Leaving The US, Pirate Chain ARRR, Privacy Coins, Monero, Monero V, The Bitcoin Trap Is Set

 

There is currently a massive cryptocurrency infrastructure being set up for taxation, centralized exchanges, departments to focus on prying into people's personal business affairs. This is why Pirate chain and other privacy coins could be the step on the shoulders that turns crypto into what it was originally sold as. Bitcoin operates on a public blockchain whereas ARRR or Pirate chain operates on a private blockchain meaning the movements and identity of transactions are not public and not easily followed. I also discuss some practical applications for using cryptocurrencies such as international visits or long term stays in other nations, One thing many ex-pats face is difficulty establishing a foreign bank account though there are many options, there's also the difficulty of moving money across the border, especially in nations that have currency controls which are looking likely. I feel like bitcoin has been very mysteriously introduced without a creator and the banks are moving fast to set up this “infrastructure” around the entire market.

How To Buy Anything With Bitcoin

This video discusses, how to buy almost anything using Bitcoin, and the Lightning Network. It's best to save your wealth in Bitcoin, and never sell. But if you want to enter the Bitcoin circular economy, try to get paid in Bitcoin and spend using Bitcoin. Bitrefill.com makes it possible to spend your Bitcoin at hundreds of different merchants, by providing a bridge between Bitcoin and fiat money using gift cards.

Disclaimer

Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.

Can The IRS Seize Your Bitcoin?

This video discusses whether the IRS can seize your Bitcoin, and other issues surrounding U.S. cryptocurrency tax policy. Bitcoin is currently taxable as property in the US. If you leave your Bitcoin on an exchange or store your Bitcoin private keys in the cloud, the IRS can certainly seize your Bitcoin. Otherwise, they are powerless to seize your Bitcoin, unless you hand over your private keys to them. If you out-hold the IRS and US government, you may not owe taxes.

Disclaimer

Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.

El Salvador Makes Bitcoin Legal Tender

This video discusses the implications of El Salvador making Bitcoin legal tender. This is the first move in a coming arms race by sovereigns to add Bitcoin to their balance sheets. Bitcoin is good for the unbanked of El Salvador, and for those who send remittances to El Salvador.

 

Disclaimer

Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.