Encryption – The Fight Continues to Defend Privacy
The battle to defend end-to-end encryption and privacy continues as congress introduces yet another measure for back doors into people’s data. March 9, 2020 By: Bobby Casey, Managing Director GWP Certainly when data breaches occur at large entities like Yahoo, Equifax, JP Morgan Chase, and Anthem, there’s plenty of reason to be concerned for the […]
Gaming Currencies: Taxable or Not?
The IRS scrubbed some language from its guidance about virtual currencies, and how gaming currencies could fall under that definition. February 17, 2020 By: Bobby Casey, Managing Director GWP Full disclosure: I am having the worst time deciphering the difference between satire and real news. I recognize some sites as being satire, like the Onion […]
Other Central Banks May Follow China’s Example
If China’s crypto-yuan takes off, what does that mean for those in the traditional banking system now? Who would have thought that a simple idea shared with the world in 2009 would eventually be altered and leveraged by China to upend banking as we know it? Well, the time has come, and if you have […]
IRS Guidance on Taxing Virtual Currencies Rolls out for 2019
The IRS is rolling out new guidance to compel more voluntary compliance in reporting crypto holdings. But is this just another case for 2nd citizenship? January 13, 2020 By: Bobby Casey, Managing Director GWP There was crypto guidance issued in the international space for the FATF (Financial Action Task Force), and then there is the […]
Second Citizenship Becoming a Viable Option for Expats
Citizenship renunciation or second citizenship become viable solutions for expats, especially those with any dealings in crypocurrencies. January 6, 2020 By: Bobby Casey, Managing Director GWP Oppression is the number one reason why people leave one place for another. This is why people leave abusive homes. This is why people flee dictatorships and unaccountable regimes. […]
Protect Your Cash: Don’t Carry Any!
Imagine being presumed guilty of money laundering, tax evasion, or improper reporting for simply being in possession of a large sum of cash. It’s legal and it’s happening. December 16, 2019 By: Bobby Casey, Managing Director GWP You have too much cash and no permit for it. Imagine hearing those words and being brought up […]
Government Polices Will Drive People Toward Cryptocurrencies
The fiscal policies of the Federal Reserve could be driving more people toward cryptocurrencies, as the US seems incurably codependent on Fed intervention. December 2, 2019 By: Bobby Casey, Managing Director GWP Thanksgiving is a time to show appreciation for what you have. Your loved ones, your health, and even your material abundance. People who […]
Privacy Is A Right and Tool in Self Protection
Privacy is under attack, and it’s time to heed the warnings from where these attacks are felt most because eventually it’ll spread to everyone else. November 18, 2019 By: Bobby Casey, Managing Director GWP I have a pretty comfortable life as an expat. Sometimes so comfortable I forget about those people who are complacent toward […]
When Will Altcoins Catch Up to Bitcoin?
By Teeka Tiwari, Editor, Palm Beach Confidential I’ve gotten a lot of mail recently from people wondering, “When will altcoins catch up to Bitcoin?” Before I answer that question, I need to talk about Bitcoin… We’ve seen Bitcoin go as high as $14,000 this year before dropping to $9,180. Despite the pullback, it’s still up […]
Emerging Market Citizens Turning to Crypto
By Teeka Tiwari, Editor, Palm Beach Confidential Emerging market currencies are getting hammered… China’s yuan recently fell to fresh 11-year lows amid trade war worries with the U.S. In August, the Argentine peso crashed 30.3%—in one day. And last year, the Turkish lira lost 30% against the U.S. dollar. (And it continued to fall—plunging over […]
