The Crypto Economy Has Arrived & Not a Minute Too Soon
Cryptocurrency has been around for about a decade, but it’s becoming normalized and its application more commonplace and streamlined. By: Bobby Casey, Managing Director GWP It used to be, bartering was the only form of economic transaction. You have cows, I have tomatoes. We determine a quantity of cows that equal the value of a […]
Looking Forward: Observations on Business & Global Markets
Looking forward, what are some observations we can make about how to come back, be more resilient, and mindful of the bigger players in the global market? April 27, 2020 By: Bobby Casey, Managing Director GWP A lot of us are trying to get a read on what’s next. Or is there a next? If […]
Agenda Driven Policies Continue, While People Plan for the Aftermath
As governments continue with their agenda driven policies, individuals are left to observe and plan how they will rebuild their lives in the aftermath. April 6, 2020 By: Bobby Casey, Managing Director GWP As new policies emerge, and ideas are swirled around, it’s clear that normal is being redefined at a rapid pace. The more […]
Government Response to Covid-19: What Can the US Expect?
The US could stand to learn a few things from this pandemic, but likely will not. It’s response was hasty at best, and reckless at worst. March 30, 2020 By: Bobby Casey Managing Director GWP I’ve been watching the government response to Covid 19, and I must say, it looks to be much more destructive […]
What Will a State of Emergency Usher In?
Safety is important, but not at the expense of rights. Panic during a state of emergency will only worsen the economic effects of the virus, and political action will protract that even more so. March 16, 2020 By: Bobby Casey, Managing Director GWP First, I hope this email finds you and yours well. A lot […]
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 […]
Argentina’s New Administration Ushers in Major Tax Scheme
The new president of Argentina is ushering in a very extensive tax scheme to try and stimulate the economy, and reduce the purchase of US dollars, but he is doing so without an economic plan. January 19, 2020 By: Bobby Casey, Managing Director GWP Anyone who remembers their childhood knows: it’s so much easier to […]
Big Banks Cover Up Corruption (With This Legal Move)
Banks are all but touting their immunity to scrutiny while paying fines to make it all go away. How will that affect YOUR account? You might think that big banks that operate in a tightly-regulated financial industry would be forced to “do things right.” Unfortunately, that isn’t even close to reality. Big banks walk a […]
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 […]