49 min listen
093: The future of crypto in Puerto Rico and avoiding fanaticism
093: The future of crypto in Puerto Rico and avoiding fanaticism
ratings:
Length:
42 minutes
Released:
May 18, 2018
Format:
Podcast episode
Description
I’m writing from San Juan, Puerto Rico today.
The Sovereign Man team is here to host 150+ Total Access members over the weekend.
And on today’s podcast, we discuss the amazing tax benefits in PR... and why crypto wealth is flocking to the island.
These people think crypto is going to the moon. And by being residents in PR, they’ll pay 0% capital gains tax on any appreciation after they move here.
So I share my thoughts on this, and why they may be in for a tax surprise with their crypto holdings - even with the amazing tax benefits.
Also, following one of the big themes we’ve been covering this year, I discuss fanaticism surrounding crypto (both the bulls and the people calling it a fraud)... and why you should banish fanaticism when making investment decisions.
You can listen in here.
The Sovereign Man team is here to host 150+ Total Access members over the weekend.
And on today’s podcast, we discuss the amazing tax benefits in PR... and why crypto wealth is flocking to the island.
These people think crypto is going to the moon. And by being residents in PR, they’ll pay 0% capital gains tax on any appreciation after they move here.
So I share my thoughts on this, and why they may be in for a tax surprise with their crypto holdings - even with the amazing tax benefits.
Also, following one of the big themes we’ve been covering this year, I discuss fanaticism surrounding crypto (both the bulls and the people calling it a fraud)... and why you should banish fanaticism when making investment decisions.
You can listen in here.
Released:
May 18, 2018
Format:
Podcast episode
Titles in the series (95)
065: Why is this country so poor?: “What is it about this place that makes it so poor?” - It was a simple question posed to me by a friend as we walked the streets of Managua, Nicaragua earlier this week. - Nicaragua is a lovely place. But it’s poor. Very poor. by Schiff Sovereign Podcast