NEWSFLASH: In another demonstration that the United States is no longer the Land of the Free, the Department of Homeland Security has just seized the US bank accounts belonging to Mt. Gox, the world’s largest Bitcoin exchange. This certainly underscores the importance, once again, of diversifying internationally.
The Department of Homeland Security issued a seizure warrant to Dwolla, a US e-commerce company that provides online payments, for the money in Mt. Gox’s Dwolla account. The seizure of funds was triggered by an alleged failure of the company to comply with US financial regulations.
This is just another reminder of how governments operate when the going gets tough– they regulate, monitor, confiscate, restrict, and steal.
Simon Black is an international investor, entrepreneur, permanent traveler, free man, and founder of Sovereign Man. His free daily e-letter and crash course is about using the experiences from his life and travels to help you achieve more freedom.
You won’t hear about the problems below in the news, and you certainly won’t hear about the solutions. Numbers don’t lie, and the numbers are telling us that things will get much worse before it gets any better, so taking certain steps that makes sense no matter what happens makes sense, right?
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The Problems: Corrupt Governments, Fraudulent Central Banks, Insolvent Banks, Dying Fiat Currencies, Inflation, Insecure Gold Storage, The Rise of the Police State, Illegal Surveillance, Food Crises, Capital Controls, Wage and Price Controls, People Controls, And More.
The Solutions: Internationalization, International Diversification, Offshore Banking, Residency and Second Citizenships, Moving Your IRA Offshore, International Investing, Resilient Communities, Investing in Productive Farmland, And More.