093: The future of crypto in Puerto Rico and avoiding fanaticism

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.

About the Author

Simon Black is an international investor, entrepreneur, and founder of Sovereign Man. His free daily e-letter Notes from the Field is about using the experiences from his life and travels to help you achieve more freedom, make more money, keep more of it, and protect it all from bankrupt governments.