RE: Do we need offshore if there is bitcoin?

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Do we need offshore if there is bitcoin?

in cryptocurrency •  8 years ago 

You don't need any of the traditional schemes for money launder if you have bitcoin and other cryptos.

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  ·  8 years ago (edited)

disagree - when want to get that eco-system growing you need of course the financial hubs for investing in that infrastructure. Anyway - there are ways when you look in the investment landscape in cryptoworld.... just get a bunch of people investing via SPVs (Special Purpose Vehicles) in a SP (Segregated Portfolio) what have under FACTA still no reporting need as that companies are only made for investing in one other company. Thats pretty normal in that field ;-)