The age of cryptocurrency: how bitcoin and digital money ...

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But bitcoin, the most famous of the cybermonies, carries a reputation for instability, wild fluctuation, and illicit business; some fear it has the power to eliminate jobs and to upend the concept of a nation-state. It implies, above all, monumental and wide-reaching change — for better and for worse. But it is here to stay, and you ignore it at your peril. Vigna and Casey demystify ... But with bitcoin’s “radical ownership,” people can move their wealth instantly without checking in with compliance officers, Ananina said. “You don’t have to worry about selling your assets in the U.S. or figuring out how to move them through the banking system to an offshore account,” she said. “You just pick up ‘calculator,’ move to another country and you have your wealth ... But with bitcoin’s “radical ownership,” people can move their wealth instantly without checking in with compliance officers, Ananina said. “You don’t have to worry about selling your assets in the U.S. or figuring out how to move them through the banking system to an offshore account,” she said. “You just pick up ‘calculator,’ move to another country and you have your wealth ... But with bitcoin’s “radical ownership,” people can move their wealth instantly without checking in with compliance officers, Ananina said. “You don’t have to worry about selling your assets in the U.S. or figuring out how to move them through the banking system to an offshore account,” she said. “You just pick up ‘calculator,’ move to another country and you have your wealth ... But bitcoin makes that much easier. ... Bill Maurer, director of UC Irvine’s Institute for Money, called it “late capitalist nomadism” – Palan said it’s less complicated: “Many people enjoy the benefits of states. But they don’t like paying taxes.” Story continues. Others have taken Schultz’s theory and run with it. Frank M. Ahearn, author New York Times best-seller “How to ...

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