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  • what worries you about?

  • Bitcoin.

  • Yeah.

  • Oh or what don't you like about it?

  • Something you would change if you could redesign it.

  • Well it's gonna be it's gonna create a lot of turmoil.

  • And I mean we're talking about a world where government can forcibly collect taxes any longer where they have where they can't just swoop into your bank account and take what they like but where they have to rely on making you sorry for not voluntarily paying what they would like you to pay.

  • And they were a world where government can now longer look into your economy.

  • They can't see your wealth, your debt, your income, your expenditure, you reported, you may report it to them but they have to take your word for it.

  • So it's gonna say on Wall Street, there's two sure things in life, death and taxes.

  • Right.

  • Right, right, right.

  • And when you say this to a bureaucrat, they'll just they'll they'll just blink their eyes and then they'll do a double take and then they come up with something.

  • But well we have to you must create new laws for this and I go again, you don't understand.

  • You cannot.

  • You can it would be like creating a law to change gravity.

  • It is not technically possible for you to see people's wealth and then they go blink again and then they say but we have to repeat ad nauseum so that's going to change alone.

  • The regulation right now.

  • I bought a couple of bitcoins before we had Kaiser on and uh I bought them through Bit bargain and I went back there a few months later and it wanted like photo copies of my passport, you wanted a picture of me holding my passport.

  • I was like what?

  • Are you kidding me?

  • So I didn't do that.

  • But is it are they making it harder and harder to buy these things?

  • This is standard banking regulations, This is the european union and I'm not sure if it's worldwide but the european union banking regulations have something called K.

  • Y.

  • C.

  • Know your customer.

  • And that means essentially that you have proof of I.

  • D.

  • Proof of residence residency address.

  • If you buy a Bitcoin to buy a bit the first time I just want to sell it.

  • So this is this is when you run into Legacy regulations defy which stands for decentralized finance.

  • This is a $9 trillion per year marketplace.

  • I want to talk about our brand new defy academy.

  • Our first program is called the defi accelerator and we have been absolutely inundated with applications from around the world.

  • I'm gonna be talking about how you can profit from what I'm calling the greatest dislocation of wealth in human history, decentralized finance is already revolutionizing the world of finance.

  • You just don't know it yet.

  • I'm going to talk about the difference between defy and cryptocurrencies.

  • There's a big difference I want to go into how to trade the markets.

  • It takes a lot of discipline, it takes emotional discipline, it takes intelligence.

  • It's not an easy thing to do.

  • I'm looking for a small group of people who want to actively participate in this upcoming deep by revolution.

  • I'm looking for serious individuals only with real network who want to build this exciting financial infrastructure.

  • I'm looking for partners, collaborators, investors, colleagues who want to join forces and create real value and generational wealth.

  • If you're one of those people go to London dot tv forward slash defy and submit your application.

  • Now you've got a chance, life all comes down to a few moments.

  • You have a chance now to join me on this incredible adventure.

  • For the next 10 years, it will change your life.

  • The lifes of your Children and grandchildren, maybe the life of billions of people on this planet.

  • What are you gonna do?

  • What's the choice that you're going to make?

  • Yeah.

  • Yeah.

  • Mhm.

what worries you about?

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B1 defy wealth finance blink passport european union

The Two Sure Things In Life, Death And Taxes ? Rick Falkvinge on Bitcoin & The Tax System

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    林宜悉 posted on 2021/08/02
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