CEO of Nethemba - Slovak IT security company founded in 2007, primarily focused on web application security and various penetration tests.
Ban of cash: the state forces you to use bank accounts
Spying & tracking & blocking of all your transactions
Misuse by credit card / banking employees & hackers
Information exchanged by OECD CRS can be leaked (by potential hacking attack or internal employees)
Because it is an effective protection against seizure of your assets by the government
KYC database of Bittrex, Poloniex, Bitfinex, and Binance was hacked & sold at the black markets (45 USD for scan of passport/ID + proof of address + selfie)
Will you report my transfers to the tax authorities?
TransferWise Limited is a UK company authorised by the Financial Conduct Authority as an Electronic Money Institution. We are still evaluating the impact of the Common Reporting Standards, including FATCA, to our business and how we will adopt the new requirements. At this time we are not reporting this information to HMRC or any other tax authority.
By Pavol Luptak
Real digital privacy starts with protecting your financial transactions. Leaving no traces. Making impossible to see or intervene your voluntary economic interactions. With the rise of anonymous cryptocurrencies, for the first time in our human history, we can do a global business and stay anonymous. Anonymous prediction markets, anonymous anti-government insurance, anonymous crowdfunded whistleblowing, decentralized cryptomarkets - all these crypto technologies will undermine the current authoritative systems. And make the significant change. Silently. With no violence or politicians. It's time. Liberate yourself.