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RE: LeoThread 2023-11-03 19:41

in LeoFinancelast year

Frozen accounts and assets confiscation have no place in the Blockchain

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#outreach #threadstorm #blockchain #cryptocurrency #decentralization #wealth #money #assets

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🧵1/ This post discusses the vulnerability of one's assets in the face of legal or governmental actions and suggests cryptocurrency as a potential solution for protecting wealth.

🧵2/ As Pablo's family faced numerous challenges when his father ended up in jail, including property seizure and their son's depression due to the revelation of his sexuality in church.

🧵3/ The situation reminds me of Alhaji's in the movie, "The Plan," where his assets were seized due to alleged money laundering, highlighting the vulnerability of one's wealth.

is always good to learn amor the 5 flag theory. Descentralizad yourself by having your resident citizenship, business and banking on different jurisdictions

5 flag theory

Cool Phrase. I am certainly going to read more on this.

Thank you so much for sharing. 🥳

There is many youtube channels built on 5 flag theory. You can follow Digital Nomad and Offshore Citizen. Topics are:

  • Residence
  • Citizenship by Investment
  • Offshore banking
  • LLC creation
  • Offshore real state
  • Online business

🧵4/ Also, the movie, "I Care a Lot" demonstrated how legal actions can also strip individuals of their hard-earned assets, emphasizing the need for protection.

🧵5/ This situation raises the question of how to protect your assets from confiscation, especially by governmental or legal entities.

🧵6/ The idea of using cryptocurrency and blockchain technology as a means to secure wealth and assets is introduced.

🧵7/ And I highlighted Crypto's decentralization and security features, making it a promising option for safeguarding wealth.

🧵8/ The accessibility and privacy aspects of cryptocurrency are pointed out, emphasizing its advantages over traditional banking systems.