America Falls Behind in Creating Rich Entrepreneurs

"The creation myth of American wealth is almost always rooted in the entrepreneur. It's the two kids who start a computer company in their garage or dorm room. Or the former standup comic who creates form-shaping undergarments, or the South African immigrant who creates a new electric car and private space program. But despite the high-profile examples, America may actually be falling behind the rest of the world when it comes to creating entrepreneurial wealth. A new study from Barclays, 'Origins and Legacy: the Changing Order of Wealth Creation,' finds developing countries now lead the U.S. when comes to wealth creation by entrepreneurs." Continue reading

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Bitcoin: Internationalization’s New Best Friend

"Bitcoin makes it easy to move funds around the world and convert it into and out of fiat currencies in a very private fashion. There's nothing to declare at borders, as with cash or precious metals, since the value exists 'out there' in the Internet. All you have are the keys to access those funds when desired. And, best of all, it allows frequent travelers and permanent travelers (PTs) to build up a readily accessible 'emergency account' that can't be easily identified, let alone stolen. However, the trick to getting all these privacy benefits is to use it properly." Continue reading

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When You Need To Disappear

"Whistleblower Edward Snowden needs to disappear if he is to avoid kidnapping, assassination, extradition, or deportation to the United States. If you’re ever faced by a situation in which you need to disappear, right away, what would you do? Perhaps someone is bent on revenge and has threatened to kill you. Perhaps you’re caught in an impossible personal or financial situation and you feel that 'going underground' is the only way out. Or perhaps like Snowden, you find yourself an enemy of the state. If you’re in such a situation, privacy may be a matter of life or death. You need to be prepared to act quickly, and when the time comes, not to hesitate." Continue reading

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How The USA Captures Whistleblowers And Other Political Enemies

"Snowden’s case would likely fall under the political crime statute of the U.S.-Hong Kong extradition treaty. Any extradition request would be difficult, complicated, and probably ultimately unsuccessful. However, if Snowden succeeds in fighting extradition from Hong Kong, the United States can revoke his passport. It’s also possible that because of the likely difficulty of extradition, U.S. authorities will simply revoke Snowden’s passport and demand his return, and bypass the extradition option entirely. Notice of the revocation, meaning that the suspect would then be illegally in the country, would be sent to Hong Kong authorities who could then deport Snowden." Continue reading

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Apple pioneer Steve Wozniak one step closer to becoming Australian

"Steve Jobs's former right hand man and Apple co-founder Steve Wozniak is one step closer to becoming a permanent Australian resident and citizen. Wozniak, who quit the company in 1987 after 12 years, today told Australian tech blog Gizmodo he was finalising the paperwork for a move down under, a plan he flagged during his visit to Australia in September. 'It is a high priority this month for me to finish some medical and police reports for my residency application,' he said. The former Apple guru also confirmed he was still keen on getting Australian citizenship." Continue reading

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How Our Right To Travel Became a Bureaucratic Ordeal

"Last week, my vacationing family was stopped at not one, but two, internal checkpoints along Interstate 8 in Arizona and California and questioned about our citizenship. As recently as eight years ago, I drove to and from a house rental in Puerto Peñasco, Mexico, with no identification beyond my driver's license. Since 2009, though, a passport or similar document has been required to cross back into the United States from anywhere. Nominally an internationally recognized right, travel of all sorts has become creepingly bureaucratized in recent decades to an extent that has completely transformed the act of going from one place to another." Continue reading

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David Galland: Three Reasons the Case for Gold Remains Intact

"While it's nice to see gold bounce off recent lows and stage a rally of late, short-term price action is of little personal concern as I don't trade the physical metals: I own them as a long-term insurance against further currency depreciation. In that regard, however, it's worth periodically pondering whether the base case for holding gold – or any asset, for that matter – remains intact. Here are three quick observations on why I think the gold bull is still well intact." Continue reading

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Perpetual Travel (PT) And Entrepreneurial Anonymity With Steve Michaels

"In this episode, we discuss: Freedom & how to live it in an unfree world; Perpetual Travel (PT) and what that means; How to anonymize yourself with a New Mexico LLC; Bitcoin & what it can do for entrepreneurs; Staying positive in an uncertain world. 'The Perpetual Traveler' Steve Michaels joins me in an in-depth discussion on the philosophy of freedom, and how to leverage this knowledge into more financial freedom and keeping what you earn." Continue reading

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