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> From what I can tell it's extremely difficult to do business without having anything you do touch something based in the US. IE if you do business nearly anyw
by capableweb 4y ago
> From what I can tell it's extremely difficult to do business without having anything you do touch something based in the US. IE if you do business nearly anywhere, Uncle Sam can (almost certainly) prosecute
If you're doing business in any way that touches people from the US (which certainly FIFA does, one way or another), then it's hard.
But for the rest of us, it's not really that hard. Everything the US has, there is a alternative for that hasn't anything to do with the US, from banking to hosting to productivity tools.
- MrDunham 4y agoBanking was the interesting one — the FIFA execs moved money and most bank wires (or ACH... I forget) end up going through the U.S. in one way or another if they're international.
- capableweb 4y agoMost bank wires/ACH using USD I can belive, but you can buy/sell/trade/transfer in other currencies, which in fact, lots of parts outside of the US constantly does :) In fact, the second largest market in the world trades mostly in EUR.
- selectodude 4y agoAll US wire transfers go through a US custodian bank, so if you're sending USD, it's making a trip through the records of (generally) Wells Fargo. And then, bam, you're under US jurisdiction.