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How does the USD reserve currency impact this? Billionaires can hold the global reserve currency in a different country/state with lower taxes and less bureauc
by Dig1t 2mo ago
How does the USD reserve currency impact this?
Billionaires can hold the global reserve currency in a different country/state with lower taxes and less bureaucracy. e.g. Marc Andreessen can move to a different state or country and start incentivizing companies to form in that new jurisdiction. We are seeing this already with many corps relocating from California to Texas.
>lots of free money
What do you mean by free money? Who's getting free money from whom?