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Panama Papers: How The RICH Play By Different Rules!! 😤

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0:00 Intro
2:12 What are the Panama Papers?
6:11 Why Ought to You Care?
11:48 The Scale of The Scandal
16:00 A Rotten Monetary System
17:12 How A lot Laundering In Crypto?
19:21 Ultimate Ideas


⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️

► What are the Panama Papers:
► Greatest knowledge leaks:
► Jackie Chan named in leak:
► Lionel Messi arrested:
► The path resulting in Putin:
► How the tremendous rich disguise billions:
► Mossack Fonseca HSBC & Syria:
► HSBC blocks crypto:
► Forbes wealthy record and papers:
► China censorship:
► Iceland PM steps down:
► World wealth report 2020:
► Chainalysis crypto crime report:


❓ What are the Panama Papers❓

It was the most important knowledge leak in historical past that was revealed in 2016. Simply over 2.6 terabytes of delicate monetary knowledge was made public.

That knowledge dump confirmed the size and ways in which the worldwide elite have been utilizing the standard monetary system to take advantage of tax regimes, offshore firms to keep away from tax and conceal wealth.

Nationwide leaders, sports activities and movie stars have been all implicated and, even worse, it transpired that each one these items went again to the Nineteen Seventies.

🤷 Why Ought to You Care? 🤷

Properly, if you’re sad in regards to the state of your public providers then the possibilities are that you’re not greatest happy about these tax dodgers. Libertarians gained’t care about that. Nevertheless, there are quite a few examples of Mossack Fonseca and banks like HSBC actively serving to to fund the crushing of democractic actions. Yep, that features working with regimes like Syria – I let you know all about that within the video!

👊 The Scale of The Scandal? 👊

29 folks on the Forbes wealthy record have been implicated within the Panama papers. So, it’s not shocking that the supply needed to remain nameless – annoying wealthy and highly effective folks might endanger their life. All that whistleblower needed was for the corrupt actions of the tremendous rich to be uncovered.

The info was handed on to German newspaper Süddeutsche Zeitung, which shared it with the Worldwide Consortium of Investigative Journalists. For over a yr, over 4000 journalists seemed into that knowledge dump earlier than publishing their findings.

Watch my video to find out about all of the shady issues that occurred within the British Virgin Islands, which political leaders obtained burnt and China’s censorship of the info.

🌴 A Rotten Monetary System 🌴
There have at all times been theories, allegations and rumours of hidden wealth. Nevertheless, there was by no means any actual proof earlier than the Panama Papers. Mossack Fonseca was the world’s fourth largest offshore regulation agency – so, there may be much more hidden wealth on the market.

In keeping with some estimates, 8% of world wealth is hidden in tax havens!

🦹‍♂️ How A lot Laundering In Crypto? 🦹‍♂️

Try my vid and see how crypto stacks as much as the quantity of laundering rife within the conventional system.


📜 Disclaimer 📜

The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable threat of loss. The speaker doesn’t assure any specific end result.

#PanamaPapers #taxhavens #fiat #moneylaundering #leaks #leaders

Source: Coin Bureau

46 Responses

  1. Not looking to get rich on my measly portfolio, just want to find out whether crypto can out perform a bank interest of 0.01% after 12 months. So far, my investment has lost by 1/3, but I'm far from panicking. I'll wait for the gains on some, and reinvest on others. Just a little project to entertain and educate myself. I hope it does well so I can flip the banks the bird.

  2. i have a question, although more shady transactions happen in the traditional fiat financial system compared to crypto, isn't it possible that if crypto becomes the new system, shady transactions will become the same and even be easier to disguise? can't you make that argument..?

  3. This is another reason for the crypto bull case. Although crypto currently holds a very minuscule share of the 30 trillion dollars of illicit investment/transactions it is a sector that is ripe for disruption especially because of big government crackdowns and big leaks like the panama papers – imagine how much safer it is to hold Monero than to have money hidden in a bank anywhere. Even if you have no interest in evading taxes the trend towards decentralized and private cryptos will make your investment skyrocket in the long term.

  4. I really respect your stuff Guy, but stating that crypto has significantly less criminal activity is misleading at best. Most decentralised currencies are anonimous and given that we actually start using them the same way as we use fiat, the potential to do all types of illegal things will be greater than ever. also, crypto is currently used by only a fraction of all people, and in most cases it's very unpractical due to volatility. I kinda wish crypto becomes the norm in the distant future, but you should point out the negative aspects of it as well.

  5. If that $70 billion tax was collected nothing would have changed. Us Government would have spent all that in no time on war and regime change overseas.

  6. We can also why does the central banks, money rolls war?
    People just dont care. Unless it effects them directly.
    And does all the tax dollars that are taxed by us, where does it get all used? Again people dont ask those questions.
    We definitely hear those popular words like, we use tax dollars to fix the roads, infrastructure, help the poor etc etc

  7. Dollar is more popular than crypto so of course it will have more crime going through it. If you compare crime as a ratio of market caps for crypto currency and the dollar they should be closer together.

  8. The whole story of Bitcoin being use my criminals is just an argument of wanting to be in control. Give govt control over crypto and you will see them change the story.
    Power corrupt, absolute power corrupt absolutely

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