The holding of Bitcoins in one's own wallet exposes the investor to digital surveillance, at least gradual prohibition, upcoming excessive taxation, and uncertainty of sanctions. Bitcoin offshoring fixes this. You don't have to be an escape artist or a nomad capitalist to care about the continuity and preservation of your crypto assets and take appropriate action. Everyone should consider securing cryptocurrencies and tokens in paradise while it is still legally possible. Move your digital assets not only out of sight and out of reach, but into a crypto- and tax-friendly environment.
Bitcoin Offshoring was developed by PUGNATORIUS S.A. as one of the firm's Modern Digital Asset Protection Strategies. At first glance, it sounds counterintuitive because it requires the Bitcoin investor to transfer the Bitcoin from his private Bitcoin wallet to an offshore company abroad. However, a deeper understanding reveals an sophisticated strategy that serves the best interests of the Bitcoin holder and his preferences.
It is a meaningful concept not only for Bitcoin, but also for Monero, security and utility tokens, NFTs and tokenized assets, as well as stablecoins. Even with optimistic expectations for the future, crypto offshoring makes perfect sense. Sometimes you need to be prepared for the worst. However, in all these cases, crypto offshoring is for crypto millionaires, not crypto tourists.
The Bitcoin Offshoring concept was presented to the professional audience in Dubai at the World Business Growth Conference in April 2023 and in San Salvador at the Adopting Bitcoin conference in November 2023. Both keynote presentations are based on practical experience with Bitcoin millionaires and a long-term successful track record.
To implement a crypto offshoring project, four cardinal questions have to be answered: (1) Why should I take the cryptos out of my secure self-custodial wallet to send them to some weird offshore location? (2) In a global crypto world, what is the point of offshoring the coins if they are still stored on the blockchain?(3) Why should I trust the dubious nominees, middlemen and agents that are inevitable in the offshore industry to store my decentralized and trustless cryptocurrencies? (4) Why is it clearly advantageous to offshore my crypto assets as soon as possible. If you can't explain this simply, you don't understand it well enough.
Insights and recent experiences were presented at the firm's keynote speech in San Salvador.
PUGNATORIUS S.A. is a private research practice and niche think tank incorporated under the laws of Panama. Founded in 2009 by Dr. Ulrich Eder, it develops unconventional solutions and unorthodox perspectives on Modern Digital Asset Protection Strategies. Its viewpoints and statements are being read and recognized by Bitcoin millionaires and people whose stealth wealth and quiet luxury lifestyle are kept outside of traditional banking channels.
This website is for educational purposes only and should neither be construed as legal, tax or financial advice nor as an offer to provide services of any kind.