![[photo] Mark Jeftovic](https://markjeftovic.ca/wp-content/themes/exile_from_the_heard/library/media/images/markable.jpg)
This is the third article in my introductory exploration of Bitcoin here on Wealth.net. Part 1 and Part 2 were written in the wake of the big Bitcrash and it is interesting to observe that rather than “going to zero” …… Read the rest
Go ahead, pass the Internet tax. Your (foreign) competitors thank you in advance.
The internet is a pretty stupid place to pass a tax, and the US looks well down the road to passing one.
What lawmakers fail to understand is that taxation specific to the internet, ostensibly to boost revenues into government coffers, in practice will probably diminish them as US businesses lose competitiveness against foreign companies.
To our American friends, easyDNS is a foreign company, so don't let us stop you.
We are queuing up an email right now to send to all our US customers and once it passes we'll remind everybody that we're not a US firm and thus … Read the rest
Canadian Bail-In: When Canuck Depositors Get Smoked Will The CDIC Be Any Help?
Not long after the Cyrpus”bail-in” happened markets were spooked when Dutch finance minister Jeroen Dijsselbloem (a.k.a Diesel-BOOM or just D-Boom for short) called it “a template” for future rescue actions.
… Read the rest
Global Finance has Devolved into a game of Calvinball
Familiar with “Calvinball” ? The game of choice in a comic strip, whose nonsensical and kafka-esque rules now describe global finance more accurately than any other model.
Forget Rule of Law, forget the sanctity of private property and given …… Read the rest
The War on Savers Intensifies as Cyprus nabs depositors in bailout
As reported via Bloomberg:
Euro-area finance ministers agreed to an unprecedented tax on Cypriot bank deposits as officials unveiled a 10 billion-euro ($13 billion) rescue plan for the country, the fifth since Europe’s debt crisis broke out in 2009. …… Read the rest
I live in Toronto, Canada with my wife and daughter, I'm the founder and president of 
