Looking for Financial Privacy? Establish a Private Trust

So you’re curious about how to establish a private trust and the benefits that come along with that. Well, we’ll be diving deeper into that in today’s post but first…

Do you or someone you know own cryptocurrency?

You’ve probably heard about the (privacy) battle going on with cryptocurrency, right?

There have been signs of major issues with the government spying on American citizens for decades.

And if you’re not taking steps to protect yourself from government oversight and overreach, you’re doing a huge disservice to yourself and your wealth.

It’s gotten to the point that the Constitution no longer holds politicians to account.


For example: Biden’s infrastructure bill, contained an cryptocurrency tax reporting provision with some very Orwellian surveillance terms for cryptocurrency users.


What to Watch Out For…
Provisions like this one includes a very loose definition of “broker” to include anyone who is “responsible for and regularly providing any service effectuating transfers of digital assets” on behalf of another person.


And, that includes software developers and cryptocurrency startups that aren’t controlling assets on behalf of their users, too.

These “brokers” would have to collect user data, including users’ names and addresses and pass them along to the powers that be. WHOA!

In other words, any of the privacy protections offered with crypto will be completely WIPED OUT.

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And, this abhorrent infrastructure bill doesn’t just allow government officials to spy on crypto users and their assets.

It also spells the beginning of the END of private crypto markets.

Just look at the graph below showing how Bitcoin has dropped since the announcement of the bill’s provision…

Why Establish a Private Trust?

Your friends in finance,
Private Wealth Academy

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