Wesley Thysse

The Coming Regulation of Crypto

Wesley, originally from the Netherlands, started his career in finance, working as a project controller at a developer of shopping malls.

He later moved to Dubai where he assisted entrepreneurs with business registration and tax planning.

In 2014, he moved to Asia as a consultant helping European entrepreneurs, digital nomads, and crypto investors deal with tax and regulatory issues.

In 2016, he launched a website on transfer pricing, a specific type of international tax legislation. This blog is now likely the world’s most visited on this topic. He also co-authored a textbook for students. He is currently the managing partner of “Thysse de Lange”, registered in Hong Kong.

In 2017, out of personal interest, he started researching and writing about blockchain projects, and how they relate to the world of law.

Are big changes coming to control the crypto world?

Using local currency to transact world-wide crypto.

What are the advantages of crypto?  Can crypto be used to evade taxes?  Is storing in crypto safer than banks?

Crypto provides a reserve function that banks and central reserve systems don’t like.

What’s happening in China with their restrictions on crypto?

Will crypto allow the Federal Reserve to bypass the Treasury Dept.?

How will a Fed coin and the dollar co-exist?

Why is it a good idea to look into what crypto can and can’t do?

How certain is it that the number of Bitcoins won’t exceed the current limit of 21 million?  The number that exist now is around 18-19 million. 

Jeffrey asks: Will other countries in addition to El Salvador make Bitcoin their legal tender?  How about Russia?

Fractionalization of Bitcoin – price of a Satoshi can go out beyond 6 decimal points.

What happens to Bitcoin if they take down the internet?

Decentralizedlegalsystem.com  Twitter: @decentral-law

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