150 sats \ 1 reply \ @k00b 19 Jan 2023 \ on: Plan B passport AMA w/ KatieTheRussian bitcoin
What’s your typical client like? What motivates them?
Our audience is solely Bitcoiners which makes their motivations somewhat similar, but definitely not the same for everyone.
First, distrust in a government. No matter which country my client is from, he/she really want to distribute risks - limit their dependency on one particular state in case "shit hits the fan" or 6102 on Bitcoin becomes a reality.
Basically, an insurance policy to get out in case of an emergency.
Hence the "Plan B passport" name.
Second, taxation. Not everyone is willing to give up 40% of their capital gains. The jurisdictions we work with have zero-cap-gains taxes. Love it.
There are few more reasons - maybe they need for a more powerful passport (ex: Russians/Iranians can't travel anywhere due to the weakness of their passport in worldwide geopolitics)
Another reason - actual expatriation. We see a lot of Digital Nomads moving to Latin America for a fun lifestyle and low cost of living. Mexico, Brazil, Costa Rica, El Salvador are becoming more and more popular amongst Bitcoiners.
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