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dlukton
Nomad Capitalist
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Comments by "dlukton" (@dlukton) on "What is FATCA?: What US Taxpayers Overseas Should Know" video.
If not for FATCA, I doubt there would be nearly as much interest in cryptocurrencies as there currently is. Also, the US government is able to impose FATCA requirements on foreign banks only because of its control over the SWIFT system. One of these days, an alternative to SWIFT will be developed, at which point there may be many more banks willing to accept US citizens as customers.
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@heyoa7714 One of the many reasons.
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