I had around
$20 million worth of my own money from working on software and other applications in the past.
My initial fight with the
tax office cost me close to $3 million. I won, the tax office even needed to apologise which rarely happens but the end result of all the fights was
the dissolution of my first marriage and a lot of money spent.
The thing that I don't want to do and that I wasn't doing is promoting bitcoin as a trading and speculating asset to gamble on.
The reason and purpose that are created bitcoin has nothing to do with that.
When we had cash flow problems in 2014 and I put a liquidator over one of the companies we had
$1.5 million worth of money due.. That was over the next 90 to 120 days.
What people fail to see is that even when you own larger amounts of capital that you can end up with problems of liquidity.
I had around fifty staff earning an average of 124,000 dollars per year. On top of that, we had offices, computers, network systems and contracts and licensing agreements with banking software firms.
The thing people fail to note is that I paid all creditors and
staff 100 cents on the dollarin placing the company into administration I didn't need to do that. I could have made deals and I could have cancelled a number of contracts and got out of paying a lot of money.
CSW
Jan 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1611923673284000?thread_ts=1611923673.284000&cid=C5131HKFX2/2
https://t.me/CSW_Slack/2002