Reborn Wealth America

Chapter 3 Bitcoin and Wells Fargo

Enter [E2Cafe] and spend $50, including taxes and fees as high as 8.5%.

American tax laws and taxes are very special.

Under the federal system of the United States, each state government can decide which taxes to collect, and almost all state tax laws have their own characteristics.Therefore, in most cases, Americans’ annual tax expenditures vary by state of residence.

Even various districts, cities and counties in a state have different tax rates.

California has high taxes and fees, and it can even be said to be one of the highest states in the United States.

Basically, California, where Los Angeles is located, and New York State, where New York is the world's first city.

The taxes in these two places are the highest in the entire United States.

Of course, the richest people are also the most in these two states.

But now, Abel feels that the fifty dollars is worth it.

Because before going in, the 50 dollars was almost 14 of all his possessions.

But after spending $50, come out.This 50 dollars has become one hundred thousandth of his fortune.

Because... the old Kingston USB flash drive contains the digital key, Bitcoin address and digital signature of a bitcoin!

And most importantly, the number of bitcoins in this bitcoin account is: 1000 bitcoins!

1000 Bitcoins, in 2009, when it just appeared, it was not even enough to buy a burger.

But now is 2018, although 2017 is not the most exaggerated price.

But this is still a huge sum of money.

Although I don't know why this bitcoin is all in the USB flash drive, why it is in my dormitory.

But due to the characteristics of Bitcoin.

Abel was not worried, its original owner came to the door.

The biggest feature of Bitcoin is: decentralization, anonymous.

This makes it a great money laundering tool.

The disadvantage is that once the key, digital signature, and address are lost or forgotten.

The bitcoins on the account can hardly be retrieved.

Abel used his computer to check the age of the USB flash drive on the Internet.

It turned out to be a product around 2008.

It may well be that this bitcoin is one of those lost bitcoins.

The lost Bitcoin accounts are those whose owners have forgotten their keys, addresses, and digital signatures.

These bitcoins will almost never come out unless their original owner can find the key.

Now in the market, the value of a single Bitcoin fluctuates between $6,500 and $6,700!

These thousand bitcoins are between 6.5 million and 6.7 million US dollars!

To be precise, it took Abel an hour to pass the channel left by his predecessor as a financial investment genius.

Just sold all these thousand bitcoins.

He deducted the transaction fee from his account in Wells Fargo Bank, which resulted in an extra balance of US$6.6345 million!

Wells Fargo Bank was the clearing bank of Abel's bankruptcy, and he still owes Wells Fargo more than one million dollars.

The US bankruptcy law is very complicated.

But it is also almost the best bankruptcy law in the world.

If it is an individual bankrupt, the bankruptcy application is successful and the liquidation is completed.

In some states, such as Texas, even about $60,000 of property is left to the bankrupt.

Other states are not as generous as the cowboys in Texas, but they will leave the bankrupts with enough property to survive.

This is to prevent bankrupts from embarking on the path of receiving relief funds and becoming some extremes in society.

The above refers to individuals who file for bankruptcy on their own initiative.

Keywords: Individuals, take the initiative to file for bankruptcy.

Abel was unlucky.

He did not touch any of the above two keywords.

Because the predecessor, the original Abel, invested in the name of the company, bankruptcy was forced to go bankrupt, and bankrupt in the name of the company.

As the sole shareholder, legal person, and chairman of the investment company.

He almost assumed all the debts of the company. After the bankruptcy and liquidation, he still owed the bank more than one million dollars.

Of course, if he can't afford it, the bank will not kill you.It's just that as soon as you have more money than your normal life, the bank will come to collect debts.

This kind of life of the lowest level civilians lasts until the money is paid off.

This is the most miserable result.

Fortunately, now Abel does not have to lead such a miserable life.

As soon as I walked out of this strangely named cafe, the phone in my pocket rang.

Abel finished reading the contacts.

Smiled slightly.

Sure enough, in the United States, in addition to the tax bureau and fbi, the sense of smell of this group of people in the bank is the most powerful!

"Hello?! Roma, I think...my Ferrari is in Los Angeles now?"

"Aha... indeed it has arrived, Mr. Sefrosa. But if you need it, I can send someone to reopen it to ucla now. Of course, the cost will be deducted from your account."

"No, I'm tired of driving this car, so be it!"

"Okay. Sir."

It was the bank manager who had been in charge of contacting Abel from Wells Fargo Bank.

When Abel was rich, he served Abel.

Later, Abel went bankrupt, and he was responsible for the bankruptcy and liquidation.

Old acquaintance.

A fat white Irish man named Tony.

Of course, his surname is not Stark.

The name Tony is in the United States, just like the names Jianping and Jianguo are in China. Everyone will meet a few in their daily lives.

"Mr. Sefrosa!"

Tony's voice on the other side became respectful: "You are probably the United States, or even the whole world. From bankruptcy to millionaire experience the fastest! Even I think you can apply for the Guinness World Records!"

"Aha. How's the sunshine in downtown Los Angeles?" Abel was noncommittal.

Tony's voice is respectful now, just like when he was a multi-millionaire.

But a few hours ago, it was this voice, but so indifferent and serious, and took away all his valuable things.

Abel didn't blame him, who told him to owe so much money to other people's banks.

But Abel would not have any friendship with him.

Business contacts are okay, just talk about feelings.

It might be the indifference in his words.

Tony smiled over there, respectfully but became serious:

"Mr. Sefrosa. Given the deposit in your account, it can completely offset your debt. Wells Fargo has adopted the American Bankruptcy Law and California Contract Law, which can directly deduct the debt owed in your account."

"Buckle it!"

Repaying debts is justified.

"Thank you, this is a notice."

"no problem."

Then Abel directly hung up the phone when the other party wanted to continue to say something.

"call!"

Abel exhaled heavily.

If at this moment, his soul dominates, it is still the native American.

Maybe this feeling will be slightly better.

But now his soul is dominated by the native Chinese soul.

This feeling of bankruptcy is too uncomfortable.

Now, it's finally easy.