I seriously need to get my hands on a financial advisor like Andrew Henderson from Nomad Capitalist once my business takes off. Those things seem so complicated and at any moment’s notice many things could go south at the push of a button.

Seems like these days we need someone who is extremely well researched and connected enough to know what the hell is going on in every country. I will be on the lookout to see what developments will come out of Eastern Europe in the coming years. The had a bad century, and I hope they keep moving away from communism.

Not at present, but I know they exist. The Chinese, in particular, have built some. The major problem is that setting up a payment processing channel requires links with MasterCard and VISA (at present), in order to facilitate payments through banks.

There is TransferWise, which I’ve heard of (vaguely). That allows for international transfers at global exchange rates.

The Chinese, Russians, and LatAms are in the process of setting up alternative payment processors, if they have not done so already. I know that, in Russia, Yandex has a serious lock on the payment processing market through its partnerships with Sberbank and other major players in that sector. And the Chinese have AliPay and WeChat Pay and a couple of others.

The Western, cucked-out, pozzed, converged payment processors have absolutely no idea what is going to hit them when those foreign competitors arrive on these shores. They will lose market share very rapidly as people weigh up the pros and cons.

If the alternative is between dealing with Russians and Chinese, who won’t tolerate criticisms of their governments and will spy on you, but will otherwise allow you to live as you please, and Western firms that will spy on you AND censor you according to a random and ever-changing set of rules, then it’s not hard to see which is better.