Is Your Passport a Single Point of Failure?

In this article:
Three types of people will exist in the future.
And as the war drums grow louder, the divide between them is growing by the day.
So what does this mean for you and your family: which type are you?
Well, if you want to remain a free and sovereign individual in the next 10 years, you must avoid becoming the first or second type of person.
You must become the third type of person.
Type 1: The Stuck
You have only one citizenship and residency.
Your money is held in banks, shares, gold, property or exchanges. In other words, it’s either immovable or at a custodian's discretion.
You live in a country where geopolitical risk is rising, though it may not be immediately obvious. But there are signs that your government wants to restrict your mobility.
They are talking about or enacting exit taxes. Capital controls. Registrations for conscription. Perhaps even mandatory military service for young men and women.

In other words, they don’t want you - or your money - to leave. They might need you if war breaks out. And you haven’t noticed yet.
You’ve lived in the longest stretch of modern peacetime, and you are blissfully unaware of how fast things can change.
Type 2: The Improvisor
You may already understand the importance of financial sovereignty. You might even own some Bitcoin and hold it in self-custody.
But you have not yet applied the principles of sovereignty to your mobility.
You know alternatives exist, but you think you will leave only if things get bad. You will be one of the many who will be rushing for the exit if restrictions are imminent.

You are aware of a growing threat, but you haven't realised that planning for it means thinking months, or even years, ahead.
Your strategy is to hope for the best. But hope is not a concrete mobility plan.
This approach will result in last-minute panic and no clean exit. If there is an exit at all.
Type 3: The Prepared
The prepared are a small minority of long-term thinkers, strategists, and sovereignty-minded individuals.
You hold your money in Bitcoin in self-custody because you know it’s the only truly borderless asset.
You know it’s crucial to have a Plan B for your mobility. You recognise the threat early, and act before you are forced to.

You have already set up lawful residency elsewhere, and you may even exit while things still appear calm.
You have your residency in place. You know where you will go. You have everything prepared. All you need to do is get on a plane.
Today, everyone else calls you paranoid, but tomorrow they will call you wise.
Unlike the first and second types, your passport is not a single point of failure.
You’ll Get No Warning Before The Crisis Arrives
If the fog of war arrives at your country’s borders, the government won’t give you the benefit of a heads-up to sort your affairs out.
In Russia and Ukraine, adult men who didn’t make it to the border crossing in time were prevented from leaving the country.
Remember that when all else fails, they take you to war.

And things are failing: an energy crisis, a global bond crisis, and out-of-control government spending and debt.
Our democratic governments are busy cracking down on free speech, taxing everything that moves, and centralising state power.
In the past few years, the Middle East and Europe have become hotspots with forever-wars raging, and the world is splitting along multi-polar geopolitical lines.
Many of us have been questioning the sanity of our current crop of world leaders. Restraint and diplomacy are no longer required of a statesman.
And there is saber-rattling aplenty.

Trump is well-known for his combative foreign policy, and has issued many of his usual bellicose threats toward Iran, Russia and Oman, to name a few.
Israel’s Netanyahu has also threatened Iran, Turkey and the UAE.
Iran has attacked many US allies in the Gulf states.
Russia has closed their last consulate in Germany, after Germany accused them of being behind the Leipzig drone incident.
Russia also recently issued warnings to NATO countries over a military escalation near Kaliningrad, stating that they were risking entering into armed conflict with Russia.
There Are Indications That Our Governments are Preparing for War
And recently, we have seen growing signs that Western governments are warming the population up to the idea of war.
In Germany, the Defence Ministry has started calling 18-year-old men for compulsory medical checks, a move that mobilised youth on the streets in protest.

In the past 2-3 years, Latvia and Croatia both reinstated mandatory military service.
Denmark extended their service to include women for the first time, and increased the service term.
Conscription has been debated in the UK recently, as Moscow warns the UK over their support for Ukraine.
This week, retired British General Sir Richard Shirreff said the country is not ready for armed conflict.
“In a sense it’s now a bit like those Edwardian summers before 1914, when there was a lot of talk of war but the notion of actually going to war seemed so far-fetched as to be beyond belief, and I think that’s where we are at the moment” - Sir Richard Shirreff

In this climate of political uncertainty, you need to be part of the third group, the ones who are prepared.
You must be the person who is 10 years early, rather than one day too late.
How to become a jurisdictionally sovereign individual
The first step is to become financially sovereign by holding your money in self-custodied Bitcoin.
This will give you portable wealth that cannot be confiscated or stopped by any borders.
The second step is to decide the best alternative for you and your family, your Plan B location.
The good news is that we have already done this part for you.
You don’t need to spend countless hours researching, or thousands of dollars traveling to different locations, only to find out they are totally wrong for you.
We looked at every option imaginable, and every time we came back to one place: Panama.

Why choose Panama?
- Panama has no military (and therefore no conscription).
- Panama has no central bank, and cannot print its own currency into oblivion.
- Panama has a territorial tax system, meaning tax applies only to income earned in Panama. Income and assets outside Panama are not taxed there.
- Panama has Bitcoin-friendly infrastructure: banks allow both USD and BTC accounts, Bitcoin can be used to pay some government fees and taxes, and the mayor of Panama City is a Bitcoin advocate.
- There are minimal residency requirements, as little as 24 hours on the ground is required to maintain your residency.
- The cost of living is around 40% lower than in most Western countries.
- Unlike many other Central and South American countries, Panama has great infrastructure.
- Top-notch medical care is available at a fraction of the cost of many other countries.
- Panama is well connected to the rest of the world, with many direct flights to North America, Europe, and South America.
To learn more about the benefits of residency in Panama, the different paths available to you, and our process for your Plan B, watch this video or download our guide.

The Bitcoin Way Difference
Keep in mind that, at the Bitcoin Way, we do much more than help you with the legal processes.
We welcome you to Panama and introduce you to other like-minded people on the same journey.
We take you around and show you all the wonderful things that the country has to offer.
What do our existing clients say about their experience working with us to put their Plan B in place?
“A massive thank you to the best operators in the business. A seamless experience.” - F.H.
“Great time in Panama with The Bitcoin Way. I’m one step closer to permanent residency!” - P.M.
“I’m sitting here in Panama, on my own, quietly enjoying a Cohiba and a very fine whiskey in the back of a little cigar club in Casco Viejo. It’s 4 in the afternoon. The air is warm. My heart is full…You are the world leaders at what you do.” - R.C.
“The most amazing week. We truly appreciate all your hard work. Champions!” - L.S.
“Thank you for such a great week setting up for Plan B. My confidence in The Bitcoin Way is even more solidified.” - T.H.
“A wonderful trip and experience. Many favourite moments and great new friends made.” - J.M.

If you would like to join the elite few who are already planning ahead, get in touch with our expert team today to discuss your options.
And don’t forget to download our Panama Plan B guide, which outlines your options and the process for obtaining your second residency with The Bitcoin Way.
We hope to meet you in Panama!
