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Aside from low taxes, Zug is also home to Glencore and a lot of commodity trading shops. These skills translate extremely well to cryptocurrency trading.


Ah yes, Glencore - Marc Rich, the FBI's most wanted, the Mossad, Oil embargoes, dictators, a U.S Presidential pardon ...

For anyone not familiar with the story of Marc Rich and what became Glencore, it's pretty fascinating. It definitely helped put Zug on the map long before crypto-currencies. I had actually forgotten about all this.

See:

https://sites.utexas.edu/culturescontexts/2013/06/30/marc-ri...

and

https://www.economist.com/news/obituary/21580438-marc-rich-k...




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