I don't see this happening
I already have the foundation set up, but I need more time.
Looking at starting with Belize, Panama, Switzerland and the USA to start. This will not be a exchange.
"Offshore Paperwallets"
What exactly do you mean you have the foundation set up? What have you done so far?
Still tackling a number of obstacles:
A:
Privacy. This company will not care who you are. Period. However, OffShorePaperwallets will not deal with cash at all. Simply privacy and trust for individuals that need it.
B:
Security. This company will not have a single online wallet. Why? Because if one of my Bitcoin wallets gets hacked it is going to be because someone found the priv key @
http://directory.io/ (good luck)
There is still the a Security risk of the people who hold the wallets themselves.
C:
Costs. This is a major issue. Bitcoin is powerful because the costs are low and the privacy is high. I intend on copying this mindset to the company without causing any security risk. You have to pay to play in other words because I don't think anyone wants to keep 10,000BTC behind the counter of some bar in Belize City
.
I believe the lawyers cost can be offset by combining another interesting project I've been watching all year long and Namecoin.
I'm building this network for myself and then once I'm 100% happy I will open it up for anyone else who is interested as well.
Coming soon (tm)
Edit:
The end result may vary of course depending on who is recruited for the project.