Earlier quoted context omitted.
> It goes both ways: local talent will learn from the biggest companies in the world without having to leave, meaning their know how can be turned to local entities as well. It really doesn't. You end up with a whole segment of engineers that effectively become invisible to the local tech scene, because they are way above the local rates. Local companies are, basically, a waste of time for them. Also, keep in mind th…
> It really doesn't. You end up with a whole segment of engineers that effectively become invisible to the local tech scene, because they are way above the local rates. If remote salaries will be significantly higher than local ones many governments will be tempted to raise/introduce taxes on foreign income (and in authoritarian ones it is easy to implement). Since cross-border payments in most countries are closely…
The holdovers jump through all kind of hoops, many involving crypto.