fuck

I'm doing this side job for a Canadian dude and he wants me to open a Wise bank account, I've never even heard of it and, obviously, no non-life-changing-dough justifies such a thing. For some wtv the fuck reason - I don't get it, honestly - the motherfucker doesn't wanna do PayPal

So... enlighten me, PLEASE, what are people rolling with these days besides PayPal?

Also, I'm pretty sure this motherfucker is putting bumps on the road expecting me to wave on it

The amount of ammunition you get for becoming a famous stand up comedian is outrageous. They confirm you in a deliverable, and randomly message you about this or that to add to the scope. When you say no, they’re pissed, when you say yes, they’re also pissed because what took you so long and this is not what I wanted

I hadn't heard of it either but it sounds like he wants to minimize transfer and currency conversion fees, or maybe he just wants to stick it to the man.

PayPal takes too much of dem monehh. Here we pay eachother with stolen paintings having value

I regularly transfer money using Wise from the USA to Indonesia. Haven't had any problems. Though, they aren't my actual bank account. They just facilitate a transfer from my normal bank account.

crypto would fix these problems

idk. in reality no clue how that would work with the government, because then you got exchange rates. do you pay capital gains tax or tax on the date of payment converted to fiat? it's confusing. if you never take it out do you not pay any taxes?

I did make a stripe account at some point but ended up never using it

Last I heard Paypal is sketchy and shitty.

@jestdotty

In Spain at least crypto is not regulated, so you'd just pay whatever agreed, no tax or anything.

However, if you try to cash out your crypto, then that'd be taxable income, both as transaction (25%), and as yearly income (17-47%).

@CoreFusionX that's not bad at all actually

then it means you'd keep your money in crypto until retirement lol, or only take it out when you're not working rather. which means lower tax brackets

I like that

also technically you can pay other people in crypto. a bunch take it. like Newegg will let you buy hardware in crypto. a food place here stores all their Treasury in Bitcoin and probably takes it as well

they'll soon come after the crypto people calling them billionaires smh

idk how they would tell that money was from a transaction or just something you had though

just like it doesn't make any sense to me when you take on debt they say you can't use it in investments. but if you have investments you could be selling them not to be in debt? it's a pool of money. it's not unique. you can't tell what was taken as debt and then invested

@jestdotty Thing is, as much as they want to claim crypto is a way to hide stuff from the State (which it is), at least nowadays you still have to convert it to fiat at some point, and that's where they rob you.

Also, keeping your retirement in Bitcoin (or similar) is very risky, since those aren't backed by anything really, and could lose value and leave you with nothing without warning.

@CoreFusionX fiat isn't backed by anything and been leaving people with nothing for decades

the state and everyone else can track crypto. I think the state is hostile to crypto BECAUSE the citizens could actually audit anybody, and the state repeatedly refuses to do audits on itself and allow the citizens to see the finances. the world economic / one world government people that entered crypto have 1 contention with it -- that you can see everyone's transactions, so in the coins they took over they specifically talk about how they want to change the infra to obfuscate this. they literally don't want people to see transactions. then you'd see all the pedo action

currently the state is complicit in many crimes. they can see the finances. the people can't. it's bullshit that they can't track. they literally ignore and enable criminals on purpose. and they don't want you to have access to the same information because then the ruse would be up

@CoreFusionX if you dig for example into hunter Biden stuff, hsbc...

you just gotta pay the right criminals to continue criming

not to mention low level stuff is not enforced. the world is a magical place. everything runs on politics. originally in the dictionary politics meant "rule by coercion". you play by their rules or they go after you legally. you give them a cut or they slander you to the citizens.

there is no morals, there is only politics

IRS in USA does no hiding on the matter. they mention you must report earnings from illegal businesses. wink wink nudge nudge. greatest crime isn't that you crimed, it's that you didn't pay them a part of the earnings from your crimes

@jestdotty

I know fiat is not backed by gold or anything, but it's backed by the state itself, or rather, how trustworthy the state is to their loaners.

Anyway, their problem with crypto is not really the transactions. Those are public by design. Their problem is that they have no way to trace a wallet to any actual person, and without that they can't really do shit.

On the rest, I agree, politics lost their actual meaning long ago, and democracy isn't real democracy, and even democracy isn't a good system, it's just the least bad.

@CoreFusionX KYC

and you don't even need to do KYC. you can dox someone easy. go to a place, when they pay find the transaction around that time. bam you doxxed their wallet.

your phone does the same. ads track you but it's not anonymous in the least. geez wonder how many people go between your workplace and your house. geez I wonder how many people went to the same stores you did on the same dates you did

@jestdotty

Thing is, in Spain at least, it's illegal for the state to do that without a court order.

Things in that aspect are going downhill fast (hence why I fled to Portugal).

But well, in the end it's an arms race, and no matter what states will always lose, and thus keep trying to assert dominance through regulation.