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Tether is lovely for many people, because there are many entry points without AML/KYC. This allows you to trade while minimising your exposure to the taxman, s
by dannyw 6y ago
Tether is lovely for many people, because there are many entry points without AML/KYC.
This allows you to trade while minimising your exposure to the taxman, something that many people in crypto value.
Of course, there is the calculated risk of Tether being seized, but that's part of doing business.
Bitcoin itself was born out of active rebellion with the existing financial system, and depending on who you ask, rebellion of the state itself.
Go to a bitcoin meetup that's a few drinks in, and ask how many people pay taxes ;)
- comboy 6y agoPlease pay taxes. Change the system instead of giving it reasons to put you into jail. I don't think very highly of people who brag about not paying taxes which they are due.
- ur-whale 6y agoPlease do your darndest to legally pay the least amount taxes possible and find every opportunity to change the system so taxes are lowered: you tax money will, in the vast majority of the cases, be wasted Stop feeding the beast. Starve it every opportunity you have.
- spurdoman77 6y agoBoth opposites of this tax debate spectrum are flawed. Most important thing is to enjoy life. If you focus too much on avoiding taxes, or pay them too much, you are losing. Pay what you pay and only spend resources on tax planning if it makes sense.
- piva00 6y agoI prefer to support Swedish's society and just pay my due taxes, thank you. The beast here is responsible for a lot of the quality of life we enjoy, public services included.
- ur-whale 6y agoI respect your choice. But please take into account that when you were born and raised in a socialist environment and properly brainwashed into believing it's the best thing on earth, it's kind of hard to imagine that there could be something better. I was born and raised in a society similar to yours, and until I crawled out from under my rock to see the world, I held beliefs very similar to yours. You need to get out of the box to understand its shape. If you have (gotten out of the box) and then decided that the inside of that box is what you want & need, then I am a 100% with you. In my case, living in a socialist society like Sweden at this stage in my life would be a living hell.
- daviroo 6y agoCan I ask where you choose to live right now that isn’t a socialist society or on the way to one? Genuine question because I am thinking of emigrating after this pandemic is over and that would definitely make my shortlist.
- piva00 6y agoSweden isn't socialist (quite far from it, one of the freest markets in the world), and I wasn't born nor raised here. So the two core assumptions of your comment are dead in the water.
- ur-whale 6y ago>Sweden isn't socialist Say you make the yearly local equivalent of 150k USD, what is your income tax rate in Sweden?
- piva00 6y agoTax rate doesn't have any relationship to socialism, what's your point?
- ur-whale 6y agoThe point is, like a sheep on a farm, you're being milked and sheared by your government, like in most socialist countries. Sure, like sheep on a farm, you're well tended to, but you basically live in a society where people exist to serve their government rather than the opposite. That may not be your definition of the word "socialism". Call it "collectivism" if that fits your definition better. That won't change the fact that you're living in hell AFAIC.
- andyjohnson0 6y agoHow about paying your taxes and "doing your darndest" to change the system so that tax revenue is spent wisely for the benefit of the whole of your society?
- ur-whale 6y agoI prefer not to play games that I know are rigged against me.
- atemerev 6y ago“depending on who you ask, rebellion of the state itself” — as if it was a bad thing!
- mrDmrTmrJ 6y agoEnvironmental protection - check Public education - check Research spending - check Social security - check NASA - check There’s a lot I like about the state! Yes, I admit it has many problems and frustrations. But given we moved *away from the gold-standard, what is different now that makes it wise to accept a fixed money supply?
- pjc50 6y agoLike talking about storming the capitol, plotting to evade taxes is all fun and games and may even work for years, until it goes "too far" and everyone gets arrested.
- TomSwirly 6y agoIf you don't pay taxes, you're cheating the rest of us. We in the west have extremely luxurious societies but this isn't cheap. When a few rich people cheat on their taxes, a large number of poor people suffer. Not paying your taxes is theft from the rest of us.