4 ms·

Feel free to provide details.

by boh 5y ago

rglullis 5y ago
Try making an international transfer to a country that does not use USD/EUR/GBP without losing more than 5% of the total value to exchange fees ("official vs parallel") and government taxes on finance operations. Brazil not until long ago had a tax of 0.38% on every bank transfer (both ways!) and they have been talking about bringing it back. Try working as a service provider with international customers, receive a payment from the client but getting notice from the bank saying it will take them 60 days to clear the money order, or that you can take it right away if they skim some of it. Try living in Venezuela and seeing the government confiscating whatever property they can if you happen to be in the opposition. Try to keep up with hyperinflation while all of those in the elites can park their cash offshore. Try to withdraw more than 600€ from your bank in Greece. Try using an international contract as proof-of-income in a bank, in case you want to get a loan for your business. Try searching for a micro-credit solution that is not going to charge you usury rates. Try running a business that is deemed "offensive" and see how you can not accept credit card payments. Not illegal. Just "offensive".
- boh 5y ago
  It's amazing that crypto has solved all of these problems, I wonder why people still have them.
  - rglullis 5y ago
    It's not a problem anymore for those that are using crypto. Why is it so hard for you to accept that you don't have a valid argument? Do you think that playing dumb and taking cheap jabs at what other people do gives you any moral superiority?
    - boh 5y ago
      It's because you don't care if you're actually right. The proposals you're presenting are obviously not solved nor does Bitcoin solve them. If you have a problem paying 5% transaction fees than why would use Bitcoin (not to mention every transaction is subject to tax which gov'ts haven't been aggressive at collecting now, but can choose to collect it retroactively at any point having a public ledger to reference whenever they need it).
      - rglullis 5y ago
        - I don't use Bitcoin, not anymore anyway. Stop assuming that crypto = Bitcoin, or that everyone that sees the value in blockchain believes in or depends on BTC. - I am not in the US, so what you are talking about taxes make absolute zero sense. Stop assuming that everyone lives like you. - Transaction fees are fixed, so while you certainly don't want to use it (at the moment) for transfer if small value, it is certainly an advantage to use for larger sums. Also, you can use a middleman who will take obviously less than banks. But anyway, please continue telling me how the problems that I and others managed to solve or alleviate through crypto were not real.

Feel free to provide details.

by boh 5y ago

Feel free to provide details.

Try making an international transfer to a country that does not use USD/EUR/GBP without losing more than 5% of the total value to exchange fees ("official vs parallel") and government taxes on finance operations. Brazil not until long ago had a tax of 0.38% on every bank transfer (both ways!) and they have been talking about bringing it back. Try working as a service provider with international customers, receive a payment from the client but getting notice from the bank saying it will take them 60 days to clear the money order, or that you can take it right away if they skim some of it. Try living in Venezuela and seeing the government confiscating whatever property they can if you happen to be in the opposition. Try to keep up with hyperinflation while all of those in the elites can park their cash offshore. Try to withdraw more than 600€ from your bank in Greece. Try using an international contract as proof-of-income in a bank, in case you want to get a loan for your business. Try searching for a micro-credit solution that is not going to charge you usury rates. Try running a business that is deemed "offensive" and see how you can not accept credit card payments. Not illegal. Just "offensive".

boh 5y ago
It's amazing that crypto has solved all of these problems, I wonder why people still have them.
- rglullis 5y ago
  It's not a problem anymore for those that are using crypto. Why is it so hard for you to accept that you don't have a valid argument? Do you think that playing dumb and taking cheap jabs at what other people do gives you any moral superiority?
  - boh 5y ago
    It's because you don't care if you're actually right. The proposals you're presenting are obviously not solved nor does Bitcoin solve them. If you have a problem paying 5% transaction fees than why would use Bitcoin (not to mention every transaction is subject to tax which gov'ts haven't been aggressive at collecting now, but can choose to collect it retroactively at any point having a public ledger to reference whenever they need it).
    - rglullis 5y ago
      - I don't use Bitcoin, not anymore anyway. Stop assuming that crypto = Bitcoin, or that everyone that sees the value in blockchain believes in or depends on BTC. - I am not in the US, so what you are talking about taxes make absolute zero sense. Stop assuming that everyone lives like you. - Transaction fees are fixed, so while you certainly don't want to use it (at the moment) for transfer if small value, it is certainly an advantage to use for larger sums. Also, you can use a middleman who will take obviously less than banks. But anyway, please continue telling me how the problems that I and others managed to solve or alleviate through crypto were not real.