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Without crypto I wouldn't be able to work as a software engineer for international companies (unless I were to work for free). Maybe you should dig a bit deepe
by valcron1000 4y ago
Without crypto I wouldn't be able to work as a software engineer for international companies (unless I were to work for free).
Maybe you should dig a bit deeper before making such comments
- boc 4y agoTaxes are still due even if you aren’t getting paid in USD. I don’t understand how crypto is legitimately solving a problem for you.
- valcron1000 4y agoLook up the current situation in Argentina, in depth and using local sources (not some random US newspaper) like r/argentina and r/merval.
- colesantiago 4y agoYet, what crypto was supposed to do already exists in a regulated environment. I know lots of software engineers and companies that use Wise to get paid / pay employees and contractors internationally with no issues there at all. So crypto is still not needed here at all.
- valcron1000 4y agoYou don't know enough then. If I were to use Wise I would be getting half salary due to my country "regulations", not even mentioning that I wouldn't be getting dollars or the fact that it would be nearly impossible due to bureaucracy. Edit: forgot to mention that around a month ago Wise decided to no longer support my local currency, so there's also that.
- colesantiago 4y agoI've just went onto Wise and they support Argentina Pesos and lots more, seems to be working all good, you realise that Wise isn't the only company that works in Argentina? Payoneer also works in Argentina and other countries and pays employees / contractors internationally. You really don't need crypto at all, since international payments is pretty a solved problem already and Wise, Payoneer etc is much safer to use. Rather than the immensely risky, speculative, dangerous and volatile crypto sector which doesn't solve anything new at all.
- valcron1000 4y agoI'm well aware of most payment options, I even have the Payoneer card. As I mentioned in other comments, I suggest that you look up how those services actually work for Argentinians and why they are not enough. Crypto is the best solution to get paid, and I know it for a fact since I depend on my job to live.
- colesantiago 4y agoWhile governments in Argentina and other countries might be poorly run and have unstable currencies, that doesn't mean that one should use an even worse system that loses people's savings together. The fees on crypto is much higher and is slower than any of the solutions I mentioned when you account for exchange fees, volatility, transfer fees, buy/sell fees, etc. Yes, my two examples exist but are not enough, but combined with other payments systems is used more than those using unsafe, unregulated, volatile crypto tokens that fits an extremely tiny and miniscule niche that only less than 2,000 people like yourself are unfortunately forced to use. When Transfers 3.0 hits critical mass in Argentina and links up with Pix, UPI and other real time payment systems, there wouldn't be a need at all for crypto.
- unmole 4y agoThis is the only real usecase for cryptocurrencies: Evasion of capital controls.