I have many times talked about how a large part of the population are "unbanked", that is, for reasons of poverty, ability or lack of access to any commercial banking facility, even in terms of distrust they cannot or will not open a bank account, thus not having any access to electronic payments in fiat, credit or payments that most people here would consider as usual business. If you think of it, it seems ironic that this status in society will also assure them that they will not lose anything if a bank collapses. Is not really much of a consolation because the fallout will be strong anyway.

https://thefinancialexpress.com.bd/trade/half-of-bangladesh-adults-remain-unbanked-wb-1524886500

Latest news indicate that there is short of a worldwide consensus on a 15% at minimum tax. Not all countries are joining but it is already surprising that US an EU are finding at least some common ground on these discussions. Many companies, particularly those that are large and can easily relocate are pretty much free to chose where they do business, so it is not a question of them being feed up with taxes, it is more about their perpetual complaint about anything that is going to make their bottom line smaller.

In my view, if you want to do business in a country, you need to support all that is given to you as "free", such as law, security, infrastructure, customers with money to spend, etc... that is not free.

I am asking this because I do have some short of an answer for videogames and for massive multiplayer games and even for social network oriented games. Videogames require a great design, good difficulty grading, an story that engages the user, massive multiplayer and network oriented are a lot about the interactions and how varied and fun these are. However, for casino games, it would seem that these factors are not really the most important ones. You can see games with very basic graphics and design, simple in the options for the player and not that engaging yet they do "hook" people in them.
What do these games have to have for you?

In fact terms and conditions are a must read in anything you do. Perhaps we are becoming too used to large software companies or utility providers supplying us with pages long contracts of absurd legal terms that basically allow them to spy in your life, your house, your family and perhaps your pets. Most times, we are not really free to reject those terms, for example, at work, you have to accept the terms of use of certain software that your company uses even if you are not happy about it taking a look at your work habits and the like.
At least when joining a casino, make sure that you do read those terms because you do have a choice there.

There can be some elements of cryptocurrencies that are linked to sports. As of now, clearly betting with crypto is perfectly feasible and you can potentially use any platform that uses crypto from anywhere in the world without exchanging your fiat nor anything, so that helps with the betting part. However, there are other things that could be better such as paying players with crypto that does not require, again, being exchanged. Also rewards in crypto for gaming are trustless and they can become an worldwide method for salaries. And the last bit I can think of is for on-line gaming sports or eSports that seem only but natural to have crypto as currency.

I would not class myself as a gambler as such, but I do make bets from time to time. I do not know if that makes sense for others, but as far as I know a gambler is someone who is adept at gambling and does it in a regular basis, so I would not say that you are a gambler if you play a little from time to time. Anyway, we are all gamblers in life since we take many decisions even everyday without knowing exactly the result, which you may argue it is making a bet on the future. Perhaps I am a life-gambler.

Osea q tengo q esperar aun otros 3 o 4 años para tener mi vida resuelta para siempre jamás? Nooo, me niego, yo lo quiero para el mes que viene asique me voy a poner a hacer trading ya mismo 

Ya en serio, me gusta el modelo pero hay q entender q un precio se fija por oferta y demanda, no sólo por la oferta. Es parecido a cuando se habla que de, por ejemplo, el Uranio va a subir muchísimo de precio porque hay cada vez más centrales y se va a consumir un 10% más al año. No es que sea falso, es que eso es sólo la demanda. La oferta es flexible y fácil de ampliar, por lo cual la producción sube con la demanda y el precio se mueve poco.

Lo mismo con este modelo, asume muchas cosas para la predicción de precio y asume que lo q pasó en el pasado va a pasar en el futuro. Aun así lo dicho, me gusta porque me vendría muy bien q fuera cierto 

I think the rationale behind his departure is that he no longer feels any sense of achievement by being there and there are some internal pressures that require him to step down for the good of the company. Now he is eager to start a new career as an astronaut and perhaps those executives may also follow him to space.

https://www.hindustantimes.com/science/in-race-to-space-it-s-virgin-galactic-vs-bezos-blue-origin-101625276825288.html

The funniest thing about Bezos wanting to be out of earth is the community that is forming around the idea of not letting him back in:

https://www.change.org/p/the-proletariat-do-not-allow-jeff-bezos-to-return-to-earth

I am pondering signing.

Hay que entender la diferencia entre la palabra Socialismo en Venezuela, que quiere decir prácticamente bananerismo y la palabra socialismo en Europa. Los paises que mejor gestión tienen y más calidad de vida dan a sus ciudadanos en Europa se llaman a si mismos socialistas. Noruega, Suecia, ... Pero son socialismos moderados y con un orden democrático y legal a prueba y bien maduro. No como Maduro precisamente.

Las siguientes palabras clave son prácticamente una enorme bandera roja en cualquier web, negocio o propuesta:
- Forex.
- Opciones binarias.
- Trading apalancado.
- Ganar 2000 euros al mes trabajando 2 horas diarías.
- Rendimientos del 30% mensuales o su primo rendimientos de x100 anuales.
- Comisión sobre amigos a los que nos recomiendes del 20% de lo que ingresen.
- Con pruebas de mi método y rendimiento documentados en un video de youtube.

Seguro que lo pillais verdad?

It is an interesting advice mix you are giving, on one side do all those thing that you miss when you think you will be dying soon, and on the other side get vaccinated so can eventually think that it was silly from you to think that way  Anyway, with or without COVID it is always good to be around of the people you love, but I disagree on not spending much: while many have the problem of too much vane spending, I actually have the problem of being to conservative in my spending and that is psychologically bad. Find your balance I advise.

I was about to consider this a serious post, when I realised that you were preparing a scratch script for a movie. I think you are in the right path, most of the things you have said have already happened so it is great for added realism. Now we have to polish a few details such as the type of zombies... the usual un-dead with ragged clothes and walking sideways or are you looking for something like a white walker that can rise dead after battle. My personal favourite is the voodoo version "me wants braaaiiiiinssss".

In any of the cases, I am happy to play a zombie and accept payments in bitcoin.

Perhaps what I did not state clearly is that all companies are really owned by the same corporation that deflates the benefit in countries with high tax and re-inflates in low tax countries by setting the prices at the convenience. Other than that my basic example is very clear IMHO and it is easy to see how taxes are avoided by the corporate structure chosen. I cannot say much more.

Re why taxes on the manufacturing country, these have to be paid because the company that manufactures the product makes a profit, thus should pay tax as opposed to deflating artificially the price and benefit. It should be all about the real value added.

Re there is no pact - 130 countries do have a pact. Ireland will likely have fallout when negotiating other things in Europe due to their decision, as it was Europe not the US the main promoter of this.

RE other people speaking of bitcoin, think of this:

-  You buy bitcoin at 1000
- Bitcoin is now at 30000
- You sell your bitcoin to a company in a tax haven for 1000 a piece. OTC, so you can sell at whatever price you want. You have not made profit, thus no tax is applied to you.
- The company, which you own but you do not declare as yours, sells that bitcoin in a exchange for 30000.
- You don´t pay taxes, as the tax haven does not require you to do so.

Not sure it would work, but this is similar to what the big corps do. Except that it is legal for them but not for you (you have to declare off-shore earnings in most countries).

As said, compared with the average. Furthermore, most expats are from rich countries hence saying cheap is correct in general sense. Anyway, data is there for whoever needs to figure out the cents. Quality of life can be measured in different ways and weighted differently. Bogotá and El Salvador are terrible for violence, but I guess that if you are happy living in a rich bubble community and ignoring the rest you will find one and do fine.

On every country having the same tax as Ireland, that is kind of what happened with the pact. Except that some countries won´t accept it, thus leaving room open.

On the manufacturing on poor or rich countries, that is unrelated to tax, as the price of the iPhone is unrelated to its real production cost. I am not saying that it should be manufactured in one place or another at all. The example is how the tax that should be paid in the manufacturing country and then in the destination country gets avoided by stating most of the profit as made in a third country that does nothing but has low tax.

This looks like a permanent fiscal amnesty. There was one in Spain not too long ago, because the government was desperate for funds so they were willing to ignore the tax evasion penalties and charges as long as the money was brought to light and paid the right level of tax.

However, there is a big difference between a one-off and a permanent mechanism for money laundering. Also, even if the money is legalised, there should be some questions about where did it come from, that is, is not the same money coming from drug selling that money paid "in hand" with no records for selling a house or other stuff or even an undeclared inheritance.

Does 15% sound like too much. Certainly not, most countries, even Ireland and perhaps except tax havens, have a higher official tax than 15%. It is a step in the right direction, however:

- The problem is rarely the minimum tax, but rather the private deals of governments with large corporations to lower this to, sometimes, near zero taxes.
- Countries that are less attractive for investments cannot lower their taxes. This equates to having to sell your oranges at 50 cents a pound no matter if they are ripe, large, small, juicy or dry.
- Since not all countries participate, this does not address the problem of corporations setting shadow structures on these.

One of the key points however is the intent of the states to charge tax where goods are consumed. This is obviously aimed at Google, Facebook, Amazon, Netflix and the like, who, until now were declaring the profits where they choose. This would look as simple as this:

- An iPhone is manufactured in China or India. It costs 25 USD.
- This iPhone is sold to a company in a lox tax country. The iPhone is sold for 25 USD and one cent. One cent of profit is taxed in China or India at (e.g.) 30%. They pay .3 cents of taxes.
- An Irish corporation buys the iPhone for 200 USD. This is taxed at the low tax countries profit tax (e.g. 1%, so they pay 2 USD there)
- The iPhone is now in the European Union, it travels freely to Germany where it is sold at 210 USD. This profit is taxed in Ireland at 10% (thanks to an special agreement). That is 1 USD of tax.
- VAT is applied at 20%, that is around 40 USD. That´s paid in Germany.

Apart from VAT, The real tax at that 15% minimum if you do not do all this tax avoidance is (210 - 20) *15%, plus VAT.

Excluding VAT, the tax should have been 28.5 USD and they have managed to pay 3.3 USD. This is a very basic example and figures are probably far from accurate, but you get the idea. A solution has to address this pick and choose of where to pay.

This is a sentence I recently heard on a TV series I was watching that made me think of my own stance in life. Am I striving to become the master of slaves?  Perhaps those who climb the corporate ladder think in those terms? Are we creating our own cryptocurrency just to be our own masters or are we actually seeking to become the new masters of the new slaves? BTW I am very interested in knowing if this is a quote from anyone famous or just part of the script.

Dear guy, if you want standard monetary policies and tools that allow standard monetary policies why would you need anything like Ethereum, BNB or any crypto? You already have fiat and ordinary central banks for that. Bitcoin is for people who precisely do not want anything to do with what you call standard monetary policy, because that policy and system is based on inflation, monopoly money, banks that hold an undue influence in the economy and politicians who cannot think beyond their electoral period.

Why would you need to replicate that, it is already there.

Bitcoin is already a global currency and it is perfectly fine sharing the space with traditional fiat. It does not need to be officially recognised, because we ("we the people") have already decided to accept it.

Bitcoin is, as of now, not intended to pay for coffee. Nor are 500 euro bills. However it is perfect for mid-large transactions and carries less fees and is faster than international transfers, but, above all, is not controlled by any third entity in the process.

BNB is a private currency. ETH in inflationary. Please, hold as much as you want and buy as much coffee as you want with it. You have earned it.

The factual information given about cost of living is based on a report of living conditions and salary adjustments published in the Economist. El Salvador is cheap compared to a world average of capital cities. It is behind a paywall so I cannot link it. You can access a pubic domain source here.
which states:



 The references to the political status of the country are based on the abundant news and information available. If you need a source you can use this one. which states among other facts:


and  this:


Do not assume that my posts are undocumented or that I am speaking without knowing just because I am being kind of funny about it. The reason why nobody from El Salvador is answering is because they are busy trying to survive. That is not factual, just my educated guess.

My other educated guess is that you may achieve far better results asking in the Spanish section of the forum.  Something like this could help "Alguien puede hablarme de las condiciones de vida en El Salvador? Es un buen lugar para ir a vivir y para crear una empresa tecnológica?"