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1  Other / Politics & Society / Re: If Putin leaves power is that the end for our friend Edward Snowden? on: October 05, 2022, 11:57:38 PM
snowden might be deported if putin steps down and russian legislation changes the rules regarding migration.. it's possible that the countries you mentioned above are snowden's destinations.. but i think as long as russia is still having problems with america it's unlikely that snowden will be deported
Edward Snowden's alleged crime could attract life imprisonment or a death sentence. His fate if Putin leaves power would be determined by the government or person that took over power from Putin. If the new government becomes friendly with the US then there is every possibility that he might be extradited to the US where he would face the charges levied against him.

The only countries that Edward Snowden would move to are those that are too friendly with the United States. It was alleged that he applied for political asylum in twenty-one different countries, hence he is well grounded in seeking refuge. Prime Minister Viktor Orbán might give him the opportunity to stay in Hungary or he might even consider going to North Korea if he has limited or no other options.   

Hopefully the Russians are never friendly with the USA. I dont suspect they ever will be with the US probably forever having a very hostile and aggressive foreign policy. So long as the CIA is not able to somehow do a coupe and not only overthrow Putin, but every other anti US/NATO member of the Russian government. If anything, there are more hardliners even more aggressive than Putin who probably wouldn't mind taking his place.

I wonder what Snowden will do now that he is a Russian citizen and can be called to join the military? Having him work in Russian cyber security might help Russia combat some of the issues they've been facing.
2  Other / Politics & Society / If Putin leaves power is that the end for our friend Edward Snowden? on: September 14, 2022, 11:32:50 PM
If the US and Russia get on better relations, will the new Russian government hand over people activists like Edward Snowden?
He chose Russia because Russia and the US are not friendly now, so, he knew the treacherous US government would not be able to get him to give him a kangaroo court. 


2nd question. Where do you think Snowden might try to go if the Russians ever change their mind about keeping him there but don't actively hand him over?

What other countries might not hand him over? China? Iran? maybe Serbia?
3  Other / Politics & Society / Re: Is Corruption ok on: September 14, 2022, 11:28:43 PM
Depends if its top down or bottom up. Top down means high up gov officials being corrupt. That is not okay because they are supposed to serve the people.

Bottom up is okay because its the people just trying to get by. Like for example, if you can, dont ever pay crypto capital gain taxes on trades. because its unfair that other countries dont tax trades but just when you cash out but in the USA they tax every little gain but you get nothing if you lose everything on a trade.
If you can be currupt and not pay taxes as an individual then you are doing good. you just have to anonymize yourself first. dont be dumb and do it when they can see you. it's harder for us the people to do it because we have consequences. but officials dont worry about much. they only get in trouble when there is too much light on them and the people rise up in anger and the government has to do something about it.


basically tldr it is only okay when honest people do it to get by or make it un an unfair world. people say its bad but why? why should the people sit and do nothing while they watch these psychopaths get rich and richer?


4  Bitcoin / Legal / Re: You moved to another nation/give up your citizenship, can the IRS still get you? on: August 16, 2022, 06:47:32 PM
To give more info.

My friends situation is that they have no idea how much money they owe, the IRS does not know about this money because it's simply potential taxes owed during anonymous crypto trades, maybe. As far as the gov is concerned, they owe nothing because they aren't aware that anything even exists.

However, if in the future, crypto makes lots of holders now millionaires, in order to cash out, tons of money would be owed, that's not the problem. The problem lies in when the gov says "how did you get all of this" and it's stated that it was bought during the bear market (like this current one, and this is a hypothetical for the future) BUT you can't prove what you bought from it, and you might have owed money from like kind crypto trades.

So... because of that, and the fact the IRS is out to get innocent people just trying to make it out of poverty. The only solution is to revoke citizenship and move to another nation if crypto ever makes one a millionaire because they wont just accept you paying them taxes they ask for and move on. they'll try to make it like you're a criminal and you have to risk going to prison if you lose a legal battle at worse, or, pay crap tons of fees at best.

5  Bitcoin / Legal / Re: You moved to another nation/give up your citizenship, can the IRS still get you? on: August 16, 2022, 06:05:23 PM
The US tax system is pretty unique and if you want to avoid paying any taxes in the US after you ‘leave’ you will have to pay an ‘exit tax’ to the IRS.

If you are a citizen of the US, but living/working abroad your income will still be subject to US Income tax laws.
The only way around this is to renounce US citizenship and pay ‘ an exit tax’ !!

https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-about-international-individual-tax-matters

I'm assuming an exit tax is only applicable in the event you actually have money in a bank or some sort of financial institution.
6  Bitcoin / Legal / You moved to another nation/give up your citizenship, can the IRS still get you? on: August 13, 2022, 04:52:30 AM
So, apparently from my understanding, is if you want to avoid paying taxes, the only option is to move to another nation. And, you have to give up your citizenship to the USA, because as a citizen, the gov would still expect you to pay even if you live in another nation and are a citizen there. If you still have US citizenship, they will want you to pay.  

So, with that being said, if they think you should have paid something, would they try coming after you if you're in another nation and are no longer a citizen?

I really suppose it depends on which nation.

Like Germany or the UK vs Belarus or Russia.

I'm sure Russia, maybe Belarus would tell the USA to "kindly fuck off" if the USA was like "hey, can you kindly ask one of your new citizens to give us money please or hand them over so we can lock them in prison please thanks? Smiley"

But would Germany or the UK or any of the US allies? If the US said they have suspicion that one of their new citizens, might owe taxes on crypto currency.


Keeping in mind, you are now paying the new countries asked taxes for whatever they say they want and are not violating any of their laws.

I might be overthinking this but I'm asking for a friend. This friend which is definitely not me, doesn't even know if they "owe" anything or not but doesn't think they do since they had a ton of losses and didn't make much of anything.... and it's impossible for them to really find that out as they didn't keep records of every little petty trade they made. And the IRS being unforgiving, even if you owe 5 cents, will then charge interest every day for these small cents you owe, and then try to arrest you or at very least take all your stuff over a few dollars of taxes that is clearly an unintentional error.

So the person doesn't know, the IRS might not ever know, but if they did ask. I'm just wondering the likelihood of a nation handing over a new citizen to a nation of which they are no longer a citizen of?
7  Other / Off-topic / If you had to move from your nation to another nation, which would you choose? on: August 13, 2022, 04:38:51 AM
Let's say you became very wealthy because the bitcoin/crypto you held went to the moon. You are now a millionaire. But, you have to move to another nation. Which would you move to and why?

I'm especially interested to hear from those living in the USA.

8  Bitcoin / Bitcoin Discussion / Mixers that mix bitcoin without letting it be obvious that it came from a mixer? on: August 13, 2022, 04:10:36 AM
Are there any?

What's the point of a mixer if you don't get a fresh entirely new bitcoin address with no connections to any other bitcoin that could be "tainted"

Speaking of tainted bitcoins. Some people said tainted bitcoins aren't a thing. Well tornado cash crackdowns seem to suggest otherwise.
9  Economy / Service Discussion / Re: Crypto Mixer developers are arrested in Netherlands on: August 13, 2022, 04:08:32 AM

The guys running Tonado.cash who supposedly provides anonymity for his clients is pretty much exposed and is now in custody. On the other news, it says Suspected developer of crypto mixer Tornado Cash/ Alleged Tornado Cash developer arrested in Amsterdam. So he isn't confirmed whether it's him or not. It'd be scarier if they are also going after the users of Tornado Cash.

in fact they ARE going after users too from what I hear.

This is entirely unconstitutional and it's because we're not doing enough to make our voices heard in discontent that they're getting away with this. It's insanity. The USA is becoming the most evil totalitarian dystopia on the planet.

At least the DPRK was always consistent with its totalitarianism.
10  Bitcoin / Bitcoin Discussion / How many ancient anonymous whales are there? on: August 13, 2022, 04:05:46 AM
Like people who explicitly bought or mined bitcoin with literally zero KYC back in the day when it was easy to do that. And are now moving the markets buying and selling. Is that still a thing or not?

Or have pretty much all of the ancient whales touched an exchange or cashed out?
11  Bitcoin / Bitcoin Discussion / Re: How many anonymous whales are there? on: August 13, 2022, 04:00:12 AM
Even though they buy with KYC only the exchange knows who/whale bought/owns the BTC, it's very likely that the exchange won't open this data and is quite doubtful that whales will buy it through the exchange because they could buy through other methods.
Addresses detected as having a lot of BTC are mostly exchange addresses, so it is very difficult or impossible to reveal how many whales have BTC or how much they have because their decision to own btc is anonymity.

Unless they then mix those coins, or use XMR to anonymize them, the government would still know where that money is going correct?
12  Bitcoin / Bitcoin Discussion / Re: How many anonymous whales are there? on: August 13, 2022, 03:58:35 AM
Most whales are anonymous, only attention seeking morons announce publicly how many bitcoin they have. I know people like Saylor are ‘out’ so to speak but I’m not talking about them. Any whale is not a public figure will remain anonymous. There are too many security risks with publicly announcing how filthy rich you are.

Smart people say gery little when it’s not required.

And keeping in mind when I say anonymous. I dont mean only to the public, rather, also to the government.
13  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin so volatile?  on: August 12, 2022, 08:23:09 PM
What are your opinions about it? I read this article recently about https://moneyinvestors.net/cryptocurrencies/why-is-bitcoin-so-volatile-4-fundamental-reasons/ do you agree with these 4 fundamental reasons?


Know this, bitcoin is becoming less and less volatile as time goes on.
Options trading is unlimited. And there are a lot of big whales who can move the small developing market that is crypto currency.
14  Bitcoin / Bitcoin Discussion / How many anonymous whales are there? on: August 12, 2022, 08:20:50 PM
Like people who own tons of Bitcoin or crypto but bought them without KYC? Either before KYC was a thing, or bought them through methods that did not involve KYC?




And how many people do you think hold a lot of wealth, who did buy with KYC, but anonymized them for privacy. Not for committing crime, but just mixed or XMR converted their btc and back to get anonymous bitcoin and are whales. Moving markets but no one, not even the US government, knows who they are?
15  Bitcoin / Bitcoin Discussion / Re: What percentage of people in the USA do you think haven't paid taxes on trades? on: August 12, 2022, 08:08:46 PM
Isn't it insane that only in the USA, they tax trades and then expect YOU to figure out how much you "owe"??
Imagine going to the grocery store and the cashier scans all your items, her computer tells her how much you owe, but she wont tell you, and instead, expects you to calculate everything and if you're wrong, you go to jail.

It's quite the other way around, you go with a bag full of products, you tell the cashier that is worth 100$ you pay and you go on your way. If the guards stop you and you have 1000$ worth of merchandise they call the police.

Isn't it insane that only in the USA, they tax trades and then expect YOU to figure out how much you "owe"??

No, the US is not the only one that taxes this, and in every country in Europe that I know of you have to come with the amount you owe first.



So it's like basically the guard adds up what you owe instead of the cashier. It's like they place it like that literally in order to trip people up. It's like deliberately knowing most people aren't going to know, so lets lay a trap for them.

From my understanding in countries in Europe, they send a tax bill for things they know about, but they might not know about everything, so that's when they expect you to inform them. And realizing keeping track of every trade is nearly impossible if you're doing thousands of trades in a year, it's much more fair and they just say okay to keep it simple, how about you just pay taxes on a capital gain that you make when you cash out?  That makes it so simple a young school kid could figure that out. The US has it in such a way that you can end up owing more money than you currently have.

You did some trades in 2021 and made a technical on paper "profit" so lets say you started with 1000 dollars, traded up to 5000 dollars worth of "profit" in 2021. Then next year comes and alt coins dumped now you have less than 10 dollars worth because you did NOT cash out, however.... the blood thirsty (metaphorically equivalent to vampires who prey on little children) known as the IRS... demands you pay nearly 2000 dollars because you made some trades in 2021. But you have much less money than you started with. Citing short term cap gain give us 40% of 4000 dollars.

This is insanity. It's easy for most people to not even think they would owe taxes since they have a huge loss. But there is a reason the IRS is buying guns. I guess they need them to come after people who don't have the money to give them.

16  Bitcoin / Bitcoin Discussion / Re: What percentage of people in the USA do you think haven't paid taxes on trades? on: August 12, 2022, 07:50:20 PM
IRS is a weird one like that. They make you pay the taxes so that you would pay the right price and not tell you how much you owe, and if you pay the wrong amount then they will collect it with some interest. Meaning, they already knew how much you should have paid, if they didn't know at all then you could have paid 100 bucks instead of 1k dollars and they wouldn't know and you would get away with it.

But since they know, they can charge you with wrong amount, but if they knew, then why didn't they gave you the chance to actually learn what amount it is and then pay it? Why make people pay the amount they think they owe, instead of letting them take a guess?
How about you read more on the tax laws instead of saying they are weird? They know how to compute the correct capital gains taxes because there is a guide to follow and that guide is public for everyone to see. I bet professionals in the field of taxation knows the rules as well so you may tap on their skills if you find taxation too confusing.

They are weird. Think about it. If they know how much you owe, why not just hand you a bill with that amount? Also they realize most people get confused BECAUSE of the weird laws. Since in most countries you dont get taxed for every little trade, where as in the US you do. Of course tons of people aren't going to know what they owe. And afaik tax professionals cost a lot of money. Lets say you technically owe a few hundred or maybe even a thousand dollars on trades in a year. A tax professional is going to cost you nearly a thousand dollars (last I checked) to sift through the tens of thousands of little micro trades you've done. Unless you have an automatic software (not possible from just wallet trade functions) then you're going to have to manually calculate all that. Which could take a long time, maybe days or weeks in some cases and better not fuck up. So you're paying the tax professional more than what you owe in taxes.

I think many people, wouldn't mind paying taxes if they just TOLD you what you owed. It's like they know, but hope you are going to trip up and accidentally calculate incorrectly.


Hell, if the IRS wanted to tax trades, I could see if it's like a really large amount and you're trading for a stable coin to just hold, and you made so much that you would owe a few thousand dollars or more in taxes. But trades in which you literally would only owe a few cents? really? This is absolute insanity you have to calculate all of this if its thousands of trades. I think this is why most nations use fair common sense and just say okay, whatever you cash out, pay the gain you made on that. Be it 15% 30% or even at 50% it's more fair than wanting you to keep track of every single trade from one crypto to another.

Especially when you're literally only doing a trade to move from one wallet to another.


THEN on top of the fact that you could end up losing out.

So having a case in which lets say you traded in 2021, you technically owe money, then 2022 happens and you lose 80 to 90% of your wealth. Now you own more money than you even have! This is the most unfair unjust system in existence. Give us your blood and cut your right arm off to feed us is basically the IRS. Whoever creates these laws are either evil or really uneducated about crypto to the point of being extremely stupid to make laws on things they don't understand.
17  Bitcoin / Bitcoin Discussion / Re: What percentage of people in the USA do you think haven't paid taxes on trades? on: August 12, 2022, 07:40:44 PM
I don't think there are lots of people there who will gonna evade their taxes because they can be tracked and will face the consequences unless they know how to hide it from the government using their tricks. But normal people, will abide by the laws and don't commit something like that. especially when it comes to bitcoins where all eyes are on you if they find out you were hiding some huge amount of it and you are lucky if they don't get it forcefully from you.

I believe most people who aren't paying taxes on crypto are not paying simply because they do not know they need to. Not that they're trying to evade.
18  Bitcoin / Legal / Re: Lost, Stolen or Hacked Crypto - Tax Implications on: August 12, 2022, 07:31:01 PM
Very interesting discussion

Indeed.

The problem lawmakers face is that it is very easy for someone to say they have lost their Bitcoin private keys , for example, and there is no way to check whether they are telling the truth or lying and have them stored in a safe a few feet underground.

If the legislation allows the simple claim that you have lost them to be counted as a capital loss, it gives a lot of scope for the declarants to cheat. On the other hand, if it is too restrictive, it can be unfair to those who have really lost the keys and have no way of proving it other than their word.



This is why the US should simply do what most other nations have done and only charge taxes for capital gains when you actually cash out. Then there is no incentive for liars to lie. And it doesnt unfairly punish those people who are just swapping coins to move them to different wallets. 
19  Bitcoin / Bitcoin Discussion / What percentage of people in the USA do you think haven't paid taxes on trades? on: August 09, 2022, 03:40:26 AM
To be clear, we're talking trades or swaps from one crypto to another not just cashing out.

I had no idea taxes on crypto trades were even a thing. Hell, had no idea anything about taxes were when I first started dipping my toes in bitcoin. Then when I heard you have to pay taxes on cap gains I thought it was just for cashing out. I have a feeling more than half of millennials and gen Z like me also had/have no idea. Like 60% or more for millennials. I guess about 45 to 60% for everyone. Leaning more towards 50 to 55% as a more accurate guess. Only one of the dozen friends of mine who knows about this knew there were taxes on trades, and I'm not even sure he knew so much as just guessing to pick a different answer than the rest. Only like 4 of my friends knew taxes of some sort, namely, selling bitcoin would result in a taxable event.


Do you think this article is accurate or do you think it's more or less from the time this article was published?

https://finance.yahoo.com/news/40-crypto-investors-don-t-153230225.html?guccounter=1&guce_referrer=aHR0cHM6Ly9kdWNrZHVja2dvLmNvbS8&guce_referrer_sig=AQAAACTUn5OkJSyGccBl_t5YTX9BKJWJupqXk5BTRWm99ikZBjROQgLVoxb8Oe1MkXuAn6hhrIlOYbbEbymVnoezNgm6JvJRwCICtKa6XYbvo-Ft0B_0cl-Ii4fRmLpTQWrQ1o7ncBWwsomTr04VAMmf08eEiH3pt_CNRt4r7OMc37Cd

Isn't it insane that only in the USA, they tax trades and then expect YOU to figure out how much you "owe"??
Imagine going to the grocery store and the cashier scans all your items, her computer tells her how much you owe, but she wont tell you, and instead, expects you to calculate everything and if you're wrong, you go to jail. This is essentially the tax system in the USA and they don't teach any of this in schools. You're just supposed to be psychic and/or be born with this knowledge.
20  Bitcoin / Bitcoin Discussion / Re: Countries have banned Bitcoin; Do you believe is because of criminal activities on: August 09, 2022, 03:27:21 AM
It's literally never that reason. It's always about control and money. I'd respect these governments if they were at least honest about the reason. "Hey, we just dont want the common man becoming financially independent because we have less control over them that way and it upsets the ruling class. Nothing personal"

Instead of this bullshit about OUR safety...
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