Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Rosewater Foundation]

I am pretty sure you can game the tax systems by “earning” all your income while offshore or in a tax free jurisdiction  and not staying in any particular Western country for more than 179 days [does not work for US citizens]

So fly to Dubai to cash out your BTC and then go skiing for a couple of months, rinse repeat. 

The problem that I have is specifically with owning property in that kind of situation. I don't want to go from hotel to hotel or Airbnb to Airbnb for the travel part. But if I could just own two houses and have each of them set up as a fully functional base then I would be perfectly happy to just fly over from one to the other every 6 months. Just haven't found anything specific regarding this edge case yet.

I think in Thailand you have to be a citizen to buy...you can lease, which is what most foreigners do. Actually most marry a local and the wife buys the property.

The citizen part was what I was worried about. Seems to be that case everywhere. I know that foreigners can buy property in Japan, but it seems like that is only for commercial purposes (such as renting out). Suppose using family could work though (in case there are no decent countries that allow non-citizens to own property for private use).

About 9 of 10 people, i know, lost everything this way, in Thailand. Don´t do it !
It´s a wonderfull country, but just "rent" there.

My Plan: Retirement Visa, and if they decide to open a Karaoke right opposite (which happened to me, complete with a gun waving Thai, never ran faster in my life), i´ll just move.

I'm not interested in Thailand (already lived there for a while and wouldn't want to retire there). I'd like a house in two different Western countries (or one Western country and Japan) for tax purposes though, just not sure how viable that strategy is.

Tahiti seems nice. I'd have to confirm with Elwar. Are there dancing girls? Dancing girls is the only reason to go anywhere.

[1714212981]

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[1714212981]

1714212981

[pfrtlpfmpf]

You BUY Porn ? You must be hardcore 

It's mostly a tribute for if I really like someone's work.

Yep, it´s work, in fact: "Art".

[realr0ach]

The sad fact (for you) is that some ones and zeros have value.

Information (zeros and ones) only have value to the extent in which it can affect the physical world in which humans inhabit.  If someone offers to give you information on how to build a house, then yes, this has value because it has crossed over into this plane of existence from an imaginary plane of ideas.  A digital movie or game can make people happy or sad and thus interact with this plane of existence and provide value to that extent.  These are all temporary and fleeting phenomenon and not permanent, though.  It is similar to the software piracy argument of:  Is it stealing or not?



As you can see, everything in those imaginary planes of existence humans don't inhabit are based on artificial scarcity.  Items based on artificial scarcity can have temporary value due to providing some type of service, but they are not stores of wealth just like a digital copy of the bible may have had enormous value to humans at some point in time but is essentially free now.

The purpose of money is to store value and be able to transport that value/wealth from point A to B over time.  Nothing based on artificial scarcity (zeros and ones, bitcoins, Windows 3.1 ISOs, etc) accomplishes that task of reliably moving wealth over time, hence they are not stores of value, money, or anything else.  Money requires actual scarcity residing in the plane humans inhabit, not artificial scarcity derived from an imaginary plane of existence that provides only some sort of temporary utility like regulatory arbitrage.  Bitcoin is a temporary fee charging service, not a commodity. Businesses/services come and go.  It requires a blackhole hitting the earth to blackswan metals.

[Rosewater Foundation]

Art.

[Rosewater Foundation]

In all shapes and sizes.

[Icygreen]

[BTCMILLIONAIRE]

**except fire ants (op pls nerf)

[pfrtlpfmpf]

Art.

Oh, i know her, she´s going to take your house, your car, everytzhing, carefull  

[Icygreen]

Snip

**except fire ants (op pls nerf)

If it really does roaches I'm satisfied.

[Rosewater Foundation]

Art.

Oh, i know her, she´s going to take your house, your car, everything, carefull  

This is what houses and cars are for.

[realr0ach]

Oh, i know her, she´s going to take your house, your car, everything, carefull  

This is what houses and cars are for.

The Sewerwater Foundation of cuckoldry has spoken.

[Rosewater Foundation]

Oh, i know her, she´s going to take your house, your car, everything, carefull  

This is what houses and cars are for.

The Sewerwater Foundation of cuckoldry has spoken.

[pfrtlpfmpf]

Art.

Oh, i know her, she´s going to take your house, your car, everything, carefull  

This is what houses and cars are for.

At least, i get to drive them for a while  

[TERA2]

Art.

Oh, i know her, she´s going to take your house, your car, everything, carefull  

This is what houses and cars are for.

At least i get to drive them for a while 

If you're driving your house no wonder that happened.

[Rosewater Foundation]

Never let anybody drive away with your house. Rules to live by.

[BTCMILLIONAIRE]

**except fire ants (op pls nerf)

Fire Ants are the worst fucking things to come across (besides black widows, tarantulas, or brown recluses) when gardening or working on your lawn, HOLY SHIT I'll tell you hwat.

I make those fuckers pay by making it snow with ant killer powder, and the mounds are usually completely dead and dried out within a couple days.

Feel like Chemical Ali or some shit when I go into my pest-killing rage-state. Rick finds it endlessly amusing how I get a vicious mean-streak when it comes to dealing with stuff like that.

I once got the bright idea to pour a pot of hot boiling water on an ant mound. Fucked their shit up reel gud, but also killed the grass Oops. So yeah, chemical shit from now on I guess.

Oh yeah. One of my buddies in Austin is doing major renovations on their house, and the uncovered a huge tarantula colony living under their house.

Good times.

Burn that fucking house, it's no longer habitable.

[Icygreen]

I am pretty sure you can game the tax systems by “earning” all your income while offshore or in a tax free jurisdiction  and not staying in any particular Western country for more than 179 days [does not work for US citizens]

So fly to Dubai to cash out your BTC and then go skiing for a couple of months, rinse repeat. 

The problem that I have is specifically with owning property in that kind of situation. I don't want to go from hotel to hotel or Airbnb to Airbnb for the travel part. But if I could just own two houses and have each of them set up as a fully functional base then I would be perfectly happy to just fly over from one to the other every 6 months. Just haven't found anything specific regarding this edge case yet.

Yup, 6 months here 6 there is pretty ideal. I've been doing perpetual summer for the better part of 20 years and its worked out very well.
Depending on the country, ownership of land or house can get tricky, especially in SE Asia it has a particular set of headaches. I prefer to rent/lease long term in Asia which also gives me the option to pick up and go much easier if needed and own in the countries which I have citizenship.   

[Rosewater Foundation]

I am pretty sure you can game the tax systems by “earning” all your income while offshore or in a tax free jurisdiction  and not staying in any particular Western country for more than 179 days [does not work for US citizens]

So fly to Dubai to cash out your BTC and then go skiing for a couple of months, rinse repeat.  

The problem that I have is specifically with owning property in that kind of situation. I don't want to go from hotel to hotel or Airbnb to Airbnb for the travel part. But if I could just own two houses and have each of them set up as a fully functional base then I would be perfectly happy to just fly over from one to the other every 6 months. Just haven't found anything specific regarding this edge case yet.

Yup, 6 months here 6 there is pretty ideal. I've been doing perpetual summer for the better part of 20 years and its worked out very well.
Depending on the country, ownership of land or house can get tricky, especially in SE Asia it has a particular set of headaches. I prefer to rent/lease long term in Asia which also gives me the option to pick up and go much easier if needed and own in the countries which I have citizenship.    

Just looked out the window.
I envy your lifestyle.

[Rosewater Foundation]

Of course r0ach is on to me now. I always feared this day would come.

[mudbone]

Of course r0ach is on to me now. I always feared this day would come.

You're not really qualified to be here. Are you?