My 9 months & 850 merit

[sheenshane]

850+ merits aren't bad for 9 months because for me it is really hard to achieve, I've been here for almost 4 years but I only got 600+ merits(too slow). Congratulation on those achievements mate, cap wearers are always good( I missed my cap).

You should be thankful to these users who contributed a lot of their merit to your profile. (@Ratimov and @xandry)

[blue Snow]

Congratulation, you need 200 activity to be hero member. this mean 14+ week left, maybe 4th or 18th November 2020.

[The Cryptovator]

Congrats... you are the another example of the successful merit system. You have proved everything possible if you have confidence that you can do. I have remember my merit earn ratio was something like you, my merits always faster than my activity and still same.

When we joined on this forum we didn't know each other. So those people are wondering that you need lobbying in order to earn high merits they are wrong in my opinion. Because you created lobbying by your own contributions. We hadn't joined here with lobbying.

Keep your contributions, try to motivate more newbies that they could do as well. Todays newbies, tomorrow's Legendary.

[Yatsan]

That's really good man! You achievement is indeed well deserve! Lot of people here in forum are taking months or even years to just earn a small amount of merit and actually, I believe that lot of new members here quitting because of the merit requirement for ranking, thinking that it is impossible. But it's just a handwork and enjoying the stay here in forum and the merits will come naturally. Your contribution on your local section is wonderful! Congrats again!!! 

[bct_ail]

That is a really good performance. Congratulation. That means a lot of hard work and good quality in your posts.
I do not know how much merit you have earned in the Russian board only. But with a quick glance on your merit summary I can see you have got Merits in English boards too. Don’t understand me wrong, but without good English skills is quite difficult to get so much merit if you only post in local boards. Keep up the good work.

[zasad@]

Seems like you are a big supporter of DeFi platforms. You also know about the financial and taxation system in Russia so it is clear that most of your merits come from Russian users who are finding it good to invest in stablecoins or use DeFi platforms. Can you explain that why exactly are stablecoins and DeFi gaining popularity in your home country? Can that be attributed to the fact that most normal transactions and finances in Russia may very well be too strictly controlled? The trades happening on these platforms is big-ticket Russians or the common people?

Considering that the forum has been banned there, it is quite evident that this cryptocurrencies is scaring the authorities. Can you elaborate a bit on these issues for non-russian users to get a grasp of what exactly significant is going on there.

In Russia, there are still no laws on cryptocurrency Cryptocurrency is not taxed. Taxes need to be paid only when exchanging cryptocurrency for fiat. You can absolutely legally store cryptocurrency, exchange it for other coins and tokens and not pay taxes.Or pay 4% of taxes on the amount when exchanging for fiat as a self-employed citizen.

 Tax control is being strengthened in all countries. If more than 600,000 rubles ($ 8,100) are received per month in a Russian citizen’s current account or there is a constant flow of money to a current account, then a citizen can be called to the tax authorities to provide clarification and verification.
But if we compare the tax laws of the United States, Europe and Russia, then Russia has the weakest control.

The forum in Russia is not prohibited and cryptocurrency is not prohibited. In Russia, there is a practice of blocking the entire resource, if there is information about the crypto casino.

If someone thinks that "cryptocurrency scares the Russian authorities" - this is a mistake. If you write a list of problems in the Russian Federation, then the cryptocurrency problem will be very far from the beginning of the list We have the best tax legislation. Miners, traders, crypto enthusiasts pay taxes only when exchanging for fiat.

Therefore, I constantly monitor Russian law. I abide by the law of my country.

USDT,USDC it is a digital dollar. It is very comfortable.

[Kunnu]

Always good to see whenever a forum member achieve success and share his/her thoughts for motivation it may definitely helpful for many members especially new members anyways congratulations you're capable enough to achieve further achievements with this momentum.

[pakhitheboss]

Amazing achievement!

I have been in this forum for close to two years now and still struggling to achieve such an accomplishment. Those numbers are really a motivation for people like me.

Thanks for sharing.

[AakZaki]

An outstanding achievement, man. I rarely see your name in some parts of this forum (maybe because I forgot your name), unlike LoyceV, Coolcryptovator, iasenko and others whose threads are everywhere in this forum, this time your thread is seen by me with information that You have achievements in 9 months & 850 merits. I was surprised to find out and I was motivated for it and I think that all of that can be done with good contributions.

[UserU]

In Russia, there are still no laws on cryptocurrency Cryptocurrency is not taxed. Taxes need to be paid only when exchanging cryptocurrency for fiat. You can absolutely legally store cryptocurrency, exchange it for other coins and tokens and not pay taxes.Or pay 2% of taxes on the amount when exchanging for fiat as a self-employed citizen.

So if you're employed (not self), you don't have to pay the taxes?

[zasad@]

In Russia, there are still no laws on cryptocurrency Cryptocurrency is not taxed. Taxes need to be paid only when exchanging cryptocurrency for fiat. You can absolutely legally store cryptocurrency, exchange it for other coins and tokens and not pay taxes.Or pay 2% of taxes on the amount when exchanging for fiat as a self-employed citizen.

So if you're employed (not self), you don't have to pay the taxes?

Sorry, I wrote the wrong one last time. The correct value is 4%.

In Russia, income taxes are 13% for ordinary citizens (mainly). In Russia, there is a program of legalization of incomes of the population, so in the next 10 years, any citizen can register as a self-employed citizen and pay 4% of income. (You just need to download the android application)
https://npd.nalog.ru/app/

The maximum limit is 2,400,000 rubles ($ 32,120) per person per year.

If you violate the law and you are caught on its violation, fines can be from 33% of the amount of income + penalties.

If you do not declare an income of more than 1,500,000 rubles ($ 20,000), you may be prosecuted

[UserU]

Sorry, I wrote the wrong one last time. The correct value is 4%.

In Russia, income taxes are 13% for ordinary citizens (mainly). In Russia, there is a program of legalization of incomes of the population, so in the next 10 years, any citizen can register as a self-employed citizen and pay 4% of income. (You just need to download the android application)
https://npd.nalog.ru/app/

The maximum limit is 2,400,000 rubles ($ 32,120) per person per year.

If you violate the law and you are caught on its violation, fines can be from 33% of the amount of income + penalties.

If you do not declare an income of more than 1,500,000 rubles ($ 20,000), you may be prosecuted

Thanks for clarifying.

So 32K per year is the max for self-employed citizens. For those earning higher, they'd be paying 13% along with the rest?

[zasad@]

Sorry, I wrote the wrong one last time. The correct value is 4%.

In Russia, income taxes are 13% for ordinary citizens (mainly). In Russia, there is a program of legalization of incomes of the population, so in the next 10 years, any citizen can register as a self-employed citizen and pay 4% of income. (You just need to download the android application)
https://npd.nalog.ru/app/

The maximum limit is 2,400,000 rubles ($ 32,120) per person per year.

If you violate the law and you are caught on its violation, fines can be from 33% of the amount of income + penalties.

If you do not declare an income of more than 1,500,000 rubles ($ 20,000), you may be prosecuted

Thanks for clarifying.

So 32K per year is the max for self-employed citizens. For those earning higher, they'd be paying 13% along with the rest?

Once you have exceeded the limit of 2,400,000 rubles, you lose the status of self-employed, and you need to register as an Individual Entrepreneur or LCC and pay higher taxes.

13% is a tax on income that is paid on a citizen’s salary or non-permanent commercial activity (for example, he sold a car with a profit).

If you decide to engage in commercial activities, you must register as a self-employed, individual entrepreneur or register an LLC.

For example: husband and wife are engaged in commercial activities together, both of them can register as self-employed and each of them will have a limit of 2,400,000 rubles per year. (this is a large amount, the average salary in Russia is 42352 rubles ( 566$) (according to Rosstat).

Even if a citizen is employed and receives a salary, he can additionally register as self-employed.

Officials, military, police and other civil servants cannot be self-employed (I hope it is clear why )

[UserU]

Once you have exceeded the limit of 2,400,000 rubles, you lose the status of self-employed, and you need to register as an Individual Entrepreneur or LCC and pay higher taxes.

13% is a tax on income that is paid on a citizen’s salary or non-permanent commercial activity (for example, he sold a car with a profit).

If you decide to engage in commercial activities, you must register as a self-employed, individual entrepreneur or register an LLC.

For example: husband and wife are engaged in commercial activities together, both of them can register as self-employed and each of them will have a limit of 2,400,000 rubles per year. (this is a large amount, the average salary in Russia is 42352 rubles ( 566$) (according to Rosstat).

Even if a citizen is employed and receives a salary, he can additionally register as self-employed.

Ah, interesting. I appreciate your elaboration on how the system works there.

Officials, military, police and other civil servants cannot be self-employed (I hope it is clear why )

Of course, or else otherwise how Putin moves around?

[Mateo Jr]

Wow! This is very cool .. I will take into account your advice and I will try to earn at least half of your amount.

[amishmanish]

In Russia, there are still no laws on cryptocurrency Cryptocurrency is not taxed. Taxes need to be paid only when exchanging cryptocurrency for fiat. You can absolutely legally store cryptocurrency, exchange it for other coins and tokens and not pay taxes.Or pay 4% of taxes on the amount when exchanging for fiat as a self-employed citizen.

So if you are directly earning BTC and not converting it to fiat then you don't have to pay any taxes. Is it possible for people in the bigger cities to buy stuff using BTC and thus save on their taxes?

The forum in Russia is not prohibited and cryptocurrency is not prohibited. In Russia, there is a practice of blocking the entire resource, if there is information about the crypto casino.

I thought you said earlier that the forum gets blocked in search results because of the mention of online casinos.

It's a shame that the forum is now blocked on the territory of the Russian Federation and search engines do not give links to it.
https://reestr.rublacklist.net/search/?q=bitcointalk.org

Well, i guess its just some blocked content and you can usually access it like you are doing now.

If someone thinks that "cryptocurrency scares the Russian authorities" - this is a mistake.

Russia was a communist country right and from what i know, oligarchs still have a big role in all kind of enterprises there. Bitcoin is all about freedom from the state for owning your finances. Decentralization is a basic tenet while the authorities and people who rule the country are all about centralization. I admit that Russia can neither be classified nor understood easily. Yet, as there are lot of Russians in the forum, it'd be great to know from you guys what you think about your country's policies regarding state control, censorship etc.

Personally for me, Russia is like an old white, mystical land of expert craftsmen, machinists and builders who at one time built some of the heaviest, most sophisticated big machines in the world. (Ohh what times.. )In our company, I have worked on old Russian designed steam turbines and they truly were behemoths to look at. Now that i think of it, its striking how little we actually know about Russia as compared to the USA and West in general..

[zasad@]

amishmanish

The Russian ruble is the only permitted currency. All prices must be in rubles. It is forbidden to write prices in dollars, euros or bitcoins. And in practice, it is very difficult to buy goods for bitcoin. You will have to exchange it for rubles.

The procedure for blocking sites in Russia is complicated. If the site is blocked, this does not mean that all information on it is prohibited. I am not an expert on this issue, I can not explain in more detail.

Cryptocurrency is not a threat to the state. Many experts say that we will follow the example of the United States. We will appoint regulators, certify exchanges, conduct KYC procedure.. etc.

Russia is a multinational country with a large territory, huge resources and opportunities for people.

[zasad@]

I also try to be a useful participant in the forum, write useful articles and make translations. It is very difficult to earn this amount of merit.

Many users do something useful if they need merit. I do not see this as a bad intention. Maybe people like my articles because I write about what I like. I write about Bitcoin, ETH, DeFi, finance and taxes. I try to immediately share useful information and not hide anything.

Try to share the information that interests you. In the cryptocurrency sphere, there are a lot of topics: trading, investments, mining.. etc.
Try to spend more time studying and not participating in useless disputes on the forum. Be careful with new projects until you get the hang of it. Better not write about what you are not sure about. Otherwise, you will be accused of promoting scam.

[zasad@]

Good day!
Today I have a small achievement.
The number of my posts is equal to the number of merit.
2109


Maybe I'm lazy and therefore my next post will cost less than 1 merit.

List of my articles here:
https://bitcointalk.org/index.php?topic=5235612.msg54099635

I think that my most interesting projects are:

[Interviews] with Bitcointalk members
https://bitcointalk.org/index.php?topic=5262967

Interview with business representatives Bitcointalk
https://bitcointalk.org/index.php?topic=5312790

The best interviews were recognized by the forum participants

1st place  - gmaxwell (56 votes) Interview
2st place  - CryptopreneurBrainboss (33 votes) Interview
3st place  - fillippone  (12 votes) Interview

My little research
https://bitcointalk.org/index.php?topic=5309387

[Rehan Zakir]

Congratulation mate!.
It is a big achievement to get merits in just a short period of time.
I have joined bitcointalk before 1 year. I am new at this platform. But i am trying to make useful posts. Merits performs an important role in building our profile. The more merit a person has, the bigger his profile. The ranks in the bitcointalk are such as.
1. Brand New
2. Newbie
3. Jr. Member
4. Member
5. Full Member
6. Sr. Member
7. Hero Member
8. Legendary