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Author Topic: Where to go with all my BTC profits?  (Read 394 times)
dibahn (OP)
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June 21, 2020, 09:43:08 PM
 #1

Hi guys, i wonder i some of you know about some debit cards that i can load and use without my government know abou the account?

Recently i made a lot of profits with AdRoi.me, the profits are increasing and now i am at the point that i could even live from that but if i send it to my bank, the tax hammer will hit me, i know there are a lot of things i can pay with bitcoin directly, but i can not pay my food with it.

What about crypto.com, are the silent about their clients?
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June 21, 2020, 11:03:46 PM
 #2

Hi guys, i wonder i some of you know about some debit cards that i can load and use without my government know abou the account?

Recently i made a lot of profits with AdRoi.me, the profits are increasing and now i am at the point that i could even live from that but if i send it to my bank, the tax hammer will hit me, i know there are a lot of things i can pay with bitcoin directly, but i can not pay my food with it.

What about crypto.com, are the silent about their clients?

Please correct the error on the red colour highlighted
Quote
What about crypto.com, are the silent about their clients?
I believe you are to say If they are silent about their clients.

I will in turn want to know what kind of silent are you talking about?

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June 21, 2020, 11:39:44 PM
Merited by philipma1957 (8)
 #3

Something tells me you are not trying to indirectly shill AdRoi.me which is less than a month old. How did you even find about the website?  Roll Eyes
They barely have any results coming up about them in google.
Quote
Domain:adroi.me
Registrar:TLD Registrar Solutions Ltd.
Registered On:2020-05-20
Expires On:2021-05-20
Updated On:2020-05-30

Lets say your question was genuine.
You can try using P2P exchanges like localbitcoins.com if you don't mind about KYC verification or Localcryptos.com for direct crypto to fiat exchange (this means you will have to meet the crypto buyer in person to recieve fiat for the crypto you are selling)

Other alternatives to localbitcoins are here - https://bitcointalk.org/index.php?topic=5224711.0

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dibahn (OP)
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June 22, 2020, 12:05:10 AM
 #4

thank you

The problem is, either pay taxes but then they would look too deep in all earnings, or getting a solution that is secret.

https://localbitcoins.com/ i still need bank or paypal for that, but thank you, it is still good to know that site.

the best solution would be a debit card that is working with a bank (or other institution) that is NOT presenting the data to the tax departments.
Banks i guess, even if in a different country are forced to send data of all clients to the tax departments of the resident country of the account owner.

Thats why i asked for crypto.com or similar that may have a card that is connected to russia. Russia, as far as i know did not signed in to present the data to the resident country. Cards that are connected to russian banks must be the solution.
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June 22, 2020, 11:27:58 AM
 #5

Cards that are connected to russian banks must be the solution.

Have you checked Advcash? If memory serves me right, they're based on Russia They're based on Gibraltar apparently, but worth checking. I don't know how they handle customer data but assume anything can be exposed to authorities if you're dealing with fiat. There are some anonymous debit card service on the announcements board but the chance of being scammed is really high.

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June 22, 2020, 04:11:18 PM
Merited by Slow death (2)
 #6

If you are getting this much profits on which you can live your life then why don't you just honestly put the money in Bank and pay the taxes. I mean you still be earning big bucks every other day. Lolz. So what do you have to loose beside some chunk which will help your nation grow. (!)

I guess you just lurking around to advertise that website and nothing much. Anyone who is earning so much money would never go public and ask for help by asking where to spend and keep the money to avoid taxes. That's funny.
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June 22, 2020, 06:23:35 PM
 #7

I think it's better if you sell profits from your Bitcoin to save and buy some real property, because you know for yourself that the Bitcoin market is very volatile, be thankful if you get whatever it is and don't regret it.

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June 22, 2020, 07:36:04 PM
 #8

There is two parts to this topic and I would like to tackle both of them. One of them is the fact that the account is definitely shilling that fake looking website, even an idiot who looks at wordpress for half an hour could build that website and it is only a month old (not even) so it is obvious that this topic is a scam attempt to get people to check that website and see how this dude could "live with that alone".

Obviously there is a second part where you can use debit cards without government knowing, almost all websites that offers you bitcoin debit cards where you can spend your bitcoin anywhere you want, will ask for KYC as well just in case, which means governments will know about it, they will be notified about it, to make sure you are not a fugitive or something that uses it and a regular person.

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June 22, 2020, 10:53:34 PM
 #9

It is really attractive to see you become profitable in this. But I don't know what makes you so worried about getting caught by the government and those taxes? Maybe I'm wrong but having debit cards will simply ask your identity as well and that may you call tax hammer will also be notified with it. Well, that could be a riskier thing to do if you directly sell your bitcoin to someone which I supposed not to do it rather than to pay tax.



Something tells me you are not trying to indirectly shill AdRoi.me which is less than a month old. How did you even find about the website?  Roll Eyes
They barely have any results coming up about them in google.

That most likely OP didn't want to redirect to that particular website and I hope OP won't try to make us fool. But I saw OP has the intention of promoting this new website.

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June 22, 2020, 11:42:07 PM
 #10

There is two parts to this topic and I would like to tackle both of them. One of them is the fact that the account is definitely shilling that fake looking website, even an idiot who looks at wordpress for half an hour could build that website and it is only a month old (not even) so it is obvious that this topic is a scam attempt to get people to check that website and see how this dude could "live with that alone".

Obviously there is a second part where you can use debit cards without government knowing, almost all websites that offers you bitcoin debit cards where you can spend your bitcoin anywhere you want, will ask for KYC as well just in case, which means governments will know about it, they will be notified about it, to make sure you are not a fugitive or something that uses it and a regular person.

I think the first part is the reason why he created this thread. Trying to be discreet but we already know this kind of tactic. A newbie and reaping a lot of money by this unknown project? I don't think somebody will buy his cheap strategy. If he had all these BTC, he should know by now how to take care of it and be out of the prying eyes from the authorities.
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June 23, 2020, 05:41:43 AM
 #11

Better save and build new project with your bitcoin investment or trade profit, I think our position is not always on the top and we can't guarantee with profit forever in trading or bitcoin investing, you have open new job and try to get many chance with your bitcoin to open new real project like make food or drink company.
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June 23, 2020, 06:13:24 AM
 #12

I know that KYC is necesarry but in some countries the banks will need to present it to the government.
as far as i know only banks in Russia and Philipines are free from reporting to the home country.

Of course i will tax some of the money, but most of the money spend by debit card will prevent  more taxes.

adroi so far brings lots of money, i can do a normal live with 1000$ a week, what i easy can take out there soon, in one year it could grow to 5k a week easy and at that point i don´t want to pay taxes anymore, but maybe i need to leave my country and move to dubai or similar.
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June 23, 2020, 06:41:49 AM
 #13

I know that KYC is necesarry but in some countries the banks will need to present it to the government.
as far as i know only banks in Russia and Philipines are free from reporting to the home country.

Of course i will tax some of the money, but most of the money spend by debit card will prevent  more taxes.

adroi so far brings lots of money, i can do a normal live with 1000$ a week, what i easy can take out there soon, in one year it could grow to 5k a week easy and at that point i don´t want to pay taxes anymore, but maybe i need to leave my country and move to dubai or similar.

LOL! Dude, paying taxes is not about money, it's about your duty with your country! I know that many people will try to reduce their taxes paid as much as possible to keep their money in their pockets. However, paying taxes help your country to grow, your people will have more benefits and advantages in their daily life. I don't know how about you guys, but I don't hesitate when paying taxes. Why would we have to run away from our country just because we don't want to pay taxes? It's hilarious!

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June 23, 2020, 08:47:09 AM
 #14

there is no country where the taxes spend like i want it or at least responsible handling would be ok, but it is not the case so i don´t see a reason always if i earn more then 3k a week to pay 55% tax. i rather be under
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June 23, 2020, 12:18:17 PM
 #15

I know that KYC is necesarry but in some countries the banks will need to present it to the government.
as far as i know only banks in Russia and Philipines are free from reporting to the home country.

Of course i will tax some of the money, but most of the money spend by debit card will prevent  more taxes.

adroi so far brings lots of money, i can do a normal live with 1000$ a week, what i easy can take out there soon, in one year it could grow to 5k a week easy and at that point i don´t want to pay taxes anymore, but maybe i need to leave my country and move to dubai or similar.


I think you can pay the tax if you don't mind to do that because that will prevent you from the government investigating. You can withdraw some money and don't withdraw all of the money in a one-time withdraw because that can make your government suspicious. It is better to play the safe of the withdraw, and we can do that repeatedly every week.

I don't know if the debit card can prevent you from paying more taxes, but perhaps, you can find the local sellers who can help you cash out your money. But still, if you withdraw in one large amount, that will make the alarm sound, and your government will check your bank account.

there is no country where the taxes spend like i want it or at least responsible handling would be ok, but it is not the case so i don´t see a reason always if i earn more then 3k a week to pay 55% tax. i rather be under

I guess you can withdraw for a small amount of money, so you don't have to pay bigger taxes Wink

That is what we did when we want to avoid the big tax. But it doesn't matter if our profit will still bigger than the taxes itself Grin
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June 23, 2020, 02:07:43 PM
 #16

adroi so far brings lots of money, i can do a normal live with 1000$ a week, what i easy can take out there soon, in one year it could grow to 5k a week easy and at that point i don´t want to pay taxes anymore, but maybe i need to leave my country and move to dubai or similar.

It is very strange what you are saying. Adroi.me is only 30 days old (at least the site is only 30 days old) and you are saying that in the short time you have entered the site you can earn 1000$ per week? and you are already estimating that in 1 year from now you will earn $ 5000 per week, but do you think this site is reliable? how did you find this site? if we look more closely at the things the site says like:

Quote from: https://adroi.me/
We have already enough clients for over 40m USD, our waiting list was over 1 year long after 6 month of offline operation and the list is still growing very fast due to our predictable results.

and then we have this:


ARE YOU ONLY ACCEPTING BITCOIN FOR PAYMENTS?

Yes, our setup is build on bitcoin, if we would accept other payment methods, we would have to change it ourself into bitcoin after that, this process would take too much time and we would loose valuable days to create profits. We can’t take credit card payments because it takes too long for us to get the funds cleared.

And this:


Are you an registered investment company?

We are in the process of building an investment opportunity with our bank as a cooperation, this would be our first step in our timeline to become a regulated investment company. We would not be allowed to talk about profits that we can not guarantee. Currently we are building a track record of our activities and scale up to be able to step into the next level. Our Hong Kong company is still in the setup process including a financial market license. However until the setup is ready, we are operating legally as a „private investor community“ what allows us to stay online.

How is it possible for them to have many customers who even according to them got 40 million dollars, but they don't have:

1 - They have no physical office (but on the website they say they are in Luxembourg and Hong Kong)

2 - They only accept payments in bitcoin (note that they spoke offline customers and 40 million dollars)

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June 23, 2020, 02:13:32 PM
 #17

Hi guys, i wonder i some of you know about some debit cards that i can load and use without my government know abou the account?

Recently i made a lot of profits with AdRoi.me, the profits are increasing and now i am at the point that i could even live from that but if i send it to my bank, the tax hammer will hit me, i know there are a lot of things i can pay with bitcoin directly, but i can not pay my food with it.

What about crypto.com, are the silent about their clients?
Actually you can save yourself from taxes by exchanging your bitcoins in person to a buyer and by this you will bypass the exchanges and their fees also. The only problem in this is building trust, at first none of you will trust each other but after a few trades, trust will build up and then you can relax without paying any taxes on your earnings, but I wouldn't advise you so, you should always pay your taxes just like a responsible citizen would do as taxes make country grow stronger.

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June 23, 2020, 02:32:14 PM
 #18

P2p is the best option for you find a persons that will be interested to buy your bitcoin and trade it with face to face and accept only cash for payment so you don't need to use your bank account.

If you really earn a large money weekly you are able to pay the tax they are asking .so why bother having to pay it if this will help you to have all your money instead of hiding it.

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June 23, 2020, 03:24:37 PM
 #19

Hi guys, i wonder i some of you know about some debit cards that i can load and use without my government know abou the account?

Recently i made a lot of profits with AdRoi.me, the profits are increasing and now i am at the point that i could even live from that but if i send it to my bank, the tax hammer will hit me, i know there are a lot of things i can pay with bitcoin directly, but i can not pay my food with it.

What about crypto.com, are the silent about their clients?
Is the purpose of this topic to promote scam website?  ALERT

Where do you live? Getting bitcoin payment doesn't directly mean that your country will tax you, it depends on laws too. For example, there are some countries that don't tax money that comes from foreign countries. Is your country in this list? If yes, then feel free. Also check whether there are any crypto currency exchanges operating in your country, you can check list here: https://bitcoin.org/en/exchanges (keep in mind that this list isn't full).
You can use services similar of XAPO if available in your country and use their debit card (you can withdraw up to 5K a day if I remember correctly with low fixed fee). There are also

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June 23, 2020, 03:34:38 PM
 #20

If you are getting this much profits on which you can live your life then why don't you just honestly put the money in Bank and pay the taxes. I mean you still be earning big bucks every other day. Lolz. So what do you have to loose beside some chunk which will help your nation grow. (!)

I guess you just lurking around to advertise that website and nothing much. Anyone who is earning so much money would never go public and ask for help by asking where to spend and keep the money to avoid taxes. That's funny.
You have given a safe advice for a good citizen. Is better to know how to pay your tax than avoiding the payment, you may not be able to get through with it with some countries. This is a better time to plan the tax payment for crypto, there are some app in the public domain that can help in calculation. Nonpayment of tax wreck some crypto fellows through the bear market, they had to sell some of their belongings to pay and stay out of prison.
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June 23, 2020, 04:11:47 PM
 #21

Crypto.com is a legit credit card issuer, I doubt they are not regulated and that they do not have to comply with KYC/AML process.

If you withdraw your BTC to an address from an address that is connected with your name - AdRoi.me? then it is almost impossible to avoid future problems if you don't pay taxes. Tracking blockchain services are now more sophisticated than we can even imagine.  Smiley

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June 23, 2020, 07:59:17 PM
 #22

None of the companies will hide any user's information if a secret agency like CIA or someone else with higher authorities involved - asks for the data - then be it crypto.com or even blockchain.com because the Government has the power to ask for these data in order to know about some of their countrymen trying to cheat them over taxes (believe or not, hiding your money not to pay your taxes is cheating only). If you've made enough profits, just do your rally or ask your CA in order to get your tax amount reduced enormously and he might help you out.

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June 23, 2020, 08:02:58 PM
 #23

Crypto.com is a legit credit card issuer, I doubt they are not regulated and that they do not have to comply with KYC/AML process.

For it to be possible for them to deliver cards, it is necessary that each customer provide their address (the customer is obliged to provide the country where he lives, the number of the house where he lives and the neighborhood where he lives and the postal code of where he lives) only with these data Is that the card reaches each person and from what I saw on the website they ask people to do KYC. The problem here Is what I wrote, how did this Adroi.me site take customers offline and now requires only bitcoin deposits? this is the same as the pyramid/scam scheme or and a hyip/ponzi website

If you withdraw your BTC to an address from an address that is connected with your name - AdRoi.me? then it is almost impossible to avoid future problems if you don't pay taxes. Tracking blockchain services are now more sophisticated than we can even imagine.  Smiley

Adroi, is not regulated, has no physical office and the site was created 30 days ago. OP is using this tax argument to promote this site

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June 23, 2020, 08:42:29 PM
 #24

Quote
Hi guys, i wonder i some of you know about some debit cards that i can load and use without my government know abou the account?
 
As you mentioned, I know that it is not possible to get cash by selling Bitcoin directly without getting stuck in state control. Although it is a bit troublesome and absurd suggestion, I can recommend you;
You can reach people who want to buy Bitcoin regardless of small or large amount within your own country borders and you can meet these people and trade from hand to hand. Of course, although it is quite risky to carry out transactions in this way, it is possible not to encounter any problem like state control.
 
Quote
What about crypto.com, are the silent about their clients?
 
Although the website you mentioned is a very high quality service, it should not be forgotten that you can get the right to get a debit card by authenticating your account here. For this reason, I think that they can legally provide the government with all the evidence for possible money transfer transactions.
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June 23, 2020, 09:23:59 PM
 #25

CIA or whatever doesnt really matter, important is not to tax report it, if the bank of the card issuer is not in russia or philipines then it won´t work.
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June 23, 2020, 10:26:47 PM
 #26

Hi guys, i wonder i some of you know about some debit cards that i can load and use without my government know abou the account?

Recently i made a lot of profits with AdRoi.me, the profits are increasing and now i am at the point that i could even live from that but if i send it to my bank, the tax hammer will hit me, i know there are a lot of things i can pay with bitcoin directly, but i can not pay my food with it.

What about crypto.com, are the silent about their clients?

First and foremost check this sentence;
Quote
Hi guys, I wonder I  some of you... You were to say IF, now come to think of it this act is an act of STEALING MONEY that's not your and it will in turn back fire. Just like what happened recently to a friend I know so well.

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June 23, 2020, 10:51:17 PM
 #27

the government is stealing money from me by taxing me higher than other people, thats why i need to stay low. You can make your decision to pay tax i do mine.
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June 23, 2020, 11:22:40 PM
 #28

Hi guys, i wonder i some of you know about some debit cards that i can load and use without my government know abou the account?

Recently i made a lot of profits with AdRoi.me, the profits are increasing and now i am at the point that i could even live from that but if i send it to my bank, the tax hammer will hit me, i know there are a lot of things i can pay with bitcoin directly, but i can not pay my food with it.

What about crypto.com, are the silent about their clients?

Once you have profits trading crypto currency, the safest way to go is to stable coins usdt, then fiats to fix basic stuff. Or perhaps add up the profits to the capital to double up your capital but the safest way is to withdraw your profits and keep trading the capital.

This is a personal principle i follow
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June 24, 2020, 11:52:39 AM
 #29

If you are getting this much profits on which you can live your life then why don't you just honestly put the money in Bank and pay the taxes. I mean you still be earning big bucks every other day. Lolz. So what do you have to loose beside some chunk which will help your nation grow. (!)

I guess you just lurking around to advertise that website and nothing much. Anyone who is earning so much money would never go public and ask for help by asking where to spend and keep the money to avoid taxes. That's funny.

That's a bright idea, you can help a lot in our government most especially that we are experiencing economic crisis right now and the authority is not that strategic in helping people. The allocated budget for helping poor people amidst this pandemic is not that properly distributed and suddenly vanished.

You are really direct to the point which is good so that people will easily know the motive of the OP. But BTC is really a good thing to help other people.

If you have some spare amount BTC, you could help a lot of people in needs. Helping people is voluntary action where you can lessen the suffering of poor people who are struggling to survive this Covid-19 pandemic.  You should always pay your taxes.
milandres0207
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June 24, 2020, 01:22:30 PM
 #30

Hi guys, i wonder i some of you know about some debit cards that i can load and use without my government know abou the account?

Recently i made a lot of profits with AdRoi.me, the profits are increasing and now i am at the point that i could even live from that but if i send it to my bank, the tax hammer will hit me, i know there are a lot of things i can pay with bitcoin directly, but i can not pay my food with it.

What about crypto.com, are the silent about their clients?

I don't believe you in the first place, most of your grammar is not correct honestly. Second, if it is true that you are at the point to live for that if you are intelligent you will put it in the bank for sure. Sorry about this dude, no offense. To tell you frankly, I saw that you are the only promoting the website platform, am I right?
darewaller
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June 24, 2020, 02:26:38 PM
 #31

i wonder i some of you know about some debit cards that i can load and use without my government know abou the account?

Recently i made a lot of profits with AdRoi.me, the profits are increasing and now i am at the point that i could even live from that but if i send it to my bank, the tax hammer will hit me, i know there are a lot of things i can pay with bitcoin directly, but i can not pay my food with it.
Is there any way that things can be kept secret when it's fiat that we are talking about? Unless you're going to find a platform that will let you store those money, like a digital banking platforms where you wouldn't have to worry about tax and things like that.

There are so many of them, but please do a good research about them because I don't really understand how they work. As for cryptocurrency platforms, I do make use of Luno and they allow me to convert my Bitcoin and other cryptocurrencies to my local currency and I can just store them in the secure wallet, and can as well move them at any time.

Personally I like to suggest to go for paying taxes for your government. I am also using my account and my spouse's account for withdrawing bitcoin profits so that we will not get into higher slab of taxation and also I will try to make use of direct bitcoin spending methods to keep my taxes minimum. We may support our country at least at minimum level so that economy of our country of our nation will get built stronger which will again benefit us by indirect way.
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June 25, 2020, 11:25:38 PM
 #32

If i would wanted to promote the site i am surely would use my reflink. It is really an issue.
I want to pay tax but only the money i bring in the country to my bank account. But to safe money i want to have a debit card with a bank behind it, that is not reporting to my tax authorities.

It is good to pay taxes, yes, but only to a certain point. I don´t see any point to give more % as more as i earn. The more i earn i should get discounts and that is the reason why it is not fair, to bring in more money and still have to pay more.

Russia and the Philipines are the only countries that are not reporting and my question is, if someone knows a card issuer company from this countries that is reliable.

i am still earning only 500$ a week with adroi, but soon it will be much more and on top of that comes my personal salery, that i also pay taxes on.
I pay now more than 700$ a week taxes and this is really already far enough.
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