www.cointribune.com
i'm ready for the revolution. it's why i'm here...i'm sad to report that in BsAs, Cordoba, and Mendoza, 1% of cuevas/financieras have any clue what what Cryptocurrency is; almost all of them want to do a 1.5%-2% commission to change USDT "Tether" into Dollars or Pesos. for anyone who has spent any time at all in the Crypto/Bitcoin world, you know Tether/USDT is a centralized scam coin that is ran by a single company, subject to government search warrants and freezes, and has no auditing, proof of reserves, or scarcity. if your Social Credit Score gets low in the future, your Tether/USDT will be locked.
bitpay.com
I would consider myself a novice. I did buy and own Bitcoin. From speaking to Escribanos in BA, no sellers want crypto on transactions. It seems like some Escribanos are willing to allow you to pay in cash that you get from the cuevas but as it was explained to me this is still technically illegal. Until recently many lawyers did not want to deal with those kind of transactions but a colleague recently purchased an apartment that way and he had to just transfer the crypto, pay a % commission and got the USD here. But his lawyer explained to him that was not technically legal. And made it clear he explained to him that this was not legal.i'm ready for the revolution. it's why i'm here...i'm sad to report that in BsAs, Cordoba, and Mendoza, 1% of cuevas/financieras have any clue what what Cryptocurrency is; almost all of them want to do a 1.5%-2% commission to change USDT "Tether" into Dollars or Pesos. for anyone who has spent any time at all in the Crypto/Bitcoin world, you know Tether/USDT is a centralized scam coin that is ran by a single company, subject to government search warrants and freezes, and has no auditing, proof of reserves, or scarcity. if your Social Credit Score gets low in the future, your Tether/USDT will be locked.
Bitcoin, on the other hand, and other decentralized blockchain permissionless self-custody systems can't be blocked, unless the entire planet has no internet.
that being said, you guys know i'm a purist when it comes to Bitcoin Cash (BCH) - https://whybitcoincash.com
what i would like to start a conversation about is off-ramping crypto to fiat/Dollars, for those who are taking profits or "Spending and Replacing" as cryptocurrency was intended to be used. here are the various options, and my thoughts:
1. Coinbase.com selling for Dollars/USD and wiring to my linked checking account. this would trigger capital gains, with tax forms emailed to me. easiest way, normal fees, but not paying taxes to the war-loving US Federal Government. nope.
2. USDT selling to financieras - i am aware of cuevas wanting USDT, but using an exchange like Coinbase.com would trigger a taxable event when selling Bitcoin for USDT/Tether. i don't want any tax implications, so this is a no-go for me (nor do i want to hold Tether/USDT even for a moment, as it could be seized or frozen). if i could find a financial entity that would take BCH for US Dollars (cash $100 bills), this could be an option, especially if they would just hand the cash directly to the house seller during the escritura and i wouldn't have the risk of holding physical Dollars. i've heard this is around 2% but most of them want USDT or BTC.
3. Sphere - i am also aware of fiat off-ramp services like Sphere Labs https://spherepay.co/ - this is a government-regulated service to sell cryptocurrency for fiat/Dollars/Pesos with a 0.1% commission fee (very small), with options for EUR and USD payments to bank accounts. that being said, like with Coinbase above, selling Bitcoin for USDT/USDC would trigger an IRS tax event, so it's a no-deal. i haven't seen if Sphere would accept BCH to pay-out or Swap for Dollars, but since they are regulated it would still be a taxable event. https://www.binance.com/sl/square/post/8680131609329
4. Bitcoin.com and Binance and Gemini and Kraken all have to be regulated to allow fiat/Dollars, so the same thing applies - big tax hits.
5. BinanceP2P seems decentralized but there is no BCH option and the rates seem pretty bad. haven't tried; don't trust Binance - https://p2p.binance.com/en
6. Paxful seems decentralized but also some listings look shady, and i'm not sure how often people get robbed/scammed - https://paxful.com/list-crypto-buy-sell-ad
7. Physical precious metals/bullion - in the USA it is easy to send BCH to APMEx.com and JMBullion and ~10 reputable sites to buy gold/silver/platinum/palladium with crypto. i've done this a dozen times and it's easy, but getting metals to Argentina, or the Dollars after selling metals to Coin Shops, is very hard. it's a known route that i believe is pretty safe - send crypto, get metals like a 1-oz gold coin, sell for cash or check, then you have Dollars in your account. i'm not in the USA or i could do this, to have Dollars to wire for a house purchase. it would be easier to just send Crypto and skip all of this, obviously, and you lose 5-15% to bullion premiums.
8. Bitcoin ATMs - GeneralBytes and other companies have 5000 USD daily limits and heavy commissions/fees, so buying a 100,000 USD house would take forever - https://www.generalbytes.com/en/bitcoin-atm-near-me
9. MoonPay with BitPay.com can sell Bitcoin for Dollars to your checking account or debit card, with commission, and of course tax hits - https://bitpay.com/sell-bitcoin-cash/ - though it says they don't report sales, you would still be getting EUR to your bank account, which would get flagged from being sent buy them - https://www.moonpay.com/sell/bch
10. BitPay.com is great for buying some stuff in the USA like cars, gift cards, metals, etc. - but nothing in Argentina yet. note that you can pay-off Home Mortgages as well as Auto Loans with BitPay very easily (i aim to pay-off my car loan as well as my girlfriend's mortgage if my Bitcoin desired price hits) - https://bitpay.com/directory/ -Pay Bills with Crypto Fast & Secure. BTC, ETH, DOGE + More | BitPay
Experience the freedom of paying bills with cryptocurrency. Make bill payments on everything from credit cards to mortgages, all from the BitPay Wallet app.
11. CoinEx.com in China used to allow me to use the site, but if you have a USA passport they blocked you last year. it was a great place to send crypto, made trades not reportable to the IRS, then withdraw USDC or BCH (but there were NO FIAT OFF-RAMPS available, which is my current research task).
12. LocalBitcoins.com CLOSED - there used to be peer-to-peer services like LocalBitcoins but the federal government is great at stopping this, since they don't get a cut. "LocalBitcoins has decided to stop providing Bitcoin trading services. New account registration was suspended on 2023-02-09." LocalBitcoins.com
@Blockchain @crypto @Finance Prof @enbits and who else is a crypto person here? anyone got any other insights for what is possible in Sep2024 in Argentina with Bitcoin?
For all the hype about Argentina being pro-crypto, I didn't find that to be the case at all during my trip. Seems like they mostly want to deal with USDT. They have a long way to go and no one there wants to accept crypto. I went to a few property developers and NO ONE wants to accept crypto.
I do not know of any of these types of transactions. But @StatusNomadicus didn't yesterday you scold me for not wanting to get my Argentina driver's license and said that was illegal. And today you are saying you advocate for tax evasion to the US government and risk going to jail? I am confused.
I wouldn't pay Argentina is pro-crypto. In fact, if you read trip reports by some bitcoin hobbyists you will mostly find they are all disappointed how difficult it is here in general. I don't know of any builders that will accept crypto at all. They will allow you to pay in cash but will leave it to you to get the cash here. Same with private sellers.
Agree about the urgency to end the CEPO. When I bought my apartment a few years ago it was too painful getting the cash here legally. The seller wouldn't allow me to wire to them directly. They needed cash here to buy another property. They didn't want to deal with bonds at all. It was frustrating. I had to just end up using a cueva. I paid about 2% to get my cash here. I got the same warning from my lawyer that it was not technically legal but said there it wouldn't be a problem to buy but they didn't want to promise anything when I sold the property. He told me that in the future they might ask me how I brought the cash into Argentina. I was ok with that risk and it seems like many foreigners do that.
I have no clue about crypto and I know it sounds like you're joking around here @Betsy Ross but @StatusNomadicus what is the law if you bought crypto at one price and then you liquidate higher? What kind of capital gains tax are you in for? Does anyone track that?I do not know of any of these types of transactions. But @StatusNomadicus didn't yesterday you scold me for not wanting to get my Argentina driver's license and said that was illegal. And today you are saying you advocate for tax evasion to the US government and risk going to jail? I am confused.
I guess now we understand why he needs 2 passports. I read that the IRS will cancel US passports for tax evasion. It all makes sense now.I do not know of any of these types of transactions. But @StatusNomadicus didn't yesterday you scold me for not wanting to get my Argentina driver's license and said that was illegal. And today you are saying you advocate for tax evasion to the US government and risk going to jail? I am confused.
I was faced with the same situation when I purchased my apartment in BA. I didn't want to take the risk of any problems when I sold my property. I don't have my DNI and probably won't get one either. Talk to @earlyretirement. He helped me buy my property using the bond market. It was legal. Cost was the same to bring it in illegally. Just was a lot more paperwork as well as having to provide tax returns and bank statements but the property owner selling also needed the cash.
Based on your experiences @StatusNomadicus wouldn't you agree that owning BCH and living in Argentina and wanting to liquidate is worth it compared to Bitcoin? Sounds like your experiences so far make the argument not to own BCH if living in Argentina and needing to easily access the $.i'm ready for the revolution. it's why i'm here...i'm sad to report that in BsAs, Cordoba, and Mendoza, 1% of cuevas/financieras have any clue what what Cryptocurrency is; almost all of them want to do a 1.5%-2% commission to change USDT "Tether" into Dollars or Pesos. for anyone who has spent any time at all in the Crypto/Bitcoin world, you know Tether/USDT is a centralized scam coin that is ran by a single company, subject to government search warrants and freezes, and has no auditing, proof of reserves, or scarcity. if your Social Credit Score gets low in the future, your Tether/USDT will be locked.
Bitcoin, on the other hand, and other decentralized blockchain permissionless self-custody systems can't be blocked, unless the entire planet has no internet.
that being said, you guys know i'm a purist when it comes to Bitcoin Cash (BCH) - https://whybitcoincash.com
what i would like to start a conversation about is off-ramping crypto to fiat/Dollars, for those who are taking profits or "Spending and Replacing" as cryptocurrency was intended to be used. here are the various options, and my thoughts:
1. Coinbase.com selling for Dollars/USD and wiring to my linked checking account. this would trigger capital gains, with tax forms emailed to me. easiest way, normal fees, but not paying taxes to the war-loving US Federal Government. nope.
2. USDT selling to financieras - i am aware of cuevas wanting USDT, but using an exchange like Coinbase.com would trigger a taxable event when selling Bitcoin for USDT/Tether. i don't want any tax implications, so this is a no-go for me (nor do i want to hold Tether/USDT even for a moment, as it could be seized or frozen). if i could find a financial entity that would take BCH for US Dollars (cash $100 bills), this could be an option, especially if they would just hand the cash directly to the house seller during the escritura and i wouldn't have the risk of holding physical Dollars. i've heard this is around 2% but most of them want USDT or BTC.
3. Sphere - i am also aware of fiat off-ramp services like Sphere Labs https://spherepay.co/ - this is a government-regulated service to sell cryptocurrency for fiat/Dollars/Pesos with a 0.1% commission fee (very small), with options for EUR and USD payments to bank accounts. that being said, like with Coinbase above, selling Bitcoin for USDT/USDC would trigger an IRS tax event, so it's a no-deal. i haven't seen if Sphere would accept BCH to pay-out or Swap for Dollars, but since they are regulated it would still be a taxable event. https://www.binance.com/sl/square/post/8680131609329
4. Bitcoin.com and Binance and Gemini and Kraken all have to be regulated to allow fiat/Dollars, so the same thing applies - big tax hits.
5. BinanceP2P seems decentralized but there is no BCH option and the rates seem pretty bad. haven't tried; don't trust Binance - https://p2p.binance.com/en
6. Paxful seems decentralized but also some listings look shady, and i'm not sure how often people get robbed/scammed - https://paxful.com/list-crypto-buy-sell-ad
7. Physical precious metals/bullion - in the USA it is easy to send BCH to APMEx.com and JMBullion and ~10 reputable sites to buy gold/silver/platinum/palladium with crypto. i've done this a dozen times and it's easy, but getting metals to Argentina, or the Dollars after selling metals to Coin Shops, is very hard. it's a known route that i believe is pretty safe - send crypto, get metals like a 1-oz gold coin, sell for cash or check, then you have Dollars in your account. i'm not in the USA or i could do this, to have Dollars to wire for a house purchase. it would be easier to just send Crypto and skip all of this, obviously, and you lose 5-15% to bullion premiums.
8. Bitcoin ATMs - GeneralBytes and other companies have 5000 USD daily limits and heavy commissions/fees, so buying a 100,000 USD house would take forever - https://www.generalbytes.com/en/bitcoin-atm-near-me
9. MoonPay with BitPay.com can sell Bitcoin for Dollars to your checking account or debit card, with commission, and of course tax hits - https://bitpay.com/sell-bitcoin-cash/ - though it says they don't report sales, you would still be getting EUR to your bank account, which would get flagged from being sent buy them - https://www.moonpay.com/sell/bch
10. BitPay.com is great for buying some stuff in the USA like cars, gift cards, metals, etc. - but nothing in Argentina yet. note that you can pay-off Home Mortgages as well as Auto Loans with BitPay very easily (i aim to pay-off my car loan as well as my girlfriend's mortgage if my Bitcoin desired price hits) - https://bitpay.com/directory/ -Pay Bills with Crypto Fast & Secure. BTC, ETH, DOGE + More | BitPay
Experience the freedom of paying bills with cryptocurrency. Make bill payments on everything from credit cards to mortgages, all from the BitPay Wallet app.
11. CoinEx.com in China used to allow me to use the site, but if you have a USA passport they blocked you last year. it was a great place to send crypto, made trades not reportable to the IRS, then withdraw USDC or BCH (but there were NO FIAT OFF-RAMPS available, which is my current research task).
12. LocalBitcoins.com CLOSED - there used to be peer-to-peer services like LocalBitcoins but the federal government is great at stopping this, since they don't get a cut. "LocalBitcoins has decided to stop providing Bitcoin trading services. New account registration was suspended on 2023-02-09." LocalBitcoins.com
@Blockchain @crypto @Finance Prof @enbits and who else is a crypto person here? anyone got any other insights for what is possible in Sep2024 in Argentina with Bitcoin?
I don't understand. This sounds like a lot of trouble just to buy a property or send funds. You mention avoiding IRS triggers. So is your goal only to avoid taxes? If so it seems like you have more in common with us Argentines than you think.i'm ready for the revolution. it's why i'm here...i'm sad to report that in BsAs, Cordoba, and Mendoza, 1% of cuevas/financieras have any clue what what Cryptocurrency is; almost all of them want to do a 1.5%-2% commission to change USDT "Tether" into Dollars or Pesos. for anyone who has spent any time at all in the Crypto/Bitcoin world, you know Tether/USDT is a centralized scam coin that is ran by a single company, subject to government search warrants and freezes, and has no auditing, proof of reserves, or scarcity. if your Social Credit Score gets low in the future, your Tether/USDT will be locked.
Bitcoin, on the other hand, and other decentralized blockchain permissionless self-custody systems can't be blocked, unless the entire planet has no internet.
that being said, you guys know i'm a purist when it comes to Bitcoin Cash (BCH) - https://whybitcoincash.com
what i would like to start a conversation about is off-ramping crypto to fiat/Dollars, for those who are taking profits or "Spending and Replacing" as cryptocurrency was intended to be used. here are the various options, and my thoughts:
1. Coinbase.com selling for Dollars/USD and wiring to my linked checking account. this would trigger capital gains, with tax forms emailed to me. easiest way, normal fees, but not paying taxes to the war-loving US Federal Government. nope.
2. USDT selling to financieras - i am aware of cuevas wanting USDT, but using an exchange like Coinbase.com would trigger a taxable event when selling Bitcoin for USDT/Tether. i don't want any tax implications, so this is a no-go for me (nor do i want to hold Tether/USDT even for a moment, as it could be seized or frozen). if i could find a financial entity that would take BCH for US Dollars (cash $100 bills), this could be an option, especially if they would just hand the cash directly to the house seller during the escritura and i wouldn't have the risk of holding physical Dollars. i've heard this is around 2% but most of them want USDT or BTC.
3. Sphere - i am also aware of fiat off-ramp services like Sphere Labs https://spherepay.co/ - this is a government-regulated service to sell cryptocurrency for fiat/Dollars/Pesos with a 0.1% commission fee (very small), with options for EUR and USD payments to bank accounts. that being said, like with Coinbase above, selling Bitcoin for USDT/USDC would trigger an IRS tax event, so it's a no-deal. i haven't seen if Sphere would accept BCH to pay-out or Swap for Dollars, but since they are regulated it would still be a taxable event. https://www.binance.com/sl/square/post/8680131609329
4. Bitcoin.com and Binance and Gemini and Kraken all have to be regulated to allow fiat/Dollars, so the same thing applies - big tax hits.
5. BinanceP2P seems decentralized but there is no BCH option and the rates seem pretty bad. haven't tried; don't trust Binance - https://p2p.binance.com/en
6. Paxful seems decentralized but also some listings look shady, and i'm not sure how often people get robbed/scammed - https://paxful.com/list-crypto-buy-sell-ad
7. Physical precious metals/bullion - in the USA it is easy to send BCH to APMEx.com and JMBullion and ~10 reputable sites to buy gold/silver/platinum/palladium with crypto. i've done this a dozen times and it's easy, but getting metals to Argentina, or the Dollars after selling metals to Coin Shops, is very hard. it's a known route that i believe is pretty safe - send crypto, get metals like a 1-oz gold coin, sell for cash or check, then you have Dollars in your account. i'm not in the USA or i could do this, to have Dollars to wire for a house purchase. it would be easier to just send Crypto and skip all of this, obviously, and you lose 5-15% to bullion premiums.
8. Bitcoin ATMs - GeneralBytes and other companies have 5000 USD daily limits and heavy commissions/fees, so buying a 100,000 USD house would take forever - https://www.generalbytes.com/en/bitcoin-atm-near-me
9. MoonPay with BitPay.com can sell Bitcoin for Dollars to your checking account or debit card, with commission, and of course tax hits - https://bitpay.com/sell-bitcoin-cash/ - though it says they don't report sales, you would still be getting EUR to your bank account, which would get flagged from being sent buy them - https://www.moonpay.com/sell/bch
10. BitPay.com is great for buying some stuff in the USA like cars, gift cards, metals, etc. - but nothing in Argentina yet. note that you can pay-off Home Mortgages as well as Auto Loans with BitPay very easily (i aim to pay-off my car loan as well as my girlfriend's mortgage if my Bitcoin desired price hits) - https://bitpay.com/directory/ -Pay Bills with Crypto Fast & Secure. BTC, ETH, DOGE + More | BitPay
Experience the freedom of paying bills with cryptocurrency. Make bill payments on everything from credit cards to mortgages, all from the BitPay Wallet app.
11. CoinEx.com in China used to allow me to use the site, but if you have a USA passport they blocked you last year. it was a great place to send crypto, made trades not reportable to the IRS, then withdraw USDC or BCH (but there were NO FIAT OFF-RAMPS available, which is my current research task).
12. LocalBitcoins.com CLOSED - there used to be peer-to-peer services like LocalBitcoins but the federal government is great at stopping this, since they don't get a cut. "LocalBitcoins has decided to stop providing Bitcoin trading services. New account registration was suspended on 2023-02-09." LocalBitcoins.com
@Blockchain @crypto @Finance Prof @enbits and who else is a crypto person here? anyone got any other insights for what is possible in Sep2024 in Argentina with Bitcoin?
Now you understand why we have so much cash hidden.Looks like just another shitcoin. Anyone that bought it at it's inception is down big time. At least Bitcoin has skyrocketed. It looks like many people who bought BCH have lost money. Plus it doesn't sound too liquid. Hard no.
Thanks for posting this. Didn't see it. Just watched his YT. There just isn't much adoption with BCH compared to Bitcoin and it will probably always be that way.
Curious in what circumstances would USDT be seized or frozen?i'm ready for the revolution. it's why i'm here...i'm sad to report that in BsAs, Cordoba, and Mendoza, 1% of cuevas/financieras have any clue what what Cryptocurrency is; almost all of them want to do a 1.5%-2% commission to change USDT "Tether" into Dollars or Pesos. for anyone who has spent any time at all in the Crypto/Bitcoin world, you know Tether/USDT is a centralized scam coin that is ran by a single company, subject to government search warrants and freezes, and has no auditing, proof of reserves, or scarcity. if your Social Credit Score gets low in the future, your Tether/USDT will be locked.
Bitcoin, on the other hand, and other decentralized blockchain permissionless self-custody systems can't be blocked, unless the entire planet has no internet.
that being said, you guys know i'm a purist when it comes to Bitcoin Cash (BCH) - https://whybitcoincash.com
what i would like to start a conversation about is off-ramping crypto to fiat/Dollars, for those who are taking profits or "Spending and Replacing" as cryptocurrency was intended to be used. here are the various options, and my thoughts:
1. Coinbase.com selling for Dollars/USD and wiring to my linked checking account. this would trigger capital gains, with tax forms emailed to me. easiest way, normal fees, but not paying taxes to the war-loving US Federal Government. nope.
2. USDT selling to financieras - i am aware of cuevas wanting USDT, but using an exchange like Coinbase.com would trigger a taxable event when selling Bitcoin for USDT/Tether. i don't want any tax implications, so this is a no-go for me (nor do i want to hold Tether/USDT even for a moment, as it could be seized or frozen). if i could find a financial entity that would take BCH for US Dollars (cash $100 bills), this could be an option, especially if they would just hand the cash directly to the house seller during the escritura and i wouldn't have the risk of holding physical Dollars. i've heard this is around 2% but most of them want USDT or BTC.
3. Sphere - i am also aware of fiat off-ramp services like Sphere Labs https://spherepay.co/ - this is a government-regulated service to sell cryptocurrency for fiat/Dollars/Pesos with a 0.1% commission fee (very small), with options for EUR and USD payments to bank accounts. that being said, like with Coinbase above, selling Bitcoin for USDT/USDC would trigger an IRS tax event, so it's a no-deal. i haven't seen if Sphere would accept BCH to pay-out or Swap for Dollars, but since they are regulated it would still be a taxable event. https://www.binance.com/sl/square/post/8680131609329
4. Bitcoin.com and Binance and Gemini and Kraken all have to be regulated to allow fiat/Dollars, so the same thing applies - big tax hits.
5. BinanceP2P seems decentralized but there is no BCH option and the rates seem pretty bad. haven't tried; don't trust Binance - https://p2p.binance.com/en
6. Paxful seems decentralized but also some listings look shady, and i'm not sure how often people get robbed/scammed - https://paxful.com/list-crypto-buy-sell-ad
7. Physical precious metals/bullion - in the USA it is easy to send BCH to APMEx.com and JMBullion and ~10 reputable sites to buy gold/silver/platinum/palladium with crypto. i've done this a dozen times and it's easy, but getting metals to Argentina, or the Dollars after selling metals to Coin Shops, is very hard. it's a known route that i believe is pretty safe - send crypto, get metals like a 1-oz gold coin, sell for cash or check, then you have Dollars in your account. i'm not in the USA or i could do this, to have Dollars to wire for a house purchase. it would be easier to just send Crypto and skip all of this, obviously, and you lose 5-15% to bullion premiums.
8. Bitcoin ATMs - GeneralBytes and other companies have 5000 USD daily limits and heavy commissions/fees, so buying a 100,000 USD house would take forever - https://www.generalbytes.com/en/bitcoin-atm-near-me
9. MoonPay with BitPay.com can sell Bitcoin for Dollars to your checking account or debit card, with commission, and of course tax hits - https://bitpay.com/sell-bitcoin-cash/ - though it says they don't report sales, you would still be getting EUR to your bank account, which would get flagged from being sent buy them - https://www.moonpay.com/sell/bch
10. BitPay.com is great for buying some stuff in the USA like cars, gift cards, metals, etc. - but nothing in Argentina yet. note that you can pay-off Home Mortgages as well as Auto Loans with BitPay very easily (i aim to pay-off my car loan as well as my girlfriend's mortgage if my Bitcoin desired price hits) - https://bitpay.com/directory/ -Pay Bills with Crypto Fast & Secure. BTC, ETH, DOGE + More | BitPay
Experience the freedom of paying bills with cryptocurrency. Make bill payments on everything from credit cards to mortgages, all from the BitPay Wallet app.
11. CoinEx.com in China used to allow me to use the site, but if you have a USA passport they blocked you last year. it was a great place to send crypto, made trades not reportable to the IRS, then withdraw USDC or BCH (but there were NO FIAT OFF-RAMPS available, which is my current research task).
12. LocalBitcoins.com CLOSED - there used to be peer-to-peer services like LocalBitcoins but the federal government is great at stopping this, since they don't get a cut. "LocalBitcoins has decided to stop providing Bitcoin trading services. New account registration was suspended on 2023-02-09." LocalBitcoins.com
@Blockchain @crypto @Finance Prof @enbits and who else is a crypto person here? anyone got any other insights for what is possible in Sep2024 in Argentina with Bitcoin?
not sure, but Milei and Diana Mondino were very clear this year that contracts in Bitcoin or beef were legal; i would assume cuevas are as well, but i haven't looked it up. it's funny how some people stress legality when they are paying 40-70% of a property on paper, and committing fraud with the Notary/escribania for the remainder. it's a very strange situation of what people worry about (for me, an obvious difference in value and sales price is something i would always worry about, since it's so easily investigated and prosecuted; a rookie cop could do that investigation and report using just ZonaProp and the Deed/escritura...the Internet remembers everything!)
i can vouch that G&D Developers/builders in CABA will arrange a cueva payment where Cripto is possible. i almost did it, but ended up not liking the New-York-City style of CABA much, so i wanted to see other provinces before committing to a 115k USD apartment (prices/m2 were crazy in BsAs, like $2000+/m2)
absolutely, i identify as an Argentine and believe everyone should pay as little taxes as they can get away with; why would i want to pay toward the death of civilians around the globe, so the US Empire can colonize oil fields and other resources from non-nuclear nations?
but mostly i get a little bent out of shape when people give advice to just break the law (Border Runs, tourist visa overstays, driving without a license) based on 'it hasn't affected me' - i think it's irresponsible, and a bad system to live my life by. if someone comes to Argentina and stays, then they should follow the law and get Residency. if they have Residency and want to drive, they should get a local license. but of course they should also avoid paying taxes to a corrupt system of Warfare and Welfare huge amounts, and the IRS can absolutely track it because they "KYC" the centralized exchanges and can seize your trades. google Bitcoin taxes; there are plenty of articles and guides. i think it's absolutely criminal to try to tax my crypto gains, and i refuse to contribute to US wars
ah, now you see the evil of the US Empire. anyone who knows Snowden's story also knows that if he had a Brazilian/etc. passport he would have been protected against extradition! Larry, if your local government made owning dogs illegal, would you submit your pet for euthanization? because just because there is a law and it's "legal" or "illegal" doesn't make it moral (Nazi Germany might be a good guide for you to learn some basic philosophical questions, here)
Bitcoin Cash is the whitepaper version of Bitcoin, and BTC is broken/hijacked. check out www.x.com/HijackingBTC for the book that covers it all
no idea who he is, but i'll check his page out. likely he's irrelevant if i haven't seen him debate during the Blocksize Wars.
actually, if you didn't trust the US Dollar or the Peso, and didn't want to accept crappy "stablecoins" like Tether, there would be zero trouble: you would sell me an apartment for 300 BitcoinCash and i would send it to your QR Code in front of the Notary, they would record the sending and receiving wallet addresses and the amount (measured in BCH), and it would be done. no government or hacker could prevent us from transacting, and the transaction would be irreversible. the problem with Argentina is that 99% don't understand why Bitcoin was created (see Satoshi's writing, in relation to Central Banks and also Cyprus)
if you want to believe something, there will be plenty of "sources" to tell you your Echo Chamber is correct. your friend is mislead by the BTC Maxis and has never used Bitcoin Cash, nor has he ever read the Whitepaper. does he even have a cold wallet? has he ever etched a 12-word Seed Phrase? does he even know the difference between 0-conf and Replace-By-Fee? lol, i've been in the crypto game for a long time, and i'm not trying to prove to anyone that Bitcoin Cash is right for them, but the debate between BTC's high fees and network vulnerabilities...and BCH's peer-to-peer cash purity, is always on the side of Bitcoin Cash and 'banking the unbanked'
Admire your answer. I can confidently say that you will fit right in here in Argentina.absolutely, i identify as an Argentine and believe everyone should pay as little taxes as they can get away with; why would i want to pay toward the death of civilians around the globe, so the US Empire can colonize oil fields and other resources from non-nuclear nations?
Federal tax evasion is the most libertarian/constitutional thing you can do; there's no constitutional basis for federal taxes of my crypto gains that the government had ZERO influence on. and if you don't pay taxes, they won't just put you in Jail, you'll end up in Federal prison for years. if you don't contribute to the War machine, they will take your life away. and if you refuse slavery/conscription/Draft military compulsion (also unconstitutional), they will ruin your life as well. does that sound moral to you? in this, there is a huge difference between inherent evil (slavery and killing innocents) and me making a decision to be a conscientious objector against what i believe to be immoral taxation (it's theft, it doesn't go to streets or schools but instead bombs, and i can't opt-out of the lifelong financial enslavement). for a driver's license, you've made a decision for 15 years to purposely break the law, and you've even continued to follow US law with that license, but have gotten away with breaking this law for so long...why not just get an Argentine license every 5 years instead, and not have to worry about tickets or bribing?
it would be one argument to say that a driver license is unconstitutional (you could make that argument; free movement), but i don't think you're making that argument since you renew your US license. i didn't mean to scold but rather give you my perspective that perhaps a lot of cops might share - grievous intentional infractions like this are very different from mistakes or unintentional crimes. it was more of a chiding
Agree on paying the least amount of taxes that you can. I don't agree with the US tax law or what the US spends it's money on but I don't dare mess with the IRS. I am not in crypto at all but my brother is and he said the game has changed with all the KYC laws, especially with Americans. He got in early on it and has cashed some out but his accountant told him he needed to declare and pay the long term capital gains on it. If you live in the US, the government can seize your bank accounts, property and assets so not a game most want to play with.
They are allowing contracts in any currency but bringing in $ via cuevas isn't technically legal. No one in this administration will care or prosecute but keep in mind the currency controls are still active. Sending crypto in and paying commission to get the cash here is not a legal method. The worry isn't with Milei. The worry is if he isn't reelected and Peronistas take control again.
Correct about not messing with IRS! Also correct it is impossible to always do everything legal here. The longer you live here the easier you understand. Most Americans moving here can't comprehend things well until they are here and see it all. Odds of anyone wanting to pay VAT tax on bills from plumbers and painters and service providers is almost nonexistent for obvious reasons.Admire your answer. I can confidently say that you will fit right in here in Argentina.
Making no excuses about not getting a DL here. Didn't know that was illegal but after you live in Argentina many years you will see black and white is not so easy here. Difficult to stand your ground on just breaking the law a little. Know you were just chiding and it is ok. Me too. But you make your point clear and the reasons behind it.
Something tells me that you won't always be able to follow 100% law. From not paying IVA taxes on all the places you are supposed to pay it. Slippery slope. Every service provider is supposed to charge 21% IVA tax but I doubt you will push to pay that tax if you don't have to. That too is breaking the law. Talk to me when you are a few years living here.
I am not in crypto at all but my brother is and he said the game has changed with all the KYC laws, especially with Americans. He got in early on it and has cashed some out but his accountant told him he needed to declare and pay the long term capital gains on it. If you live in the US, the government can seize your bank accounts, property and assets so not a game most want to play with.
The more I understand your situation @StatusNomadicus the more I agree with you that having an Argentine passport would be essential. Once you get your passport here would you renounce your citizenship in the USA?
Agree about corruption and waste and use of taxes but not so much where I wouldn't mess with IRS. I would have to believe most with crypto gains are not declaring their capital gains but of course with KTC it most likely will get harder and harder.
Thanks. I just saw that it just follows the short or long term capital gains tax depending how long you had it and what your tax bracket is. These days it seems like everything is electronic and all records are shared even between different governments or countries.
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