Bitcoin doesn't need an upgrade. Quantum protection can be achieved already today via Taproot with trivial updates to the transaction payload (which are a responsibility of the single wallets/applications and not the protocol)...
I'm the same as you. We use a local bank, CDB, for payroll, taxes, and suppliers, and Revolut for any inbound payments - as it easily accepts GBP, USD, and EUR - I convert and wire what I need in a few clicks, and for free.
No brainer.
Sure! Happy to share my first-hand experience here. I avoided local commercial banks for a few reasons:
- you need written authorization from the government to hold USD in your Bahamian bank account. Typically you get BSD accounts
- BSD is officially 1:1 with the USD, but local transfers and...
There are no "deals" for rent. Nassau is in high demand, and if you look for gated communities, you must go through agents. You can look at Sotheby's Bahamas to get an idea.
They have a new online application process at this link. I proceeded with the help of a local "paralegal/facilitator" who...
I've been in Nassau for 18 months, working remotely. In a nutshell:
- no need to file for a tax return at all. There are no taxes on the individual
- you can get a yearly "permit to reside" for $2,000 as long as you have a one-year lease and you submit proof of having enough to live here
- as...
Apparently, even receiving a wire transfer from a company that is doing blockchain poses some risks. Would you be interested to support my company to find the right EMI? I can't send you a PM
I'm looking into this right now, would you be interested to help me?
I already incorporated a CY limited company and I have a local business account with CDB - but I don't feel confident to have my cryptocurrency-contractor income wired directly to them...
I'm a long-time customer (around six years), with both my personal and US company accounts on Wise. I tried to add my new company (CY Limited) and I've been put on the waitlist...