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  1. LegitBananas

    Tate(s) Last Week (UK), Richard Heart this week (FINLAND)

    I don't understand the tate one. He has not been a resident of the UK in many years
  2. LegitBananas

    It finally happened, BITCOIN broke past $100K!

    What's even more amusing is people thinking that Bitcoin sitting At $100,000, just 48 hours after breaking its all time high, is an indicator of it 'going in the complete opposite direction' when one year ago it sat at 43K lmao
  3. LegitBananas

    It finally happened, BITCOIN broke past $100K!

    It blows my mind the level of mental gymnastics some people will do just to try and discredit such an incredible idea like BTC or crypto in general. Is it true that there are sheep speculating just for profit? Yes. Is it true that lots of people are complying with KYC when buying? Also yes...
  4. LegitBananas

    Some questions about Dubai golden visa / Dubai residency

    Can't you just invest 750K AED into a property and get a 2-year visa instead of 10-year golden visa with 2M AED requirement? They are both renewable, so I don't see the major benefit of getting the 10-year visa. Both get you Emirati ID and residence. https://www.damacproperties.com/en/...at is...
  5. LegitBananas

    True that Dubai banks won't report 'residents' to CRS?

    I'm reading conflicting information on this topic - I am trying to figure out if i establish Dubai residency and open a bank account + company if that will be enough to have Dubai banks NOT send out CRS reports (even if i "forget" to spend 183 days there). Some said they will look the other way...
  6. LegitBananas

    A Payoneer adventure.

    AFAIK they don't. I've withdrawn cash, spent on personal expenses, goods, services, etc. and there was never any issue. The main concern for them is how you use the receiving account details.
  7. LegitBananas

    A Payoneer adventure.

    They are very strict about not using those accounts as sort of personal accounts. Only for getting paid in exchange for goods/services. It would be relatively simple to 'prove' a connection with a PDF since he owns the company. Or, he can admit to making the transfer by mistake and asking them...
  8. LegitBananas

    Alternatives to wise

    Anybody can vouch for Advcash (Volet.com now)? Are they going to make a fuss about a $100K transfer like Wise or are they better than wise in that regard?
  9. LegitBananas

    It finally happened, BITCOIN broke past $100K!

    It was never private to begin with. BTC had a public ledger from day 1. It is still decentralized. No entity can issue more coins or prevent its distribution. There is zero reliance on any institution to store, send, and receive coins. No government has control over the network itself which is...
  10. LegitBananas

    It finally happened, BITCOIN broke past $100K!

    With all due respect, if you think dividing bitcoin into smaller amounts is even remotely similar to inflation (increasing the total supply of something) you do not fully understand what inflation is.
  11. LegitBananas

    Closing down Dubai free zone company

    Why do people mention UAE as being a good offshore solution when supposedly they do as much reporting as any G7 or EU country?
  12. LegitBananas

    Bluesky vs X / Twitter ?

    It's just an echo chamber safe space for salty liberals who are mad that Elon is rich and protected freedom of speech
  13. LegitBananas

    Is it really useful to empty accounts at the end of the year?

    So basically you have to either : A) spend more than 183 days per year in the UAE or B) Just declare you spend more than 183 days per year in the UAE, while actually living somewhere else perhaps its that simple, if the bank just takes you for your word. Not really groundbreaking or unique...
  14. LegitBananas

    The list of non CRS countries 2019 - 2025

    I think he is saying just getting a residency VISA means UAE doesn't report you, even if you are not a 'tax resident' and only live there 1 day per year. I wonder if there's any source that confirms this. I doubt it
  15. LegitBananas

    Is it really useful to empty accounts at the end of the year?

    Where did you hear this? I don't think UAE would play those kind of games and risk their reputation on an international level
  16. LegitBananas

    Real estate Dubai - Crypto

    When people here are talking about 'paying in cash' do they mean paying with physical, paper money? Or are they talking about just paying the full amount without a mortgage? I don't see why a transaction would be scrutinized just because the buyer is paying the full amount via normal transfer...
  17. LegitBananas

    Some questions about Dubai golden visa / Dubai residency

    I'm learning about the Dubai golden visa which gives you a 10 year residency card for investing in real estate and I'm finding it interesting, however I have some questions for those who might be more knowledgable about this: 1. Are there any obligations for staying/entering Dubai in order to...
  18. LegitBananas

    What would you do with $100K?

    0XMR price June 21 2021: $0.089 0XMR price today: $0.076 (not that this matters, this is a shitcoin irrespective of price)

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