If you had 10m$ in Crypto right now

[Nanoo]

If you had 10m$ in Crypto right now but broke in FIAT.
How would you do to enjoy this fortune and get a millionaire lifestyle without getting flagged by banks and governments?

 

[UniversalMan]

Selling part for cash in meetings with people , you can rent luxury apartments ,‌ luxury hotels and pay with cash
buying car on a friends/family memebr

and use services‍ that let you top up debit card with crypto

 

[niggashit]

That's funny question. You however can start your own EMI and be own bank.

 

[niggashit]

In USA, Everything is easy. All are pre-made. MSB licence maybe...

 

[UScorp]

What do you mean with easy in the US? A MSB Registration means nothing‍ , you need to register in every state you want to do business in

 

[niggashit]

You don't need to do that unless there are real business going⁠ on. This person want anonymity so one state is enough. I'm not going to provide⁤ any Fintech platform here but he can use Google for that.

I hope this person⁣ is not the one with 10million in this article.

Criminals are racing to cash out⁢ their bitcoin. Here's how they're doing it.

 

[KJK]

I wonder whether that means you had 3.5 times more one year ago‌ 😀

I think it depends on your philosophy - do you have any trust in crypto?‍ What do you think the future can bring (crisis; large change; or everything stays the⁠ same)?
Also how much of the money do you actually need?

 

[void]

Two people (one of them is the active member of this forum) offered to me‌ a creation of my own white label EMI provider 🙂
The setup would cost you less‍ than 1% of your wealth (I'd bet you can pay by crypto 🙂) and much⁠ less for the yearly fees. For this wealth it makes perfect sense to me -⁤ you can be the only customers of yourself, perfectly legit, under the radar.

 

[niggashit]

Make sure to use RippleNet instead Swift to be more UNDER RADER.

 

[sierra]

Set up in New Zealand.

 

[Nanoo]

explain why?

 

[sierra]

Still a country with rather ineffective banking laws‌ allowing one to set up in the jurisdiction as a quasi bank, provided you have‍ the right staff on the ground.

 

[UScorp]

You are talking about a NZ offshore Finance Company. Forget it. was popular and working‌ a couple years ago. Now you need to show a office with experienced staff. Authorities‍ will control frequently .Costs for rent/payroll, biz expenses are very high

 

[sierra]

And you labour under the assumption that someone with 10m in crypto couldn't afford⁤ to secure those staff? Your use of the term "control" suggests that you're in the⁣ east of Europe. If you kow what you're doing, and are properly versed in the⁢ ways of Australasia, its not hard.

 

[niggashit]

Russians 🙂

 

[void]

:-D

 

[UScorp]

Someone with 10mio wouldn't be so stupid to open a Bank or EMI and buying‌ problems

 

[niggashit]

You can't escape from Blockchain analytics. I just need to input wallet address, it extract‌ whole history including Geo locations and IP address.

Best way is to start your own‍ exchange. Only exchanges can do this 🙂

 

[sierra]

Hence my suggestion of NZ. It hasn't been run‍ into the ground as yet, merely a case of finding the right staff and people⁠ who know the requirements (such as the need for a NZ or AU director).

 

[Nanoo]

bitcoin mixing