Pitfalls with crypto taxation: situs of assets, and investor vs trader

[jafo]

You have set ideas & beliefs. The amount︁ of time it will require, for example, one of us to invest in digging you︂ out of that hole, is unfathomable! To get you out of where you are in︃ your belief system would require us to dig down so deep...that it costs time, causes︄ stress, and disrupts our sleep, throwing our circadian rhythm in a quagmire. The #1 predictor︅ of ALL cause mortality is lack of good sleep! stupi#21

If you think your peace of︆ mind is worth paying some useless and unproductive gang members under the ruse of government︇ +50% of your income, who are we to try to change your mind?

I wrote︈ about my Centenarian mom's experience of more than 4 decades vis-à-vis obduration and intransigence here:︉ Crypto is going down the toilet!

Life is simple AF. If you want no problems︊ with tax authorities (read thieves), move to a country where there are no taxes. I︋ moved to Monaco decades ago! I didn't move to "avoid" taxes. I moved to spare︌ myself from doing BS paperwork that some useless and unproductive dastardly parasite can (and will)︍ accuse me of "falsifying." People ALWAYS get this wrong! coo-:!y

 

[WorldCitizen99]

No idea what you're talking about.⁠ I'm talking about lawfully declaring assets but keeping the effective tax rate <5-10% for the⁤ next year.
We can't all get into a tax haven right away.
Yes my goal⁣ is to eventually move to a tax haven so I have no tax and no⁢ paperwork.
In this thread you've been supporting not paying taxes to Mexico and not declaring︀ your crypto and I've been saying I don't want the risk that goes along with︁ that even if other people get away with it.

 

[pepelepew]

O
He means that once you have declared your assets,︀ you can't go back and say you don't own anything, when they will implement some︁ emergency wealth tax to pay the debts, or expropriate some of your real estate to︂ host the unproductive who voted for them. Check the plans of the far left who︃ are getting close to power in france for example.

 

[jafo]

Thank you! I have a buddy⁣ IRL who is also my "interpreter and translator" when I address the "uninitiated."

We're using⁢ the same language, and yet MOST people have NO idea what we're talking about.
Well, back to work for me. Break is over. 😉

Thank you again! I hope he "gets"︀ it now. 🙄