Hi guys,
This is my first post here - great place and I'm grateful to have found it.
I have a couple of questions that I haven't been able to accurately answer by reading through the forum threads, so was wondering if you could help.
To set the scene, I am currently in the process of creating a Belize company with darks. courtesy of @auric. My goals are both anonymity and profit retention.
My plan is to have my UK company (real-name) paying for services from the Belize company (darks), via an EMI (darks).
My first question, is which EMI to choose, and why. I have seen some suggestion that Mister Tango is best suited for Belize, but why is that? What about Advcash and Revolut? What's the difference?
My second question is does the EMI need to be set-up as a corporate account? If so, I've read here that a Mister Tango corporate account costs EUR 500/month, which is too much for me to consider it a viable option. In which case, would a Mister Tango personal account set-up with darks work for my purposes? Bear in mind, the UK company needs to pay someone/something for services rendered - does it matter if its a company or an individual?
My third question, is how to get this money out. I've seen people talking here about simply using the dark EMI debit/credit card for purchases and treating this as your everyday bank, however I have some reservations about storing large amounts of money in a dark EMI, especially having read some stories on here of people's accounts being frozen and losing access to their money. That would be a disaster scenario.
I've also read of people moving the money from the EMI to a Bitcoin wallet. Given the volatility of Bitcoin, the logical next step would be to then convert this into Fiat, but how so? I assume you can't just move from:
EMI (dark) > Bitcoin (dark) > Bitcoin (real) > Bank (real)
... because, if I'm not mistaken, this mysterious new money would then draw attention once it reaches the real bank account.
So far, I have come to the conclusion that the only way to guarantee security of the money, would be to take it out from the dark EMI as cash. This removes the risk of the (sometimes questionable) EMI one day running away with the money or discovering the account is dark and freezing it, and it also avoids the risk of the volatile Bitcoin solution resulting in drastic price differences as time goes by.
However, this solution is far from perfect. We live in a digital world where large amounts of cash are, in themselves, treated as somewhat suspicious, and should I ever want to use the money to e.g. pay off a mortgage, buy a high value item etc, then cash might not be accepted.
The objective of all of this is not just to save money, but also to be able to use it, without a constant fear in the back of my mind that it might someday disappear because it is not stored in my real name.
Thanks in advance for your responses - I'm very keen to hear the different methods that people use to actually access and use their funds on a day-to-day basis.
Albright
This is my first post here - great place and I'm grateful to have found it.
I have a couple of questions that I haven't been able to accurately answer by reading through the forum threads, so was wondering if you could help.
To set the scene, I am currently in the process of creating a Belize company with darks. courtesy of @auric. My goals are both anonymity and profit retention.
My plan is to have my UK company (real-name) paying for services from the Belize company (darks), via an EMI (darks).
My first question, is which EMI to choose, and why. I have seen some suggestion that Mister Tango is best suited for Belize, but why is that? What about Advcash and Revolut? What's the difference?
My second question is does the EMI need to be set-up as a corporate account? If so, I've read here that a Mister Tango corporate account costs EUR 500/month, which is too much for me to consider it a viable option. In which case, would a Mister Tango personal account set-up with darks work for my purposes? Bear in mind, the UK company needs to pay someone/something for services rendered - does it matter if its a company or an individual?
My third question, is how to get this money out. I've seen people talking here about simply using the dark EMI debit/credit card for purchases and treating this as your everyday bank, however I have some reservations about storing large amounts of money in a dark EMI, especially having read some stories on here of people's accounts being frozen and losing access to their money. That would be a disaster scenario.
I've also read of people moving the money from the EMI to a Bitcoin wallet. Given the volatility of Bitcoin, the logical next step would be to then convert this into Fiat, but how so? I assume you can't just move from:
EMI (dark) > Bitcoin (dark) > Bitcoin (real) > Bank (real)
... because, if I'm not mistaken, this mysterious new money would then draw attention once it reaches the real bank account.
So far, I have come to the conclusion that the only way to guarantee security of the money, would be to take it out from the dark EMI as cash. This removes the risk of the (sometimes questionable) EMI one day running away with the money or discovering the account is dark and freezing it, and it also avoids the risk of the volatile Bitcoin solution resulting in drastic price differences as time goes by.
However, this solution is far from perfect. We live in a digital world where large amounts of cash are, in themselves, treated as somewhat suspicious, and should I ever want to use the money to e.g. pay off a mortgage, buy a high value item etc, then cash might not be accepted.
The objective of all of this is not just to save money, but also to be able to use it, without a constant fear in the back of my mind that it might someday disappear because it is not stored in my real name.
Thanks in advance for your responses - I'm very keen to hear the different methods that people use to actually access and use their funds on a day-to-day basis.
Albright
