ryandefi

So, what’s the deal if you inherit a Binance account from someone who just passed away? Imagine they had around 200k in tokens right when they died. Binance claims you can get those crypto assets back if you can show…

Like saying that the entire account was donated to a family member who lives in South America. I don't think they can tax me for sending a 20k wallet (or its content) to someone who is not a resident in the country in…

I know this same system from when I played online poker (about 12 years ago) and it is the reason why I never got involved before. I was interested with BTC at $200 and of course I regret not getting involved. But I…

I'm planning to drop 20k into a few cryptos. I'm based in Belgium and trying to figure out how the tax scene rolls for crypto profits. Looks like our government is shaking things up with tax forms, adding a section for…

That is the wrong math, nearly always described with that argument. If an XRP God candle prints, it will not come from a giant increase in market cap. It will come from an available supply shock. Unlike BTC with fixed…

In NGRAVE, I can swap my tokens in coldstorage (XRP and BTC) directly from coldstorage via a third party that they work with. I don't trade frequently with these 2. In fact XRP will never be sold and BTC will only be…

So I'm a newbie here. I've got my BTC and XRP in an NGRAVE cold storage device for long-term holding, totally air-gapped. They’re working on swap options but for now, it’s all through a third party. In the future, I…

I am not sure but from my experience I think you are wrong. I don't open weird emails either and it still looks like I was a victim of some sort of hack. You could be browsing on any normal website, click on "play" of…

I took everything into consideration and the new laptop is on its way. The current one (history with malware and even 1x online credit card fraud) is 7 years old anyway. I will use the new one strictly for purchasing…

Does this mean that in case of an attack of the banks on crypto, they can take down ledger and therefore my BTC? I really expect a war of the banks vs the exchanges and I need to secure my crypto in the best possible way

I don't see how there is an other option to buy BTC. For this purchase we are all exposed to the internet. The laptop I am using at this point (MacBook) is about 7 years old. I am going to need a new one anyway. So in…

Could you give any specific examples? And what is the cost? I purchased a nano ledger x. It's unopened at this point. Pretty painful to throw it in the garbage bin.

I’m thinking of putting 50% of my savings into BTC next week, which means I’ll be buying 1 BTC based on today’s prices. I know a lot of investors would probably call this a dumb move. But here's my plan: I'm ready to…

1) She has a property in Brazil 2) She has an active Brazilian bank account 3) She has not given up tax residency in Brazil. 4) There are plenty of ways to hide an IP address, or put it in Brazil through VPN. I don't…

This is my intention. For now I don't have to do crazy things to get away with low tax or no tax. My country has a annual 10k euro tax exemption limit per person. So I just donate 10k to 4-5 close relatives, convert it…

Gift taxes between partners are very low in my country. Like 1% or even exempt from taxes under a certain amount. So that is safe. With regards to tax residency.. In theory she is now a tax resident in my country (EU)…

I'm based in Europe, and my wife is from Latin America. She's been living and working with me in Europe for about two years now, paying her taxes here. The thing is, she hasn’t informed her home country that she’s no…

Sigh.. Paranoia I am a self employed physician. The way taxes work in my country is that you report your gross wage to a local accountant. You also report your professional expenses (taxes, gasoline, car downpayment..).…

The thing that bothers me is that this kind of taxation, and later on maybe other legal fights (mining is bad for the planet..) are likely to prevent mass adoption. Which is necessary for the price to skyrocket. Besides…

My country is Belgium. In most of Western Europe, banks plan to attack crypto with huge taxes. And yes tax evasion is criminal. There is a difference between avoiding taxes legally, and tax evasion though. Tax evasion…