The Living Off of Cryptocurrency Thread (Parallel/Circular Economies outside the system)

B

Based_Christian_Dude

Catholic
As Globalhomo continues to become more tyrannical with their money, we must find alternative solutions. This thread is for those who want to live outside any Government's monetary systems through Cryptocurrencies. If you have questions on where to live or want to know who accepts crypto payments for goods and services, this thread is here to help. If you know any merchants, services, contractors, etc. accepting crypto payments, do share with us. As with any goods and services, do your own research and make sure they are legit. Ensure the sellers have a good reputation!

Let the parallel economies throughout the world be Blessed with prosperity against the unholy Central Bankers!



Multiple Coins:

Monero:
Bitcoin:
 
stadtaffe said:
There was a good podcast interview of the founder of -

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Coin Cards is definitely very helpful for onboarding normal, innocent people into the parallel economy. The problem is that people still are partaking in the system, and arguably a worse system due to the nature of gift cards. But countries that are barely stable financially are adopting the peer to peer transaction of crypto directly.

 
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Why does it really help to have transactions in Bitcoin or Monero or some other crypto, when things are still priced in fiat? If you go to buy a cup of coffee at a place that accepts bitcoin, they still calculate how much bitcoin you owe relative to its price in dollars(or whatever is local).

While it is used as gold/investment, it's not really a currency.
 
cosine said:
Why does it really help to have transactions in Bitcoin or Monero or some other crypto, when things are still priced in fiat? If you go to buy a cup of coffee at a place that accepts bitcoin, they still calculate how much bitcoin you owe relative to its price in dollars(or whatever is local).

While it is used as gold/investment, it's not really a currency.
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Well think of it this way: in pre-2000's society, governments were less powerful and didn't require manipulating the population's actions. Then the 2000's happened (Islamic terrorism, 2008 financial crash, etc.) and governments passed more legislation for their power (KYC, spying on its citizens, etc). So, we now live in a post-2000's society, where the State has control on how society functions due to multiple events (and psy-ops), including fiat price manipulation. For true peer to peer crypto transactions, it subconsciously prevents governments (and central banks) from manipulating normies by misleading people's perception of value on particular cryptos. The value would instead come from true price discovery. Basically Austian Economics.

Now I can't answer for Bitcoin, and honestly I have disdain for it now and what it has become with BlackRock solidifiying it as a security lately, but I can definitely say Monero is used for it's true purpose as a currency. Its price is actually very stable in forex price-points, and the delisting from CEX are also ironically curbing government's fiat value manipulation since you have to go outside the system to get Monero. But anyways, hang around the Monero community long enough and you will understand why it helps to have transactions in crypto.
 
Based_Christian_Dude said:
Well think of it this way: in pre-2000's society, governments were less powerful and didn't require manipulating the population's actions. Then the 2000's happened (Islamic terrorism, 2008 financial crash, etc.) and governments passed more legislation for their power (KYC, spying on its citizens, etc). So, we now live in a post-2000's society, where the State has control on how society functions due to multiple events (and psy-ops), including fiat price manipulation. For true peer to peer crypto transactions, it subconsciously prevents governments (and central banks) from manipulating normies by misleading people's perception of value on particular cryptos. The value would instead come from true price discovery. Basically Austian Economics.

Now I can't answer for Bitcoin, and honestly I have disdain for it now and what it has become with BlackRock solidifiying it as a security lately, but I can definitely say Monero is used for it's true purpose as a currency. Its price is actually very stable in forex price-points, and the delisting from CEX are also ironically curbing government's fiat value manipulation since you have to go outside the system to get Monero. But anyways, hang around the Monero community long enough and you will understand why it helps to have transactions in crypto.
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A paraphrased version of this that I like is, "It would be nice if people transacted in something like Monero that wasn't endlessly printed like fiat, but it also doesn't have the lack-of-privacy of Bitcoin."

My struggle with Monero is just in its lack of adoption so far. People need some sort of reward to make changes like leaving fiat for transactions. It seems like Monero, and even Bitcoin, are struggling to really make that happen.

I don't mean to be a downer here, just pointing out that crypto is struggling to gain adoption in certain ways.
 
cosine said:
A paraphrased version of this that I like is, "It would be nice if people transacted in something like Monero that wasn't endlessly printed like fiat, but it also doesn't have the lack-of-privacy of Bitcoin."

My struggle with Monero is just in its lack of adoption so far. People need some sort of reward to make changes like leaving fiat for transactions. It seems like Monero, and even Bitcoin, are struggling to really make that happen.

I don't mean to be a downer here, just pointing out that crypto is struggling to gain adoption in certain ways.
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Yeah, getting regular civilians in developed countries for crypto adoption is a pain, but I don't blame them as most of them aren't technically or financially literate to understand and care about the grassroots movement or the tech itself. What's worse is that there unjust laws and regulations that are scaring off people from even attempting to learn and apply it to their lives. They need harsh external factors to finally move over into it. But South America and Africa are seeing some adoptions now as a result of the said harsh factors.

I also will say that this hidden free economy does give some interesting entrepreneurial ideas...

 
cosine said:
Why does it really help to have transactions in Bitcoin or Monero or some other crypto, when things are still priced in fiat? If you go to buy a cup of coffee at a place that accepts bitcoin, they still calculate how much bitcoin you owe relative to its price in dollars(or whatever is local).

While it is used as gold/investment, it's not really a currency.
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Consider it foreign transaction without the fee.

While I agree that Bitcoin is moreso a commodity, Monero is designed to be the cash equivalent for the crypto world.
 
Based_Christian_Dude said:
As Globalhomo continues to become more tyrannical with their money, we must find alternative solutions. This thread is for those who want to live outside any Government's monetary systems through Cryptocurrencies. If you have questions on where to live or want to know who accepts crypto payments for goods and services, this thread is here to help. If you know any merchants, services, contractors, etc. accepting crypto payments, do share with us. As with any goods and services, do your own research and make sure they are legit. Ensure the sellers have a good reputation!

Let the parallel economies throughout the world be Blessed with prosperity against the unholy Central Bankers!



Multiple Coins:

Monero:
Bitcoin:
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There’s a few problems with this line of thinking. Bitcoin has high transaction fees. Maybe go for another coin like kas, sei, alph or one of the others.


Monero and privacy coins may not have much of a future because of increasing regulations and fewer and fewer exchanges are allowing buying and selling of monero, it’s still on mexc and you can use a wallet for monero, but the time will come where it gets harder and harder to off-ramp/sell your monero as fewer and fewer exchanges buy/sell it.

And the central bankers still get involved in crypto and are very much at the core of coins like quant but yes I’m overall bullish on crypto obviously
 
eradicator said:
There’s a few problems with this line of thinking. Bitcoin has high transaction fees. Maybe go for another coin like kas, sei, alph or one of the others.


Monero and privacy coins may not have much of a future because of increasing regulations and fewer and fewer exchanges are allowing buying and selling of monero, it’s still on mexc and you can use a wallet for monero, but the time will come where it gets harder and harder to off-ramp/sell your monero as fewer and fewer exchanges buy/sell it.

And the central bankers still get involved in crypto and are very much at the core of coins like quant but yes I’m overall bullish on crypto obviously
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You are forgetting the part where crypto is full of libertarians and anarchists who don't care about the laws and regulations and will actively create parallel economies. But yes, this will deter normies and black pill the semi-enlightened. But if a decent amount of people go outside the system, it will be all be negated anyways, like the alcohol prohibition in the 20th century of the USA.

See here:
 
There’s a few countries in South America or maybe Dubai where you can live fiat free. I’m not sure I’d want that
 
eradicator said:
There’s a few countries in South America or maybe Dubai where you can live fiat free. I’m not sure I’d want that
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Well, North America (US, Canada, Mexico) now is already like South America with all the violent crimes and incompetent governments (though US might be debatable on that still). So it's not like it's that different. Once the US fiat dollar dies and the military displays themselves as wankers, other countries that adopt a sound currency are gonna boom almost equivalent to what the post-WW2 US was in the 20th century.

But anyways, there is already small pockets within the US and Canada where one can live in the parallel economy. In the video above, Aaron Day says he lives off of the parallel economy in his State.
 
Based_Christian_Dude said:
But anyways, there is already small pockets within the US and Canada where one can live in the parallel economy. In the video above, Aaron Day says he lives off of the parallel economy in his State.
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For me, this is clearly going to begin in earnest soon, and as tech rises, so will regionalization and parallel economies. Within 10 years there will be all sorts of places to go, both inside and outside of the USA.
 
Does living outside the system mean not paying taxes? Planning on renouncing citizenship and leaving?
I do not see how transactions done in crypto are free from eyes of the irs. Of course many will try, and some may succeed, but the irs loves making examples of people that think they can outsmart or outrun the system.
Consider the possibilities of cash and barter. At least this is done privately and not on a public, distributed ledger.
We will miss using cash sooner than later.
 
Myrzik3 said:
Does living outside the system mean not paying taxes? Planning on renouncing citizenship and leaving?
I do not see how transactions done in crypto are free from eyes of the irs. Of course many will try, and some may succeed, but the irs loves making examples of people that think they can outsmart or outrun the system.
Consider the possibilities of cash and barter. At least this is done privately and not on a public, distributed ledger.
We will miss using cash sooner than later.
Click to expand...
Yes, Crypto currency transactions if done correctly work the same way as receiving cash thats why I would like to add this option to my business but Im still learning.

The same way you dont record your cash sales in a business you also wont record your crypto sales only the sales that go through your regular bank, even through your regular bank when you get an accountant to do your tax returns most times if done correctly you wont pay tax either as long as your expenses are high and you show very little profit.

I like the idea of the crypto option it will also clear a lot faster, a payment through paypal takes like 3 days to clear, a bitcoin payment clears in a few seconds so it also helps with cashflow, I will still be using all the other payment options including cash but there are some people out there who only deal in crypto currencies, Im still happy to receive cash because I use the cash within a few days so its not like Im going to deposit it into my bank account anyway I carry it on me
 
Myrzik3 said:
Does living outside the system mean not paying taxes? Planning on renouncing citizenship and leaving?
I do not see how transactions done in crypto are free from eyes of the irs. Of course many will try, and some may succeed, but the irs loves making examples of people that think they can outsmart or outrun the system.
Consider the possibilities of cash and barter. At least this is done privately and not on a public, distributed ledger.
We will miss using cash sooner than later.
Click to expand...
Not renouncing citizenship or leaving though
 
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