Jump to content

Pasco Bronco

Members
  • Posts

    43
  • Joined

  • Last visited

Posts posted by Pasco Bronco

  1. On 7/8/2022 at 10:46 AM, SAMO said:

    ok dumbass...lol

    Boomer: Rants and raves how younger generations are too dependent on government. 

    Also Boomer: Rants and raves how younger generations owe him and his dependence on government a duty of support.

  2. On 7/8/2022 at 10:40 AM, SAMO said:

    idk who youre getting your advice from but you should ask for your money back...lol

    yes...they absolutely are subject to FATCA reporting so long as you are a US Citizen...lol

    unless you go open a bank account in some place like Iran...that's going to be the case everywhere...lol

    Ok boomer.

  3. On 7/8/2022 at 10:21 AM, SAMO said:

    are you really naive or just really stupid?...lol

    You are pretty slow and stupid, even for a boomer.

    Emirates residents' companies and bank accounts are not subject to FATCA. 

  4. On 7/8/2022 at 10:15 AM, SAMO said:

    not a boomer...just not a retard who thinks just because he lives in some glittery shithole overseas he's immune to paying taxes on my worldwide income...lol

    im sure the IRS would love that argument in an audit...lol

    Report me to the IRS branch in Dubai then lol

  5. On 7/7/2022 at 12:42 PM, NMpackalum said:

    That was before you resorted to calling people names and where they were from instead of being able to support your arguments with evidence.  I suppose that works real well to win arguments in your neighborhood. For most people, being from Noo Messico is not worse than Fresno, but sure, please respond and prove my point about you having to have the last word.

    Boomer is just mad he won't be getting his slice of your pie. Pay him no mind

  6. On 7/6/2022 at 4:39 PM, SAMO said:

    one time someone told me Dubai was going to surpass NYC as a global financial center too...lol

    That's not far from the truth. 

    The carribean offshore banks have been decimated. The US put a serious dent in the euro tax havens, too.

    Dubai is the only reputable non-CRS jurisdiction still going strong

    • Haha 1
  7. On 7/8/2022 at 9:50 AM, SAMO said:

    worldwide income

    if youre a US citizen, youre subject to tax on your income (above whatever the exclusion is - typically $100k) regardless if youre a resident elsewhere or not...lol

     

    No

  8. On 7/6/2022 at 6:33 PM, SAMO said:

    yah...nothing says awesome like overpriced and overheated sandboxes full of surly russian oligarchs and arrogant gulf arabs where you have to pay 25 dollars for a bottle of imported beer and constantly be on guard so as to not cross the honor police...lol

    freedom amirite...lol

    also hate to break it to you...but yer responsible on taxes on yer WW income unless you renounce yer citizenship...lol

    What WW income is that? I'd be a resident of the Emirates, using an EmiratesID, and Dubai bank accounts that are attached to a free zone company. IOW, everything would be protected under their privacy laws, no reporting whatsoever.

  9. On 7/6/2022 at 12:06 PM, SAMO said:

    in what universe is something with no government backing and with no intrinsic value "true currency"?...lol i mean...its a great conduit for laundering money i suppose if you have the stomach for it...but that doesnt necessarily make it "true currency"...lol

    shit could go to zero tomorrow and it'd be even more worthless than zimdollars b/c at least you can light those on fire if. you get cold...lol

    LOL! That's too funny. Bitcoin has never failed but the banksters and "government backing" sure have!

    What's worse is, there was never a reckoning, so they're still playing fast and loose with people's  money

    Right now there is not one nationwide American bank in the top worldwide top 50 list. 

    • Haha 1
    • Super-Mega Idiot 1
  10. Every one goes where they get treated the best.

    You guys are fond of saving face, claiming you don't like the extremist elements in Idaho. But if it really bothered you enough, then you'd leave.

    The truth is you want to have it both ways: you benefit from  the anti growth and anti progressive climate cultivated by the Nazis. 

    I left. And I went to California, where I thought I'd receive better treatment. Then, I received my first bill from the California State Tax Franchise Board! 

    Now I'm thinking of setting up a Dubai residency visa, and living the digital nomad, tax free lifestyle. That would suit me best, I'm thinking.

  11. On 6/25/2022 at 10:02 AM, LuDog70 said:

    Pasco, Crypto is a Ponzi scheme.  There's nothing behind it except others who are willing to buy it.  And that gig is up.  Just NFTs, the bottom has fallen out.  

    Social Security and retirement pensions are ponzi schemes. 

    Paper fiat is a debt instrument for te government's line of credit.

    Crypto is true currency, and has true value. If you need your hand held, then stick to dollars. The govt will print more for you when you get in trouble. Until it's worthless, that is (Venezuela). Or until you get in trouble with the govt and they seize your bank account (Canada).

    • Haha 1
    • Super-Mega Idiot 1
  12. On 6/24/2022 at 4:38 PM, Stealthlobo said:

    Well I bought $10k last fall, worth like $2k now. So she's also stoked she isn't losing money like I did lol.

    I rode 50 BTC (Been into crypto since 2016) down to the 40s. I sold about half, so I lost about $500K compared to if I had sold near peak.

    I'm back to buying BTC now that it's dipping below 20k. If it drops below 15k, I'm going to do my daily limit, and maybe even wire transfers to buy a coin per day.

  13. On 6/24/2022 at 4:33 PM, Billings said:

    not the same.  Can't put crypto in my safe deposit box...;)

    I put mine in my safe and my banks vault. Just buy a hardware wallet, back as many sd cards as you need and you're set.

  14. On 6/24/2022 at 4:08 PM, Stealthlobo said:

    Heh, you know it! She's at $220 now so she super stoked she's made $20 in that week. She now wants to buy more though...

    Yeah, ten percent per week is  a really big deal when you're used to traditional investments. 

    I only buy on Fridays or weekends if there's been really bad economics news. I like to wait until Monday when all the payday money isn't affecting the price. 

  15. On 6/19/2022 at 6:01 PM, Old_SD_Dude said:

    I know I’m probably really showing my age but I don’t understand cryptocurrency. I read an introduction for beginners and I still don’t understand it. 

    As an investment, crypto is very similar to precious metals. There is a finite amount of every crypto. There's also  a fluctuating fiat value, just like metals. 

    Right now, bitcoin is to crypto what Gold is to metals, and ethereum would be silver.

    Crypto has also revolutionized banking. Now anyone with a phone and acces to a bitcoin atm can be their own bank and wire transfer service. Here in San Francisco, the atms have lines around the corner every Friday.

  16. On 6/19/2022 at 2:16 PM, Stealthlobo said:

    My gf bought her first Bitcoin today. $200 worth. She's very excited lol

    It's very addicting. She's probably checking her wallet or exchange every ten seconds lol

×
×
  • Create New...