given today's price action
if you were in trading
pivot to tax evading
oh and stablefarming with @Theo_Network thbill/usdc loops on @arbitrum lol
Here's a guide to avoiding taxes, how most people I know do it but CT won't tell you about this:
- Have second citizenship or at least residency in another country (most important)
- These countries should, ideally, not share any banking info between each other. This means no SEPA. Most SEA or Non-EU european countries are ok with this.
- OTC crypto for cash using a trusted party, regularly, <6k per month
- Make regular deposits monthly in the first country (Bank 1), in cash/ATM/teller, sometimes skip a month or two, use those cards/money regularly
- Sometimes withdraw that money (save the slips)
- Use the slips from Bank 1 to deposit to another country's bank, in Bank 2, abroad, while doing OTC crypto for cash regularly
- Bank 2 asks where's the money coming from? Bank 1 in country A. Bank 1 asking where's the money coming from? Well, Bank 2 in country B
- Use various live by using crypto services/nonkyc cards and pay in cash wherever you can, this includes vacations, smaller capital expenses, investments
- You can OTC to Chinese e-money fairly easy using crypto, its in my pinned.
- Feign normal activity: most people live paycheck to paycheck and invest the money on the side, invest that, pay taxes on any profits from tradfi stocks using standard brokerages, maintain a paper trail.
- Make use of "gift" limits from parents/relatives that are not taxable and just need to be declared with a few simple clicks.
- At some point, buy property in country A or country B, wire money from other places.
- At some point, sell that property, pay whatever CGT and maintain a paper trail and be above board at all times.
- Never sell your Bitcoin.
- Use stables on @Theo_Network, especially thBILL loops on Euler and stuff, in order to not have inflation erode them, and farm a cool airdrop
There you go, thank me later, bookmark this.

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