No not there and my bad, yes Coinfera closed but there are many other options. You also have Binance P2P. The right contacts get you things done quickly in terms of property. If you got money from Bitcoin mining or airdrop you're not going to be able to trace back every single tx to give a proper SoF. Brokers who specialize in crypto properties can get it done easily for you (at least that was the case 6 months ago when my acquaintance got it done this way, idk about now).
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Wait if properties were purchased with BTC where does the bank come to ask questions?
I'm using swiss banks, but they might report at the end of the year, Dubai is supposed not to.
What 9% CIT? I'm banking in Dubai as a person, not a corporation.
How does Binance P2P helps in the picture?
I haven't used it so excuse me if asking something stupid
when you sell properties they can ask you how did you buy these in the first place.
If some banks refuse your business because of level 2/3/...n unacceptable (in their view) SOF, can we still assume there will be banks that will accept legit property sale proceeds with no further question asked?
International laws are complex, can someone elaborate on money laundering liability regarding multiple layers of assets and financial institutions?
is there some period of years after which they no longer ask? For example, you've bought the property 5 years ago and decide to sell now because of the raising prices, would they still ask? Is there a limit to this non-sense?
@PinkCat , my response was in context to the
Assets can be gifted or donated, I hope you get the memo.is there some period of years after which they no longer ask? For example, you've bought the property 5 years ago and decide to sell now because of the raising prices, would they still ask? Is there a limit to this non-sense?
I will indirectly lead you down a path to understanding "law". There was a thing called Seriatim Opinions in the Supreme Court. They abolished that because it only proves that even learned justices NEVER agreed or came up with the same reasons for their decisions.
The point is that even learned justices can't agree with each other. Now imagine the "people" working in tax offices.
Further reading:
(1) Seriatim - Wikipedia
(2) The "Seriatim Practice" of the Supreme Court - Yale University Press
(3) Seriatim - Simple English Wikipedia, the free encyclopedia.
PS. I can cite case after case where this is obvious, but one should only know that courts are like casinos., The house usually wins.
if im right only have personal account, not business , and in my case dont have cards for my EU countriePM me first since I can't PM
About that friend, did ENBD asked SoF? Did he have previous history or introduction with ENBD. Can you get me in touch with him to ask him bunch of stuff?
Xapo is weird. You have only SEPA but only USD balance. So you will suffer the exchange rate all the time. I don't undertand what they are doing honestly. Otherwise with their history they would be a solid choice. Waiting for their card to be available for my country too.
I think Revolut not best friend of exchanges
are you sure, many people told me careful with sending from exchanges to wise and revolut
I have wise and even never send from exchange, because many people told me this
If the exchanges don't ROB you, the banks will!
It's 2024...where have all you people been?
It seems you are all stuck in 1999, or this is deliberate disinformation!
SWIM (Someone i know, for those of us who are in forums since 1999) has life changing amounts of money, but all in crypto.If the exchanges don't ROB you, the banks will!
It's 2024...where have all you people been?
It seems you are all stuck in 1999, or this is deliberate disinformation!
He is very scared to try and move funds to banks and exchanges exactly for that reason.
He continues to work 9-5.
thank you but what you mean? that kraken to Revolut and wise work fine? i insist many people told me having problems with Revolut and wise if send from exchanges like krakenIf the exchanges don't ROB you, the banks will!
It's 2024...where have all you people been?
It seems you are all stuck in 1999, or this is deliberate disinformation!
Welcome to OUR world!
He is NOT scared! It's called being WIDE AWAKE and prudent!
(1) 1% of the cases - I only get CASH from trusted non-KYC sources. I wrote looonnngggggg time ago about this. Everyone has to find their OWN trusted source, as this is a mutual one-on-one agreement. Recommendations and referrals do NOT exist in my world or with my sources. How can it be? Only two people are allowed to meet. The seller and the buyer. There can't be anyone else present.
Also, think about it... What's the upside? Exactly....there is NONE!
Your SWIM is super correct! He just now has to find "trusted" NO-KYC people who will give him cash for his crypto! He doesn't even have to "send" the crypto. Just hand over the ledger, trezor, or even phone, and let the buyer handle it from then on! That's what I do.
(2) 99% of the cases - We use crypto to pay suppliers in Asia directly. There is no bank in the middle BS. Quick and super efficient. Super low cost! No funds frozen, no stupid questions. No docs are required—no invoices, etc, etc. No contracts!
Good for you! If it works for you, you are GOLDEN! Good luck!
For others, we have examples like these:
I'm NOT interested in shenanigans with banks or exchanges. To each their own, though!
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Sorry but that is stupid. You could have copy of the seed and recreate the wallet elsewhere and double spend. Its huge risk for the other side, not to mention inefficient when you can just 1 click send to his address.
@Frank in Bangkok , do you see what I mean by the absence of high trust nowadays?
What's the remedy for this?
Can you imagine if I bring someone who thinks this way to a "HIGH-TRUST group?"
It was mentioned here: Hawala Provider
----------------------------------
To answer @PinkCat now...
We have already discussed HIGH-TRUST cultures here! And "cultures" are NOT limited to ethnicity, race, religion, or whatnot. It's about a particular type of individual and his mentality!
I was going to go into a lecture, but why? It will all fall on deaf ears! This is something parents should teach their children when they are infants.
I'm NOT going to go into what WILL, unequivocally, happen to me if I try to pull off what you mentioned.
Needless to say, it will NOT involve cops, lawyers, prosecutors, judges, courts, or any other useless and unproductive man-made fantasies to extract value from men who produce.
----------------
Now....my upbringing...
If I did that, and my parents found out (and they will), my OWN parents would "send" me back to where I came from. No doubt! I still have a scar from when I was a kid, and there was a rumor some white kid (we were less than 0.5% of the population back then in that country) "stole" some grapes from a tree in someone's backyard. I won't get into the details of what my French/British mom did to me, but I would rather hang out at Guantanamo being waterboarded than have to go through that again.
On a f*cking RUMOR! Luckily for me, a very astute German lady, a psychiatrist, quickly jumped in to discover that some of the locals just wanted the parents of the white kids to punish & beat them for something that NEVER happened! 
Bruuuuhhhhh... had Frau Hildegard (RIP) NOT done that, by the time my dad arrived home from the oil fields, I would have been history!
I was six at that time!
Actions of the "HIGH-TRUST group/society" are primarily based on the concept of "What We Owe To Each Other."
I am at a COMPLETE LOSS of how to explain ethics and moral philosophy to anyone! I've had to study that from a young age and don't even have to think about it anymore. It comes naturally to me.
On the topic of "What We Owe To Each Other," the best I can suggest is reading the works of the German philosopher Immanuel Kant (1724-1804).
--------------------------
In summary, my business is based on 100% trust! There are ZERO contracts!
(1) Sometimes, I ship millions of "Kuwaiti Dinars" (have to point to a neutral currency to keep the leeches at bay
) in merchandise to my buyers. My buyers can tell me to go f*ck myself after they receive it. It has NEVER happened in +4 decades. This is the HIGH-TRUST society Mr. @Frank in Bangkok was alluding to.(2) Sometimes, my clients send me millions in "crypto" (used to be wire transfers, but the cabal is hellbent on ending competition now) to manufacture or purchase products for them. A person devoid of integrity and honesty could "hallucinate" about doing a rug pull, but that thought has NEVER crossed my mind. Like I said, my parents would be so disappointed in me...and they both are already resting in peace, but I have a conscience, and I refuse to be another POS. That market is heavily saturated.
Cheers!
It doesn't necessarily have to be Binance P2P; any trusted business dealing in crypto can suffice. Keep some invoices handy in case you need to provide an explanation. Your property contract in the UAE can specify that you paid in cash. Where did the cash come from? Your business bank account. How did the money get into your business bank account? From selling your crypto to a trusted business that exchanges your crypto for fiat, providing invoices for all business-related transactions. So, don't stress about it too much.How does Binance P2P helps in the picture?
I haven't used it so excuse me if asking something stupid
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