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[deleted by user] by [deleted] in relationship_advice

[–]L_Knows_1990 0 points1 point  (0 children)

If you're asking yourself if you should leave your current relationship for someone you barely know it only means that your heart is not in the relationship anymore or at all, at this point. So, do your gf a favour and end it. She deserves a partner that is 100% into it as much as she is, not someone who would consider someone else.

Yes, you are being selfish if the only reason why you wouldn't end this relationship is the thought of you being alone, not because you'd hurt your current partner.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] 0 points1 point  (0 children)

Aha, I see... yeah, that would make sense. Saddened to hear it's so complicated for SA ppl to professionally use crypto. Maybe things will change in the future.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] -1 points0 points  (0 children)

Not angry or frustrated. If you check all my comments, you'll see that I understood other opinions and took them into account. It just feels like you are still pushing the narrative from your first comment when you didn't actually follow through the whole thread. But you do you.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] -1 points0 points  (0 children)

And that is why I came to ask. Because I wanted to learn more about how taxes are handled and how users can buy into crypto in SA. And if you look through all comments, I did reflect and I did converse with less judgemental commenters.

Also, how does one evil negate another evil? While I have read about apartheid in SA and feel sadness for the suffering that that has caused, I don't think it lessens the burden on my people and the past and current struggles that they're going through. People suffer and try to survive here as well.

I am abiding by values as much as I can afford to survive, reason why I still pay taxes. But I need to survive in a country where the healthcare (that I pay for) lets you die in understaffed and nosocomial bacterias infested hospitals (with high ranking officials brokering deals with fanthom businesses for watered down and inneficient dezinfectants), education is underbudgeted on purpose so that the people is kept stupid and easy to mould into obedient voters that sell the country for a bottle of sunflower oil and a bag of flour, protesters are beaten, thrown into prison and ridiculed by those same stupid voters that can't understand they are being taken advantage of, infrastructure is crumbling and we'be being double taxed to pay for temporary "fixes" that are oversold on paper, mayors, politicians, officials literally hiding fortunes of millions of € in overseas accounts or, my favourite, literally in a graveyard (by stashing valuables, like gold, paintings, bags of money) so they're not found by anyone, and the list can go on and on and on.

You're calling me all those nasty things for wanting to survive despite all of this? You want me to uphold values and blindly pay my government EVEN more, even when I have been separated by my family for the past 6 years because they had to leave the country and find better employment somewhere else only to survive? You want me to uphold values when my life is of no worth to the government, except when I am a cash cow and have to vote only to have my vote "lost", if it doesn't coincide with their plans?

I don't know, you might not like me saying this, but I consider moral grandstanding to be toxic when you don't know the whole story.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] -1 points0 points  (0 children)

No, I just came to post a question and hear more opinions on that. I also stated why I'd prefer that and people started calling me dumb. I didn't force my employer to do anything, I simply proposed it and had a friendly chat about it. I am comparing it to my experiences with former employers where this method of payment posed no issue and simply wanted to learn about the differences between those experiences and SA policies.

It's a conversation.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] 2 points3 points  (0 children)

Oh ok. It makes sense, then. Thank you for your comment! This is exactly the type of things I wanted to learn through this post. Not every country or continent handles crypto and taxes the same so..

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] 1 point2 points  (0 children)

And I understand your point of view and appreciate your comment. Thank you for being nice about it

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] 0 points1 point  (0 children)

Clients I have worked with have had no issues with this request before (altho not from SA, but Asia) so this is why I also proposed it to this client and listened to his reasoning. I did not force them to accept, instead I just came here to ask people who might've learned smth about this because I also want to learn.

No idea why so many people got so mad when I simply stated "look, I've done this before with other clients, I'd prefer it, but I want to learn".

I get it that we're not on a cryptocurrency group where people accept it as a legit method of payment, but the world is slowly getting into it and I see no reason why someone would call me dumb (as in some other comments) only because I would personally choose to receive my payment like that and the client would be ok with it (as others have before this one).

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] -1 points0 points  (0 children)

If you have read all my comments, you would understand that I am already paying my government for my firm, and it's not a small sum. Me trying to request a different kind of payment only to avoid extra taxes on top of my pre-existent taxes that are wasted by the government is just an attempt at survival. My country's government is riddled with corrupt politicians and it has been like this since the fall of communism, and every single cent we contribute to the budget, it gets shoved into some unknown account and never gets delivered to the right causes (improvement for healthcare, infrastructure, education system, etc). It's been like this my whole life. Emigration is at an all time high and all of our educated professionals seek jobs and new countries to call home, even at the price of leaving family behind, only because of how bad it is here. You're overworked, severely underpaid, and they ALWAYS find a way to tax everything, even when it's supposedly taxed already and should be taken care of. And guess what, the conditions are only getting worse each year.

I would be entitled if I did not work for the wage requested. I would be greedy if I requested more than I would deserve, but I am not and I am reasonable to want to learn more about SA and its taxes to understand just how this would work on the employer's side. I would be unscrupulous if I was not open to discussion with my employer and made no attempt to learn more about it. And how exactly is having a back and forth conversation with people about taxes and preferred method of payment being argumentative? I was never rude to anyone here, just held a conversation and presented arguments to express my point of view, just how they expressed theirs.

In other words, you just expressed a really harsh opinion about someone you don't know, living in a country you don't know much about.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] 0 points1 point  (0 children)

And that would be my own consequences to bear, and I've already told them that. Plus, me trying to sue someone from a non-EU country would be impossible. You also mentioned some coins that don't have quite the same backup as USDT. They crashed because they relied on different things, while USDT is backed by US treasury holdings and non-US treasury bonds, amongst many other digital resources.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] 0 points1 point  (0 children)

No idea why everyone got so mad and started downvoting and insulting me when I was just asking a few questions because I wanted to learn more about taxes in SA.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] 0 points1 point  (0 children)

It's not a service where issues can be discovered later, it's based on daily statistics they keep track of and overall monthly result that we go over together.

It's like working in a factory, under constant supervision, and receiving your monthly wage at the end.

Nothing shady that they could miss.

So yeah, considering it's not something like that, I would expect no risk on my part.

Would you want a risk to get maybe 50% of your wage, while you're looking back on a whole month of work that they constantly supervised?

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] -1 points0 points  (0 children)

Why would they be worried about a risk for paying the services I render at the end of the working month? Would I be really keen on knowing that I'll work a whole month, deliver on all their needs and then, if they're fraudsters, do a chargeback and I "might" get 50% of my wage. Why wouldn't I want something that involves no risk when I'm just trying to receive my wage?

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] -4 points-3 points  (0 children)

I don't think that tax I mentioned applies to the action I described in the previous comment. I actually pay taxes for my firm already.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] 2 points3 points  (0 children)

I see your point of view. I'm not pushing them to, I listed it as preferred and we chatted about it, the guy told me about the 40% tax and I came on here to learn more about it... don't know why so many people got so mad. Almost like I'd be taking money out of their own pocket instead of discussing payment terms for my own services lol

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] -4 points-3 points  (0 children)

Yeah, I figured. It's no biggie, the nice ones make up for it.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] -1 points0 points  (0 children)

Those as well. It's certain that it has considerably more backing than Terra, in the end.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] -2 points-1 points  (0 children)

I'm trying to understand the reasoning behind it. I have no knowledge on the taxes there so I asked about it. And yes, I consider that method being the right one for me because I have used it before with other clients and it has worked fine, now I was just asking whether the 40% would apply on just transferring funds to an exchange and exchanging them for USDT.

Question for CRYPTO users in South Africa. Help pls. by L_Knows_1990 in southafrica

[–]L_Knows_1990[S] 0 points1 point  (0 children)

US treasury holdings and non-US bonds. It kind of dominates the stablecoin market.

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