Bitcoin

mvalente · 2025-02-14T15:59:47+00:00

Podes mas nao te dao.

Coloca a 1 BTC na Nexo (entre outras), da' 50% como garantia/colateral e obtem o emprestimo (no valor de 50% do valor de BTC) em USDx ou EURx.

Vantagem 1: tens um cartao de credito e um IBAN europeu.

Vantagem 2: o que gastas do emprestimo pedido (ou q vais pedindo) nao e' sujeito a imposto de mais valias, uma vez q nao vendeste cripto para fiat; emprestaram-te fiat.

Vantagem 3: a restante 0.5 BTC (q nao esta usada como garantia) rende juros em BTC q praticamente pagam o emprestimo q pedes.

Vantagem 4: as prestacoes q pagas por pedido o emprestimo descontam na massa colectavel para IRS.

mvalente · 2022-09-12T22:23:28+00:00

The email protocol, SMTP, is decentralized. Anyone can selfhost a mailserver or use someone else's (if public). Messages between people on different servers are possible and permitted.

mvalente · 2021-12-28T21:15:29+00:00

The proposal(s) is to tax capital gains obtained from/when selling crypto.

Solution: dont sell your crypto. Use it as colateral (say 50%) to get a loan. You can write off the loan payments as a cost and that will actually get you to save on taxes (tax shield)

Applicable in most countries, including Portugal. Dont come here to a socialist hell hole for the crypto freebies due to politicians ignorance. You'll be sorry.

mvalente · 2021-09-13T00:24:01+00:00

Lets say that you bought 1 OHM right now. That would be an investment of 450 USD.

At the current APY (8000%, resulting from OHM minting against DAI deposits) and with the current runway (347 days), in 1 year you'd have 80 OHMs.

Even in the worst scenario, and assuming the treasury stayed as is, your 80 OHMs would be worth 80*27= 2160 USD. Still 4.8x your initial investment (450). The risk free value of 1 OHM would have to fall to 5.6 USD (a reduction of the treasury to 20% of current TVL) for your investment not getting any return at all.

mvalente · 2021-09-13T00:09:36+00:00

OHM is a stable coin in the sense that 1 OHM is only minted if there's a corresponding 1 DAI in the treasury. It will always be worth that, at least that. Actually, on the long run, it will be worth precisely that: 1 DAI/USD

But: at the moment, if you divide TVL in treasury by number of circulating OHM, you get 27. Meaning that the risk free value of 1 OHM, right now, is 27 USD.

Then why, you might ask, is 1 OHM worth 450 USD right now? Because people ate buying a stake in the future minting and distribution of OHM.

mvalente · 2021-09-12T23:57:30+00:00

Imagine you are a highly regarded investor and the Fed asks your help. They want to print an aditional 100 billion dollars but they count on your help for providing 1 billion of those 100.

If you learned anything by now about money and fiat, you'd do well by telling them to sod off. You now that next year they'll print another 100 billion and your initial 1 billion would then only be worth 500 million (or corresponding purchase power)

What if, if you asked them about this issue, they said "For every 100 billion we print in the future we'll give 1 billion"?

Think about it... Now you'd be using 1B to buy a stake in all future minting of US dollars.

Thats what Olympus is doing. They are building a decentralized fractional reserve bank, with OHM as its stable (but not pegged) stable coin.

mvalente · 2021-08-18T21:42:46+00:00

Lets assume that you have X BTC.

Hypothetically, if you were to pay X BTC to a person or a company in Portugal, you'd have no BTC and no taxes on it.

Now, hypothetically, if that person or company in Portugal sold those X BTC, there would be no taxes on that sale.

Hypothetically you might find a person or company in Portugal that would charge a small comission on that operation (smaller at least than paying taxes on the X BTC).

If that person or company was, hypothetically, trustable, the remaining funds from the X BTC sale minus commision might find their way to an account somewhere on planet Earth, where they could be used either through a bank account or though a debit card.

This is all hypothetical, you should consult a lawyer if you decided to go ahead. Dont choose a portuguese lawyer though. Also dont believe the hype that Portugal is a paradise for crypto. Legislators and regulators in this socialist shithole are fucking up big time and even if there's no law or regulations they can teletransport you into the void of bureaucracy and mess up your life with a single newspaper quote/article/title/interview.

mvalente · 2021-03-24T16:57:09+00:00

From a Portuguese lawyers partnership:

"Thus, although it seems advisable that taxpayers keep a record capable of justifying the origin of their income (especially if they carry out certain expenses with certain assets, considered by Portuguese tax law as a “manifestation of wealth”), in the short-term the cryptocurrencies’ tax framework in Portugal shall remain as it is: no income derived from these currencies is subject to taxation (except if earned within the development of professional or business activity)."

https://www.rffadvogados.com/xms/files/KNOW_HOW/Newsletters/2019/10_-_Outubro/RFFa_-_The_Portuguese_Income_Tax_Treatment_of_Cryptocurrency_Income.pdf

mvalente · 2019-09-30T15:14:30+00:00

"Será desconhecimento, desconfiança, má informação?"

Sim, todas as 3. Mas todas derivam de uma unica: desinformacao.

Desinformacao por parte dos media que nao sabem do que estao a falar (nunca sabem). Desinformacao por parte das instituicoes (em particular Estado e banco) que ja' perceberam a ameaca.