Damus
Cyph3rp9nk profile picture
Cyph3rp9nk
@Cyph3rp9nk
Living with Bitcoin.

Lately I'm a little sad because Bitcoin adoption by "common" people has been slowing down.

I would like this post to serve to collect ways to use our Bitcoin without having to pay taxes, since paying taxes is totally immoral.

I am not a tax expert, on the contrary, I simply give information that I have been collecting and especially for European citizens.

The first way which is the one I like the least, which is to exchange your bitcoin for FIAT and buy products with it, the question is that you can not do it in your bank account in your country because if not, the tax authorities will knock on your door. You have to do it through neobanks that give you an iban outside your country and if it is possible that this is outside the European Union better, you also have to keep in mind that this account can not relate it to the account of your country because to make a transfer in either direction, through the CRS system the treasury of your country would know the existence of that account. The operation would be to sell on the exchange and transfer it to this account and use the card to pay for goods and services.

Here are some neobanks, it would be helpful if together we can expand this list:

Revolut - Lithuanian IBAN
Bankera - Lithuanian IBAN
W1tty - British IBAN (Does not allow sending to exchange)
Wise - Belgian IBAN (Does not allow sending to exchange)
Tap - British IBAN
Icard - Bulgarian IBAN
Dukascopy - Swiss IBAN
Advcash - Lithuanian IBAN

The next solution is the one I like the most, being able to use your Bitcoin to buy goods or services:

https://www.bitrefill.com/

And we have this excellent @DarthCoin ₿⚡️ guide:

https://darthcoin.substack.com/p/pay-bills-with-bitcoin

It would be appreciated if we could expand this guide together, the only solution for Bitcoin to succeed is to use it, it is useless to have it stored until the end of the days.





179❤️13🤙18🍀1👌1👍1🔥1
Slimey Limey · 140w
I don’t think is stopping at all. But more info out there is great, it might change someone.
Sovereign Being · 140w
Good info, thanks. I think sadly that the average person will only adopt when they are left with no choice (their local currency collapses) or when the markets are euphoric. Bear markets, which we are still in, are of course the optimal time to get in, but people are on fearful to enter on average ...
npub1ljv5m3x · 140w
One small thing we can do is ask business if they accept bitcoin, if no boycott them when we can. And also add places to btcmap, even if they don't accept it, at least people will go there and ask, then boycott them.
sto · 140w
We moved 2 months ago near Lugano. The adoption is amazing compared to other places. So nobody knows what I bot when using my "clean" wallets. I'm avoiding the "crypto cards". It makes no sense to me to use them. I don't want to support the tradfi. Further, everywhere when I have to pay for someth...
nikotsla · 140w
We need a critical mass to avoid the state, and it's still a long travel. Maybe some https://lnbits.github.io/lnpos/installer/ installed and promoted by BTC communities. You always have the input/output to fiat problem for a merchant :(
bitcoiner7 nym · 140w
I'm with you on thinking about this. I don't want to be paranoid but I do wonder if using neobanks within the European Union is safe, from the risk of government overreach perspective. Governments in EU can collaborate on tracking us down. Perhaps Dukascopy from Switzerland is a better choice. Bu...
Ronin · 140w
Revolut disabled my account for buying and selling btc. We can all have workarounds but the best option is to increase merchants adoption, that sadly seems like it's going very slow.
Keel · 140w
IMHO, in Europe and US, it's almost a deadend now. There are simply almost no use cases for average people and businesses where bitcoin can serve as a better MoE (cheaper and/or faster) compared to cash and banks. As a SoV, bitcoin is another (risky) investment that fluctuates wildly (ie, it can gi...
sperry · 140w
start getting paid in btc demand it for the service(s) you provide the struggle is real
mrclownworld · 140w
The Bitcoin Company also great
bum · 140w
i tried quite awhile ago, to discuss btc real estate but got ignored, so might not even care to progress it either , is my op. 🤷🏻‍♀️
nostrich · 140w
I only ever use #Monero.
BitcoinLoveLife · 140w
Acabo de estar en El Salvador hacia pocos días, e incluso allí su uso es residual, no lo acepta casi nadie...
idsera · 138w
What about https://www.xapobank.com/? They are pro bitcoin.