Comment by nottorp
1 year ago
Am I, or are you?
Your people are dodging tax, probably because no one has got around to regulating crypto in their jurisdiction yet. Not that I blame them.
In other places where it's regulated and you get taxed anyway, there's no point in losing money on exchanges.
Nope, you're the clueless one.
> Your people are dodging tax
I said I'm using USDC. That makes 0 sense.
No, the reason we're using crypto is because the transaction fees are literally 0 and it's instant.
PayPal takes super high transfer fees. Wise is a cheaper alternative but it's still much more expensive than crypto.
> there's no point in losing money on exchanges.
Once again, I'm using USDC
It's a stable coin tethered to the US dollar.
It's really strange how HN users are so confident on things they know nothing about.
If you keep breaking the site guidelines like this, we will have to ban you. I just warned you about this a few days ago: https://news.ycombinator.com/item?id=39182597.