vaxintar's comments

vaxintar | 2 years ago | on: Binance US No Longer Allows USD Withdrawal for Users

I disagree, it is if you need the goods to buy supplies for you to work.

If I need syringes to work, national syringes costs 3 usd a pack (and they are out of stock) and I can get the same pack for 85 cents in Chile, I'll exchange pesos crocante for dolar blue, cross the border to Chile and get them there.

I wouldn't call it human right, but the idea of amass currency to buy goods seems pretty essential for our modern life.

Although it's sad that tariffs make selling cheap liquor unprofitable in your country, I think we're thinking about different scales of income.

vaxintar | 2 years ago | on: Binance US No Longer Allows USD Withdrawal for Users

What I can't afford is to deal with a regressive tax legislation [], while trying to get US currency in the black market [2] to save and pay for imported goods and without a line of credit because the rate is ~190% and inflation ~130% [3].

I do pay my taxes, also think high worth individuals should be subject of taxation, but your rigid framework leaves out many people that use crypto as their only way to get paid and/or save money because traditional banking system is broken in their countries.

1.

2. https://brazilian.report/liveblog/latam/2023/10/10/dollar-10...

3. https://www.bloomberg.com/news/articles/2023-10-12/argentina...

vaxintar | 2 years ago | on: Binance US No Longer Allows USD Withdrawal for Users

If those unjust laws were changed what makes you think that regressive tax laws that keep coming up year after year won't be changed in the future?

>And there are mechanisms to challenge laws you don’t like that don’t involve simply deciding you’re not going to obey them.

I'm curious about those mechanism to challenge laws.

vaxintar | 2 years ago | on: Binance US No Longer Allows USD Withdrawal for Users

???

The workers are the ones who can't get a job because of the "worker protection laws" you evoke, so you clearly don't understand the problems of Latin America.

This structure only gives them an incentive to travel hundreds of kilometers to a ranch where a bovine died for unknown reasons, for amounts that a western european would spend in a single take-out dinner.

vaxintar | 2 years ago | on: Binance US No Longer Allows USD Withdrawal for Users

Because to hand over the money I'd need to travel 1000 KMs [1].

And if you want to know "why you don't simply transfer through a bank?" I encourage you to read the Corralito wiki.

Just before the Corralito ended, there was an asymmetric pesification of bank deposits. This meant that if you had 100k USD in your account on Monday, by Friday it would be converted to 100k ARS at a rate of 4 ARS = 1 USD, effectively leaving you with just 25k USD.

This event left a general feeling of discomfort regarding leaving real money (in terms of store of value) in the bank.

1. https://www.google.com/maps/dir/Viedma,+R%C3%ADo+Negro+Provi...

vaxintar | 2 years ago | on: Binance US No Longer Allows USD Withdrawal for Users

>in the rest of the world is a harm

Have you ever considered what might happen if that distant, authoritarian state suddenly appeared within your country? It has happened many times before, and I don't see why we should think it won't happen again.

Things turn around faster and faster as technology progresses, at least from my perspective

vaxintar | 2 years ago | on: Binance US No Longer Allows USD Withdrawal for Users

Tax evasion for a business that makes less than 5k usd a year in reveneu?

If you think that's a crime you are delusional about the uses of money.

Crypto allow me to create a structure where people can work in an animal health control for rural parts of the Patagonia (which is around 2000000 squared kilometers, five times the size of Germany and has 1/80 its population) and provide this kind of services for free in many cases.

I can now quit/leave/die and anyone can take my place to coordinate it in the same immutable structure.

And the best part? The state can track all the transactions if they really want it. But I'm sure no one is going to work to find out how six veterinarians got 125 USDC in their digital wallets in July 2023.

vaxintar | 2 years ago | on: Binance US No Longer Allows USD Withdrawal for Users

Thanks to Ethereum (and specially now that there are L2s which have cheaper tx costs) I can distribute revenue from my business between different types of collaborators, without incurring in paying 120% in taxes for having "employees".

In Argentina if someone works for you more than 15/20 hours in a given month you are legally obliged to hire them for, at least, 3 months. The legislation doesn't fit in tons of cases, and led the country to over 35% of working people outside the legal framework.

Crypto gives people living in dysfunctional democracies a chance to participate in the global economy, something that people living in Europe or North America cannot comprehend.

And don't even get me started on why ownership of your money is important but if you are willing to read take a look at this: https://en.wikipedia.org/wiki/Corralito

vaxintar | 2 years ago | on: Cancel Zoning If we want to fix the housing-affordability crisis zoning must go

Zoning changes between countries, states, provinces, districts, cities, municipalities, and neighborhoods!

In my country, there's an even longer list of exceptions to the zoning rules, and that's just at the federal level. I bet in some jurisdictions, a city council can modify these rules by simply adding an exception for a specific area, block, or development.

City planning has to be one of the most underestimated tasks for city officials. No one can really predict what will happen to a city in the near future. Just think about how many cities were *totally* unprepared for COVID in 2020. An official might have an idea as of how the city should grow in the next 10 years, but in lots of places there's an equilibrium easily disrupted by political shifts, economic downturns, or simply global dynamics that have faster impacts than what city officials can anticipate or comprehend.

vaxintar | 3 years ago | on: Trees Across the U.S. Are Sprouting Leaves Earlier Than Usual This Year

I've noticed the same phenomenon where I live in Patagonia. Two weeks ago, my wife noticed that some trees were changing their leaf colors earlier than usual, which isn't too surprising. But then we noticed that wild apple trees and berries were also producing fruits about a month earlier than expected. I joked saying autumn is arriving earlier this year now I'm a bit worried about the whole situation
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