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El Guiri
9da75b1f4e3f5ac9779ebecd27ca8032b2632389e1f00e8f9eb5ecd40f24dc6d
Geologist and nature lover

Exactly. That so winds me up. “What’s your price target?” Like err 1 btc = 1 btc. It’s the same level as “I can’t afford one”.

Gonna invest in a recording device with a speaker and my responses on repeat. Or mayyyybe it’s time for a t shirt!

So time goes by. I put a comment on nostr saying I was looking for orphans to turn into strippers and got no comments! Maybe lack of hashtags. And yeah, there’s nothing dodge!

#nostr

ETFs are so low frequency. Just take custody. It should be yours, that’s kind of part of the point!

#bitcoin

https://freemanlaw.com/cryptocurrency/costa-rica/

This explains a bit. I think the real issue in CR is not the tax issue, it’s the problem of actually exchanging. I stack and spend. People selling to build property do P2P in cash only and to bring into country there’s 1 btc escrow service that can go to fiat to purchase.

Hope that helps kinda understand!

My guess would be they're just testing and by the looks of the flame colour, there's a lot of oil present too. But yeah, lots to be done in that space. Am going to try to find my way in somehow!!

Where are you researching? I would strongly recommend research on Costa Rica and legislation etc to be taken a little with a pinch of salt. When I moved here, my wife disappeared into a room for 3 months and came out having read the laws of the country (she's spanish and loves that kind of thing). It was only then that we truly realised how much of all the research we had done online or by talking to lawyers here was utter rubbish. If you are truly interested in the state of things, I can put you in touch with someone who has a company that deals in bitcoin related endeavours and who are personally sitting down with ministers. Be really careful what you take from online research. The crazy thing there is quite how much can also end up being incorrect on the government sites. When I deal with my tax related things, I went to a couple of lawyers and 3 accountants for advice. Got different stories in each place so just went to the tax office and sat down for a chat with them directly. Nothing I had been told was correct!

Hope doesn't sound blunt, not meant to but there's a lot of gibberish here as many people trying to take advantage of new comers by offering services that simply aren't required.

And the answer:

In sum, the government of Costa Rica has been hesitant to recognize cryptocurrency legally. Costa Rican agencies so far have declined to categorize cryptocurrency as a monetary currency. Specifically, the Central Bank of Costa Rica (CBCR) declared that cryptocurrencies are not “legal tender,” “monetary currency,” or “foreign currency.” Nevertheless, cryptocurrencies may be classified as “quasi-money” or as a “means of payment” under Costa Rican law.

Basically, it’s kinda considered cash but not legally defined as such. Under the legal concept of means of payment, it is considered cash equivalent. Cash has no capital gains.

This response is from a group here that deal a lot with the government relating to bitcoin in CR. PV!

I’m not sure to be honest. I can try to find out though

El Salvador made bitcoin legal tender. Costa Rica is different. Here, legal tender is colones or usd but the law states that any transaction or contract between private individuals can be settled in whatever the hell they want if the so agree. This is why Bitcoin adoption is growing.

PV

#bitcoin #costarica

The great greening definitely done! And the critters are out

#costarica

GM nostr ☕️🌞

Remember true capitalism is the investment of capital, not just Cantillonnaire debt debauchery. Listen to inner thoughts and friends with ideas. Save in bitcoin, invest in ideas!

Hmm sounds like the cost of a flight, 2 implants, hotel and holiday to me. Time to look at destinations!

Did it really ever mean anything? Surely it was just a trigger term to try to label people in a negative light to put other people off actually listening to what they had to say. Simple mind control

it's just Costa Rica man. Nothing lasts here and it changes some of the perception I think. I've never been very materialistic but it is interesting watching people move here who are and slowly having that eroded by entropy of a tropical environment