News for hackers. Stuff that matters.
Re:Binance US No Longer Allows USD Withdrawal for Users by Aurornis on Wednesday October 18, 2023 @12:24PM (#37930977)
> I can distribute revenue from my business between different types of collaborators, without incurring in paying 120% in taxes for having "employees".

I'm always fascinated when people come right out and say that the primary use case of crypto is evading laws and taxes.

The strangest part is that using crypto doesn't actually exempt them from the law any more than using a bank account to wire money around. There's just something about crypto that makes some people think it's a safe haven from legal oversight.

Re:Binance US No Longer Allows USD Withdrawal for Users by Xelynega on Wednesday October 18, 2023 @03:58PM (#37933975)
There's just something about the "techiness" of cryptocurrencies that makes people think current financial laws don't apply to them.