1·
4 hours agooutbakes9510
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- 13 Comments
Joined 18 days ago
Cake day: February 14th, 2025
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For more varied and detailed recommendations, these might be useful:
https://www.privacyguides.org/en/desktop/
https://www.privacyguides.org/en/desktop-browsers/
4·4 hours agoI don’t know who would benefit from interacting with this.
Going from a Kraken fee of 0.16% to a Binance fee of 0.075% after discounts (while assuming that depositing money one has in a bank account will still work well and that there is no risk from legal liability or of an account being closed) would let one recoup a $250 fee after trading a value of at least $294,117 ($250/((0.16-0.075)/100)). If one is Canadian and would otherwise have to suffer a 0.5% fee, one could recoup a USD 250 fee after trading a value of at least USD 58,823.
Someone that has about $300,000 in a bank account that wanted to use all of it to buy cryptocurrency would probably be able to afford to become a citizen of Saint Kitts and Nevis or Saint Lucia or even Malta, so Palau is probably not actually targeting rich people.
Someone that is making about $300,000 worth of trades but isn’t rich is someone who trades a small value many times each year, and “the vast majority of day traders lose money”. This suggests that, for most people, this will be the final meaningful purchase they make before their net worth declines rapidly. However, anyone that does end up profiting might be inclined to spend more money in Palau (whereas people who go broke won’t even be able to afford to stay in Palau and so probably won’t be able to cause problems in Palau), so Palau might end up profiting from people who lose money and people who gain money.
I happen to have been asked about this many months ago, since at least one person was visiting cryptocurrency meetup events in order to advertise this “residency card”.
The “substantial presence test” is more complicated than you might have thought: https://www.irs.gov/individuals/international-taxpayers/substantial-presence-test
If you spent a full 210 days (30 days from a visa on arrival followed by 2 consecutive 90-day extensions) each year in Palau, but spent the remainder of every year in the USA, you would be physically present in the United States (U.S.) on at least “183 days during the 3-year period that includes the current year and the 2 years immediately before that”. Specifically, the “count” would be 232.5 (instead of 465 since days in earlier years are counted as 1/3 or 1/6), which is at least 183.
It seems the easiest way to avoid being considered a United States resident for tax purposes from meeting the substantial presence test is to not be physically present in the United States (U.S.) on at least 31 days during the current year. If you wanted to do that, there are many places where most United States citizens are already allowed to stay for “365 days” or “1 year” or “Unlimited”, notably including Palau, as well as Marshall Islands and Albania and other countries: https://en.wikipedia.org/wiki/Visa_requirements_for_United_States_citizens
1·7 hours agoThis reminds me of how “civil marriages” started happening in France: https://youtu.be/xD7MJcxQzKU?si=gRfdgFoeRvDEQ658&t=973 https://youtu.be/xD7MJcxQzKU?si=32-fXp928SdiGq0e&t=718
Regarding “restrictions”:
In at least some jurisdictions, the process of getting married involves “a marriage license”, and I think of a license as something that provides a privilege to and imposes an obligation upon someone, and potentially multiple privileges and/or obligations.
A license is “Freedom to deviate deliberately from normally applicable rules or practices (especially in behaviour or speech)”, so if there are any “restrictions” then they just apply by default, and people with a marriage license get to ignore some of them (in exchange for having some additional obligations/restrictions).
Note that might have legal consequences: if they expressed that in a court session it might be considered perjury or contempt of court. In general, people don’t like being mislead, so using sentences that are easy to misinterpret when you could have used a more straightforward sentence will probably lead to trouble.
Some consequences of “represent[ing] to others that the parties are married” can be considered quite negative: https://nationalpost.com/news/canada/no-home-or-kids-together-but-couple-still-spouses-appeal-court-rules https://en.wikipedia.org/wiki/Common-law_marriage_in_the_United_States
I doubt that Joe Exotic has been married at any time in 2025
It seems they were not married as of 1st November 2024
2·2 days agoThis seems to be expressing a similar sentiment: https://piefed.social/post/479856
2·2 days agoThis makes me think about structures that are even more fundamental to the Internet:
- The Domain Name System is inherently hierarchical, and the highest levels are usually controlled by corporations that are much more powerful than I am.
- The process to register a domain name (like piefed.social) requires having a lot of cashflow (it seems that you need to pay many thousands of dollars each year): https://hostadvice.com/blog/domains/how-become-domain-registrar/
- The process to make registrations available with a new top-level domain (like .social or .name) requires having a lot of capital (it seems that you need to pay hundreds of thousands of dollars): https://dev.to/kailyons/tutorial-make-your-own-top-level-domain-name-like-com-org-and-net-jhd
Fundamentally, my ability to send a message between China and Argentina or Fiji and Kyrgyzstan is mediated by a relatively small number of people. For example, the ICANN “key ceremony” is probably not easy for me to participate in: https://www.icann.org/en/blogs/details/the-key-to-the-internet-and-key-ceremonies-an-explainer-11-07-2023-en
I think it’d be hard to maintain connections to people that are far away from me (I don’t know people in very many cities, and I certainly don’t know enough people or have enough money to lay my own cables or launch my own satellites or set up my own radio towers to enable me to be independent of ICANN). Similarly, I’m not about to set up my own postal service or courier system.
