Trying to figure out my strategy for the coming years...
My cost of living here is super low, and I'm totally happy living this way, especially as I see a chance of becoming a ghost online. I can get by with 1-2k USD a month in fiat easily, and prefer to keep assets totally off any radars.
These are some "cryptoflows" that I see as realistic the next years:
How will Europe treat someone who has just a tiny footprint with different smaller transactions all over the place some years down the line? As of now one would probably just be written off as some useless bum lost in Asia, hopefully that will be the case also in the future ;-)
Will AI be able to detect almost any structuring in the near future? Will going down a route like this force me into at some point taking on higher risk by more or less end up having to do darks or fakes simply to survive?
These are not things that bother me a lot, I'm a tiny fish in this game, but I'd like to have a clear strategy to stay focused so that I can rebuild in an informal way ONLY, based on privacy tech & coins ;-)
My cost of living here is super low, and I'm totally happy living this way, especially as I see a chance of becoming a ghost online. I can get by with 1-2k USD a month in fiat easily, and prefer to keep assets totally off any radars.
These are some "cryptoflows" that I see as realistic the next years:
- Spending on services that take crypto. There are already lots that I do pay with crypto, like VPNs and servers.
- Building some network trading crypto and fiat cash in hand. This could also yield some profit, but requires work on the ground to get it going for real.
- Selling some using bank transfers domestically. This would be mixed with selling off stuff that I don't need, like camera & IT gear. That way there is a good front for these types of transfer worst case. Another option here is to declare some of these to create a minimal tax bill.
- Withdrawing some using EMIs outside of Thailand. Want to be careful here, can keep it to small, random amounts that I can later claim is for informal work or sales.
- Trading gold and crypto. (Also have gold enough to live for years here this way, worst case). Gold can always be converted easily to cash here, and vice versa.
How will Europe treat someone who has just a tiny footprint with different smaller transactions all over the place some years down the line? As of now one would probably just be written off as some useless bum lost in Asia, hopefully that will be the case also in the future ;-)
Will AI be able to detect almost any structuring in the near future? Will going down a route like this force me into at some point taking on higher risk by more or less end up having to do darks or fakes simply to survive?
These are not things that bother me a lot, I'm a tiny fish in this game, but I'd like to have a clear strategy to stay focused so that I can rebuild in an informal way ONLY, based on privacy tech & coins ;-)
