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Jenkins9039

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Everything posted by Jenkins9039

  1. Up in nominal terms, down in real terms, currency debasement means its flat, gold is -4%, real estate -2.5% yearly back to 2013. Only the NASDAQ +6% against debasement and Crypto (+%) are higher. So yeah 'richer on paper' but can buy the same or less.
  2. Validating (overseas company). Mining - Have looked at buying land on a river and producing hydro and then operating a BTC mining farm. It's not worth mining with where electrical costs are and where they are going in Thailand (most energy is imported), unless you resolve the supply (generate), then it's pretty much a safe business move. Have a mining op in Africa (hydro).
  3. I believe the director is on the hook for it, i know a Aussie that got taken to court (criminal) for 600k and he was only a 1% owner of the company, the other parties closed the company and moved abroad.
  4. It's a surveillance tool -> US has it hooked into NSA, CIA, FBI etc, hence they ok people going and then have FBI etc waiting at the plane door. Europe with increasing populist rise ups against the establishment will use it in a similar manner.
  5. https://www.inventiva.co.in/trends/oecd-data-on-foreign-real-estate Might change all this, will also bring to light a lot...
  6. TBF who can blame them, the sheer amount of information gathering they need to commence to please the US is absolutely crazy.
  7. With it increasingly being difficult to retain a bank account in the West whilst residing in Thailand (or similar), an increasing amount of people hold their overseas savings/wealth in stablecoins or similar digital representation (non speculative). Stablecoins being the equivalent (though riskier) than holding funds in a bank, but bearer based (like cash), one could/would argue, a $ based stablecoin or Euro, pound etc is no different to their overseas bank account which if they bring funds from, into Thailand would be tax free *its savings*. Yet if you use an exchange theres fees, and possibly tax because of the way Thailand treats such. Is there a form of a collective P2P network? - If so there should be.
  8. Why on earth not, you'd probably find she knows the place inside out.
  9. By 2026 the balance sheets of Western Central Banks will rise by something like 40% That's a currency debasement there, so even if they just up it a notch the pensions still won't be worth <deleted>, Thailand's currency will strengthen over the next 5-15 until they hit their own demographic issue.
  10. Lavrov was opening a consulate on the grounds of a Freehold company owned by a British Billionaire. Bit rich.
  11. Nature of P2P is interesting, i.e if its not Thai citizens then P2P overseas and into a Thai bank will be routed via TradFi. If P2P to Crypto to Fiat via say Binance then i'm not entirely sure how they are going to determine unless Binance is doing some form of CRS. As for Exchange (Satang, Bitkub etc) I'd imagine this is screened already.
  12. - Some debasement coming down the road in 5-15 if they can't stop doing that and sort their demographic issues.
  13. I pretty much live a western life, why is this such a big deal?
  14. Was an absolute gem, much like Koh Rok Yai/Nai is (except the piles of rubbish caused by the army being based on the island). Haven't been back since they started getting traction, but was our go-to place for sailing, or even a road trip down south to the farm.
  15. Swissborg (swiss) TAP (british)
  16. https://www.defense.gov/News/News-Stories/Article/Article/3458135/biden-approves-mobilization-of-reserves-to-support-eucom/
  17. Well at least they have learned from history [WW1,WW2] and Ukraine, they will be using the 40-55 yr olds first, instead of the youth and creating additional demographic issues (might actually resolve a lot of demographic issues).
  18. I just stopped using them when they introduced this new requirement, much like Bitkub years ago. Easier to just shift to a new company or outside of Thailand so the Gov loose the revenues.
  19. Not exactly true, there's 63,000 western troops amassing to enter the war under 17 brigades, in addition the US has recalled it's VET's for deployment to Europe, same in the UK.
  20. Still got a way to go if it's gonna be worth exiting.
  21. Honestly easier to just use a OTC or off-shore exchange i'd imagine. Liquidity on Satang isn't great at times.
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