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TheFuzzStone
thefuzzstone@nostr.fan
npub1test...5l24
Agorist โ”ƒ FOSS enthusiast
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TheFuzzStone 2 months ago
Yes, the price of Monero went up. But even so, it can't replace me __the feeling__ I get when I onboard a new merchant start accepting XMR as payment for goods/services.
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TheFuzzStone 2 months ago
This post particularly upset a two-faced snake from the Dash community, whose hands were shaking with rage as he took a screenshot of the "Markets" tab on Goingecko. The level of pressure that Monero has taken on... No other crypto project - neither before it nor since - has ever faced anything like it. And the only result of this regulatory pressure has been that more merchants have started accepting XMR directly. Pure agorism. ๐Ÿ˜Œ #monero #xmr image
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TheFuzzStone 2 months ago
Ok, continuing with the posts about Asian countries and CRS information exchange... Let's talk about Latin America now, and if you are still naive enough to think that you can hide from the state in a boomer relic of the past called "offshores." ๐Ÿ‘‰๐Ÿป Panamanian accounts are no longer that secret. What has changed in Latin America? While many believe that banking exchange only concerns Europe, a quiet but very important turning point has occurred in Latin America. The OECD has published the "Tax Transparency in Latin America 2026" report. In 2025, thanks to the exchange and disclosure of assets, countries in the region received 576 million euros in additional tax revenue. And since 2009 - 29 billion euros. This is 21% of all additional taxes globally. Today, Latin America is part of one of the largest tax cooperation networks in the world. CRS (Common Reporting Standard) has already been launched by: Argentina Brazil Chile Colombia Costa Rica Ecuador Mexico Panama Peru Uruguay Paraguay will join in 2027. In 2025, tax authorities in the region received information on 5 million foreign bank accounts holding 463 billion euros in assets. The next target is the real owners of companies. ---- And now a bit of information for the Latin American crypto-goyim who use centralized exchanges with KYC. 6 countries have already officially agreed to implement the Crypto-Asset Reporting Framework (CARF): Brazil Chile Colombia Costa Rica Mexico Panama The first automatic exchanges regarding cryptocurrencies are expected as early as 2027-2028. Enjoy your democracy! ๐Ÿ˜˜ image
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TheFuzzStone 2 months ago
My previous posts about CRS and offshore accounts arenโ€™t because Iโ€™m a supporter of them. Not at all. I consider this a boomer relic of the past, when naive people thought they could hide their wealth within the โ€œlegal system.โ€ Welcome to the real world.
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TheFuzzStone 2 months ago
Unpopular opinion: offshore structures are for boomers As soon as I discovered Bitcoin and Monero over a decade ago, I immediately said that "offshore accounts are for boomers." If you follow this beautiful world and where itโ€™s heading, youโ€™ve probably noticed that hiding assets and obfuscating financial trails is becoming significantly more difficult, expensive, and risky. The era of classic offshore secrecy and "paper nesting dolls" has effectively become a thing of the past. What used to be solved by registering two Belizean companies and a nominee director now leads to immediate account freezes by compliance departments. 1. Automatic Exchange of Information (AEOI) Previously, account information was only transferred upon specific request as part of a criminal investigation, which involved years of correspondence between jurisdictionsโ€”and during that time, "anything could happen to make the audit impossible." It is in no one's interest for the state to be efficient. CRS and FATCA: Tax authorities in over 100 countries now exchange information on all accounts held by non-residents automatically on an annual basis. Lowering control thresholds: As seen in the example of Panama and Latin American countries, the ownership threshold for mandatory disclosure is dropping from 25% to 10% or even 5%. CARF (Crypto-Asset Reporting Framework): An international OECD standard that integrates exchanges and crypto-providers into an automatic data exchange system, similar to the banking one. So, if you haven't seen anything beyond a centralized exchange and buying BTC or XMR with your bank account, it's time to learn how to survive in this world using other tools. 2. Destruction of "shell" companies (Economic Substance) Almost all classic offshore jurisdictions (British Virgin Islands, Cayman Islands, Belize, Seychelles, UAE, etc.), under pressure from the FATF and the EU, have introduced so-called "economic substance" requirements. You can't just put a nameplate on a mailbox anymore. A company must prove that it conducts real business: - have a leased office in the country of registration; - hire qualified local employees; - incur real operating expenses within the jurisdiction; Maintaining such structures has become so expensive that using them solely for concealment continues to lose its economic rationale. 3. Beneficial ownership registers and the principle of transparency Most jurisdictions have moved to create centralized closed or open registers of ultimate beneficial owners (UBO). Nominee service institutions are strictly regulated: agents and nominee directors face direct criminal liability for concealing the actual beneficiary. Bearer shares (where the owner was considered to be whoever physically held the certificate) are banned almost everywhere. 4. Graph analytics and AI in banking compliance Banks have stopped vetting clients manually via questionnaires: Graph databases: Financial monitoring algorithms build network graphs, automatically identifying connections through shared directors, addresses, phone numbers, IP addresses, and payment patterns. Real-time transaction chain analysis: Systems identify smurfing (structuring), transit flows, and "funnel" accounts in fractions of a second, sending transactions to manual compliance or blocking them. Centralized platforms / KYC / anti-money mule: Regulators aggregate interbank data, so an attempt to distribute suspicious transactions across 20 different banks is seen by the system as a single picture. ---- Well, my dear goy, are you ready?
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TheFuzzStone 2 months ago
๐ŸŒ Asia is becoming more transparent for tax authorities: What has changed While many still view Singapore, Hong Kong, or the UAE as a separate, insulated financial world, the OECD has published its Tax Transparency in Asia 2026 report. In 2025 alone, thanks to information exchange and the CRS (Common Reporting Standard), Asian countries generated around โ‚ฌ1.65 billion in additional tax revenue. Since 2009, this total has reached +โ‚ฌ25.7 billion (representing 18% of all global tax revenues recovered through exchange of information). ๐Ÿฆ CRS has already been implemented by: ๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia ๐Ÿ‡ฆ๐Ÿ‡ฟ Azerbaijan ๐Ÿ‡ง๐Ÿ‡ณ Brunei ๐Ÿ‡จ๐Ÿ‡ณ China (exchange with 81 jurisdictions) ๐Ÿ‡ฌ๐Ÿ‡ช Georgia ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong (exchange with 84 jurisdictions) ๐Ÿ‡ฎ๐Ÿ‡ณ India ๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia (86) ๐Ÿ‡ฏ๐Ÿ‡ต Japan (87 jurisdictions) ๐Ÿ‡ฐ๐Ÿ‡ฟ Kazakhstan ๐Ÿ‡ฒ๐Ÿ‡ด Macau ๐Ÿ‡ฒ๐Ÿ‡พ Malaysia (87) ๐Ÿ‡ฒ๐Ÿ‡ป Maldives ๐Ÿ‡ต๐Ÿ‡ฐ Pakistan ๐Ÿ‡ธ๐Ÿ‡ฌ Singapore (86 jurisdictions) ๐Ÿ‡ฐ๐Ÿ‡ท South Korea (89 jurisdictions) ๐Ÿ‡น๐Ÿ‡ญ Thailand ๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia is scheduled to begin exchange in 2027. Currently operating without exchange: ๐Ÿ‡ฐ๐Ÿ‡ญ Cambodia ๐Ÿ‡ต๐Ÿ‡ญ Philippines ๐Ÿ‡ฑ๐Ÿ‡ฐ Sri Lanka ๐Ÿ‡บ๐Ÿ‡ฟ Uzbekistan ๐Ÿ‡ป๐Ÿ‡ณ Vietnam ๐Ÿ’ฐ In 2025, Asian tax authorities received CRS data on 76 million foreign financial accounts holding โ‚ฌ4.1 trillion in assets. ๐Ÿ“œ In 2025, Asian countries sent 2,209 requests to foreign tax authorities and received 2,630 requests from other jurisdictions. That is the volume of individual (on-request) inquiries alone! The next target: Ultimate beneficial ownership (UBO) of companies and legal structures, followed by crypto assets. Agreed to implement the Crypto-Asset Reporting Framework (CARF): From 2027: ๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia ๐Ÿ‡ฏ๐Ÿ‡ต Japan ๐Ÿ‡ฐ๐Ÿ‡ฟ Kazakhstan ๐Ÿ‡ฐ๐Ÿ‡ท South Korea From 2028: ๐Ÿ‡ฆ๐Ÿ‡ฟ Azerbaijan ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong ๐Ÿ‡ฒ๐Ÿ‡พ Malaysia ๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia ๐Ÿ‡ธ๐Ÿ‡ฌ Singapore ๐Ÿ‡น๐Ÿ‡ญ Thailand In short, tax authorities are now receiving massive datasets and cross-referencing discrepancies among CRS reports, tax returns, tax residency status, corporate entities, and ultimate beneficial owners.
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TheFuzzStone 2 months ago
Oh, look, "organic growth"! Did the monsieur who stole the money from Coldard take the well-trodden path? image
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TheFuzzStone 2 months ago
Wherever you see the term "non-profit", there is always the most corruption. And when you manage a non-profit together with your friends/neighbors... It's just like a model of a state where there is "free" money that belongs to no one, and tomorrow you'll be brought even more free money. View quoted note โ†’
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TheFuzzStone 2 months ago
Dear @Jumble / @Cody, When I start using software that I like, I usually end up annoying people with my UX/UI advice, so... It would be great to have slightly more precise notification settings, like in the screenshot below (this is Yakihonne): image My reasoning is that reactions and reposts don't matter to me, and I don't want to see a little circle (indicating a new notification) next to the notification icon. However, I do want to see notifications when I've been tagged somewhere and when someone has replied to me (and zaps). What do you think?
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TheFuzzStone 3 months ago
Spent 3 days and ~$300 on Kimi K3 to audit the code of my favorite crypto wallet: @Unstoppable | Private Wallet (Android version). Pleasantly surprised that I don't need to urgently move my funds to another wallet. ๐Ÿค๐Ÿป Sent a responsible disclosure to the developers.
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TheFuzzStone 3 months ago
Oh, look, the "free speech" platform finally let you post links in your first post. That's it, Nostr is no longer needed. The goyim are satisfied. image
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TheFuzzStone 3 months ago
I'm sick of the bullshit they feed American goyim about the fantastic quality of European "free" healthcare. 1) Europoors pay for it through taxes; The & is often progressive based on your gross income; 2) Even if you have insurance, in countries like Germany, Sweden, or Norway, youโ€™ll wait months for an appointment with the doctor you need; youโ€™ll also have to... pay extra for some visits. Thatโ€™s right: you have insurance for which youโ€™re already paying a % of your gross income in taxes, yet you still have to pay extra for certain procedures and wait months for an appointment, only for the doctor to tell you that youโ€™re stressed and that you need to drink some mint tea and go for a walk in the woods. If any of the Europoors want to tell me right now that "emergency aid in Europe will be provided for free," I would tell them to take a look at the statistics on waiting times by the hour in a hypothetical Lisbon. The healthcare sector is a mess everywhere because the government is involved. Grow up (politically speaking) already. image
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