Thank you very much! After a few attempts to get in here. I have already read your message. I believe I've already answered this elsewhere, but there's no problem saying it again.
I withdraw HBD through P2P, before converting it into USDT. and then selling.
Here in Brazil I believe that cards loaded with dollars are not used much, as fees and taxes are unfortunately high here...
Mainly due to the current government which has increased the number of taxes here since last year. I would really like to have a card that I could use my cryptos on, but at the moment it is unfeasible.
So do you pay a tax or fee when you use a credit card?
I mean when the currency is the dollar.
There is a fee on credit cards, but it's not that big... what hurts it is the way you mentioned it being a card where dollars would be the way to charge it.
The tax here can be an obstacle for many people.
So if you bought a Gift Card with HBD, where the card was loaded with Dollars instead of HBD, would that incur a fee when you used it? And be easy to use and tax free?
In my opinion (please don't generalize, as if there is any possibility I don't know) anything that uses dollars in my country will have to pay an IOF (Financial Operations Tax) fee.
If there was a possibility of carrying out an operation involving HBD, but in a way that did not involve anything that the government can "get its hands on", it would be much better.
I see. Governments always want their share.
How hard is it to buy things with crypto dollars like USDT or USDC?
Regarding Brazil, I can tell you that it is not common to find somewhere that accepts crypto. But of course it exists, but I don't know it at the moment.
I once knew that there was some kind of hotel that accepted crypto, but I don't know what it's like now.
If I had a store or something similar, I would try to implement cryptos as a payment method.
It would even be an interesting way to escape government abuses for a bit.
But as I told you, credit card paths that require KYC we will generally have to declare all cryptocurrencies on our income tax, but many try to get away from this.
Thank you.
Thank you.
You´re welcome my friend.