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.
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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.
You're welcome my friend.