ChatCrypto the Fastest-growing AI Community Set to Launch a Deflationary Artificial Intelligence ...
To address the latest innovation, ChatCrypto, the fastest-growing AI community is set to launch a deflationary artificial intelligence token, ChatCrypto token. ChatCrypto token will utilize as a gateway to license Artificial as a Service (AIaaS), Blockchain as a Service (BaaS), and rent HPC power via their Infrastructure as a Service (IaaS). The platform designs this innovative token to provide users with an efficient and secure way to access the platform’s AI technology. By utilizing a deflationary model, the ChatCrypto token intends to create a more stable and sustainable ecosystem for the platform and its users.
Chatcrypto’s AI face Morpheus; Morpheus is a AI face of chatcrypto that makes people and community grow like a rocket speed
ChatCrypto token powers the ChatCrypto ecosystem and can be used to purchase everything listed on the platform. Additionally, the deflationary model also provides users with an incentive to hold onto their tokens, as the value of each token will increase over time.
With the new development, ChatCrypto enables users to learn complex and new skills in blockchain development and cryptocurrency trading by utilizing the ChatCrypto AI tools.
Including more, the platform’s ChatCrypto AI Bot gives the opportunity to learn crypto trading methods. It provides tremendous trading methods by generating accurate trade statistics from the graph and candle reading. ChatCrypto AI Bot works on AI-based algorithms to get accurate data.
In addition, ChatCrypto AI offers a variety of exceptional services such as asset management, supply chain traceability, smart contracts, voting, taxation, and land registration as well.
Furthermore, the innovative platform continues to grow and evolve and offers multiple features and services being added to the ChatCrypto ecosystem. With its unique deflationary model and AI technology, the ChatCrypto token is poised to disrupt the cryptocurrency market and provides users with a secure and efficient way to access advanced AI services. In addition, the platform will constantly innovate and utilize the latest technology and will be more secure.
ChatCrypto token’s total supply is 32,000,000,000, of which 13% is used for marketing, and 15% is for liquidity & staking. From the total supply of the token, 5% is needed for development, and 10% is utilized for airdrops.
ChatCrypto is the fastest growing AI Community in the world currently with 200,000 users in just 10 days of airdrop campaign
About the Company – ChatCrypto:
ChatCrypto is a blockchain company that focuses on developing innovative solutions that integrate AI with the cryptocurrency market. The company intends to make the crypto market more accessible by offering an intuitive and user-friendly platform.
Additionally, the platform aims to revolutionize the cryptocurrency market by introducing cutting-edge technology and the latest innovations.
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Disclaimer: Nothing contained in this press release should be construed as a recommendation to buy, sell, or hold, any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether any investment, investment strategy, security, or related transaction is appropriate for you based on your investment objectives, financial circumstances, and risk tolerance. Consult your business advisor, attorney, or tax advisor regarding your specific personal, business, legal, tax, and investment situation
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2) When you make a certain amount of money in crypto you want to lose as little as possible on your earning right? We already paid money on our income and we need to pay even more on the risk we took. When we lose money no one's here to reduce our taxes either. Unfair right?
3) Although it 𝐡𝐢𝐠𝐡𝐥𝐲 depends on the country were you live, there are some ways to reduce the amount of taxes you pay without breaking any laws. For some of you maybe 𝐚𝐥𝐥 of it. Some of you might try to pay nothing but that's not sustainable long term.
4) Low profits Doesn't matter where you live or what the specific laws of your country are, if you aren't making a lot there's almost no tax to be paid. Don't bother mentioning your crypto earnings in your tax report if it's very acceptable numbers.
5) You don't need to pay taxes when someone gifts you 500-1000$ either. If you aren't withdrawing money on a monthly basis from crypto or it's not a huge sumn there's absolutely no risk of an investigation either. And if there is they won't sue you either for it.
6) Having a job :
This one is pretty huge. Many people look to quit their jobs once they can fully replicate the income from their regular job. It's here where most totally get it wrong
Most countries offer less or absolutely no taxes when you do crypto on the side.
7) They look at your profile whether you are a professional trader or a non-professional one. "The good house-father profile as they literally call it" It's hard to argue and say you are an amateur if you don't have a job. It's hard to argue you are a progressional if you do.
8) No job?
They treat you like a full self-employed individual like any service you offer. This means your taxes could go as high as 50% depending on your income. Brutal right? • 2k job + 10k crypto income = 12k • 10k crypto income = 5k Full time crypto right?
9) This is an example btw but a side income will always pay less taxes. Only go full time if you really earn 𝐭𝐡𝐚𝐭 𝐦𝐮𝐜𝐡 or you already withdrawn a lot to make you last really long. Full time crypto is great but doing it to early isn't. Calculate the difference.
10) Crypto debit card
This is my personal favorite. You don't need to pay taxes on something you don't withdraw. Many people would argue this isn't legal but it is if they can't ever know. Governments have acces right to your bank.
11) If you don't submit your taxes on what you have withdrawn to your banks that's fine. But eventually they will find out and see. Crypto however is being your own bank. If you don't give them your hardware wallet no one knows what you have. That's the whole point.
12) Although some countries like mine (Belgium) have a different stance on fiat withdrawals and crypto transactions. I don't have to pay taxes on those anyway. But if you do I wouldn't really go and tell them: Hey here's my hardware wallet. I also went to bed at 9pm yesterday
13) Want options? I've been using @cryptocom for years. Binance their crypto debit cards also work. They are both partnered with visa so you can use them almost anywhere. Restaurants, groceries, vacation trips, cash withdrawals,... You name it.
14) Hodl
There's a big difference between countries as well on this one. Some countries allow you to remain completely tax free if you buy and hold an asset without ever trading it for 1 full year. Many however don't know the entire story of this.
15) Sometimes this law is only valid when you bought a crypto with fiat and never traded it. But not when you made 100 swap transactions first and held the last asset for a whole year. Keep this in mind! Countries like Portugal for example do.
16) No matter how many transactions you did, the last obtainable needs to be held for at least 1 year. Even holding stablecoins are accepted. A legal loophole. Make sure to double-check this with your local laws.
17) Relocate
If nothing else works you need to relocate. This is the last option but definitely necessary when you have no choice. No one's going to move by making 5-10k dollars on the side. But when you made life-changing amounts like millions you do.
18) In this scenario you have so much money that giving up x amount of taxes is like working for a lifetime. Your visa debit card isn't going to cut it and you have to much money to still be working. My best friend had to forcibly choose this option.
19) He had no plans to ever relocate and no dreams to live in another country either. But because He made millions and we live in a country that's heavy on the laws no legal tax evasion was going to cut it. Some things you can't pay with crypto either.
20) I pay for everything with my crypto debit card. But you can't buy a house without fiat in the bank.
21) That's it
For most of you these options will save you any amount of taxes you would normally have to pay. Laws are only laws if you strictly fall onder the category for any of those.
22) Loopholes are very common and have been widely used for decades by individuals. There's a reason why so many lawyers are specialised in the tax industry and why so many individuals pay next to none while others pay everything. Make use of it. It's legal.