Take out loans

>take out loans
>max out creditcards
>buy bitcoin
>don't pay installments
>declare bankruptcy
>move to thailand
>....

what could go wrong?

Attached: L0QnvEU9WQehkaiG1UdlgIZvjYkSvxQeG5QbJewHTPE.jpg (500x376, 37.05K)

Literally nothing.
No government or private insitution can take your bitcoins from you.

Other then not being (((credit worthy))) you are fine.

When the market crashes, people won't be able to pay off their crypto debts. Financial destruction.

Attached: 234234234.jpg (256x194, 13.71K)

you forgot

>open LLC
>apply for whatever fucking SBA bailout loans you can
>~$20k more free money for crypto

wahlah

I've been thinking about saying fuck it and leaving Canada but I have 10K in student loans. What should I do to skip this shit country and go live somewhere where no one can bother me

>Literally nothing.
>No government or private insitution can take your bitcoins from you.
>Other then not being (((credit worthy))) you are fine.

This.

I am doing the same except I don't want to live in a shit hole so I'll pay back the loans.

Borrowing to buy crypto is based as fuck, though.

>declare bankruptcy
???

Your new ladyboy wife can have AIDS

nothing really

Do it user, you contribute to BRRRRRR and botcoin price go up :)

Aids
Tether

That is called bankruptcy fraud and Thailand will extradite you in a heartbeat.

He doesn't even need to declare bankruptcy. Just peace out. After a year or two they might sue him or go to the court to garnish his wages. But he doesn't have any wages. So they are fucked. And he broke no laws either.

But you essentially can't work in the US until crypto moons and you pay off the debt.

Thailand can't even control how many trannies they have running around. The dumb slope brained gooks probably couldn't even tell you what extradite means.

But how do you move there? Do they even sell property to some random scammers?

you have to first buy property, then get a visa, and what visa will you get? how can you prove cash inflow? how long do you expect to keep it up? what if a crash lasts a long time?

You just get a non-immigrant visa, no requirements, renew it every 90 days for 3 years, then you can get a permanent visa as long as you make like 2-3k/year on your thai taxes.

You'd get charged with credit fraud you fucking retard and likely legally ordered to liquidate bitcoins in whatever follow up bankruptcy. Don't claim its anonymous as it really isn't unless you mined the coins from block rewards.

I did this but didn’t move anywhere , I have no assets besides 200k worth of bitcoin & my $1600 car. Fuck the ZOG

No need to do bankruptcy. Also, its not fraud at all. Its no different than if maxed his credit cards and bought retarded, worthless shit like a ton of other people do.

>legally ordered to liquidate bitcoins
lmao

Yeah an alternative is just to stay in the US. You should make sure you have a good lease on an apartment because it may be hard to get one for a while, or you'll have to sublease.

You can work under the table, or in a heavy tip job, or under someone else's identity like an illegal would. That is to just avoid the wage garnish.

But you'd pretty much have a year or more where there would be zero blow back. You could just accept the wage garnish which will be far less than what would be required to pay back the credit card debt any time soon. Tons of people get into this scenario just by buying retarded shit.

Yes you should be a nigger and walk out on something you agreed to pay for.

You're a fucking retard

Pretty much this , I’m on NEETBUX now and go to University for the next 4 years & I don’t have to work at all for that time so i don’t even think about it

If you hold your corns in your own wallet you’re the only one that can liquidate your CORNS. If it’s on binance or such that’s a different story

The key is that they don't know about your bitcoins. To them you are just one of a million sad cucks in credit card debt. For all they know you blew that money on nikes and liquor.

Wrong dipshit. Willfully overspending is credit fraud. Pure and simple. Jesus fuck you people are stupid. You could apply the same mindset to taking out a loan and going to vegas, that is also criminal and it would be easy to prove it, especially because BITCOINS ARE NOT ANONYMOUS

Yeah legit , only a TARD would let anyone let alone the BANK know about their corns

time to sell

Attached: normie halving dump.jpg (475x6156, 1.21M)

Credit card fraud is when you steal and use someone else's card. Credit card companies don't give a fuck about what you do with your own card. All the major credit card companies explicitly allow using their cards for gambling at casinos. There is nothing illegal about it. You can even get cash advances on your credit card for a fee. You can do whatever you want with that cash, it would be ridiculous to say that it would be illegal to spend cash a certain way.

Now if you get sued down the line, and are asked to disclose assets by a court, then yeah its illegal not to tell them about your bitcoins. But there is no way for them to know about your bitcoins. And loads of people are in credit card debt for retarded shit so bitcoins are not even remotely something they would think you would have.

Good idea actually. In the coming depression, dollars will be basically worthless, and thus so will your debt. Buy assets if all classes, racking up all the debt possible. Interest rates are below inflation anyway, if you've got a house with spare equity, go nuts.