Five words.
PASSIVE
INCOME
FROM
THE
NODES
Are you finally starting to understand, NoLinkers?
Five words
Jaxon James
Other urls found in this thread:
thedefiant.substack.com
twitter.com
Nathaniel Martin
how much passive income for running a neet node without any coding experience and holding 431 link?
John Anderson
When? How much? I just need 80k/yr after taxes and I'm done with waging.
Alexander Cruz
Here's a link to your other fail thread where you were eternally btfo
Grayson Cruz
how is it passive when i have to work for the data and server uptime, get premium data, get myself on the map by gaining reputation and keeping up with popular demand to retain a profitable operation
Luis Price
thats for high quality professional nodes which probably earn 20% a year. staking probably returns 10% a year and NEET nodes 15% a year
Luke Lopez
Last three digits is how many links I will buy
Noah Torres
That depends on the data you're selling my dude. No way to say. You lock up those link in collateral in case you deliver faulty data, and users lose money because of said data, they get yours instead.
It's a free market solution, so there's no way to say for sure what kinda returns to expect.
Colton Moore
nice numbers you pulled out of your ass + there is no staking without fulfilling job requests by providing the right data in an extremly reliable fashion. there's no retarded pos system in chainlink, it's all about providing a real service, nothing about it is passive you fuckhead.
Adrian Hill
look man no need to get aggressive, i agree with you. most returns (20%+ a year) will be to people actively running a node. but there will be still returns for people who passively stake (10% a year) and people who set up NEET nodes (15% a year)
Samuel Brown
Isn't that considered like a standard income with 40%+ tax in Germany ?
It may be needed to create a company to reduce taxes on it...
Does someone have experience with this ?
Blake Bell
It will be in a lot of tax jurisdictions. I know airdrops and staking are taxed like regular income here in UK.
David Clark
isnt crypto tax free in germany? just withdraw gains to a crypto brokerage, withdraw it and say its just crypto appreciation gains
Samuel Nguyen
Nope, Crypto is viewed as captital gains and is therefor taxed accordingly. Expect about 20-30% depending on if you are still a member of the church or not.
Joshua Diaz
It makes sense in that case yo create a company to reduce taxes on staking.
Airdrops are seen as buying at 0 in some countries, and can be sold after 1 year in Germany tax free I think.
Only if you buy it and hold it for 1 year before selling and get not interest on the coin, in which case you may have to wait 10 years if the tax man decides to steal from you with an old law which should not apply to crypto...
For income from things like staking or mining, this does not apply and it's probably taxed to the fullest like a wage income.
Btw you still have to report your crypto gains even if they are tax free after 1 year, if you want to avoid problems.
Thomas Sanders
>depending on if you are still a member of the church or no
Kirchensteuer is around (% of the tax and capped at around 3% - 4% of your total income.
That being said fuck this homo cabal. I would rather donate 5% to the Latin Mass SSPX or to the Orthobros than to Bishop (((Marx))) and his cronies
Isaac Price
Five words:
Takes
A
Fat
500k
Dump
On
Linktard
Heads
Gabriel Diaz
Fuck, you are correct, Kapitalertragssteuer is about 26% to 28% due to that.
But I agree - I find it rather bewildering that my tax money is used for a church that I have nothing to do with. Really gotta get myself out of that.
Evan Williams
That's new to me.
Crypto were not viewed as standard stocks until now.
I reported it with my income last year (priv. Veräußerungsgeschäft).
The reason you can cash it out after 1 year tax free is because it is not considered for capital tax gain which taxes everything but like gold for example.
John Brooks
I remember there being some bullshit about the amount of realized profit, but then again, I quickly dropped thinking about investing in crypto altogether, so I could be spewing bullshit right now.
Alexander Hill
Is there no one here with experience creating a company for crypto tax optimization ?
Or with experience creating a company in Germany ?
Jack Morales
FIVE WORDS
I AM ORIGNAL NICO POSTER
Zachary Young
>But I agree - I find it rather bewildering that my tax money is used for a church that I have nothing to do with. Really gotta get myself out of that.
I think you get latea sententiea excommnuciation if you leave the Church.
Ofcourse no priest will probably say anything if you still attend mass but you might get recked if you die and they won't give you a catholic funeral or if you want to marry or if you want to become someones godfather.
Funny thing is: I talked to my normie priest and he hates the Kirchensteuer (and implied most priests do to) because it prevents them from publicly opposing the governments. Only our corrupt bishops like it.
Benjamin Brown
Would staking returns in the US be taxed like dividends? If so thats /comfy/, i think thats a lower tax rate than my 45k/year job
Juan Barnes
I am ust reading up:
You might switch to Byzantine Catholic (still full communion, proper rites etc) and then not be subject to Kirchensteuer while maintaining all Catholic privileges.
However switching rites can be a long and bureacratic process.
Josiah Edwards
Thanks for the advise, I hope other anons are helped by this - But I'm actually not catholic, thus I don't have any of these problems, really. Getting out of the protestant church is as easy as going to the cities bureau and telling them I'm no longer willing to pay for an institution I don't participate in.
Thanks for the research tho!
Easton Wood
>Thanks for the research tho!
You're welcome
>I'm actually not catholic
Become Orthodox :DDDD
Save your soul in an actual proper church AND don't pay Kirchensteuer
Cameron Flores
>get 20%
>link price goes down 50%
It’s a win win!
Xavier Sanchez
>Become Orthodox :DDDD
inb4 shilling for a Church not your own.
All Catholics are Orthodox (true believing)
All Orthodox are Catholic (Universal).
The Schism is a political issue and not a theological one.
If anyone has a good shot at heaven (after Catholics) it is the Orthodox.
Ayden Hughes
more like get 10% passive income and link doubles
Christian Brooks
C O P E
Catholics are a literal sect headed by a figure revered as much as God himself. If anyone is not going into heaven, it's the Catholics.
William James
t. Pastor Jimmy who at his ukulele mass proclaimed that Jesus himself wrote the King James Bible
Luis Gonzalez
You and most Link holders won't be able to run your own node as its very challenging to set it up right.
Better look for staking pools doing all the work for a small cut of the profits.
Look into Linkpool. The founder is an official member of the Chainlink dev team. Also LP is fully decentralized, your Link never leave your wallet.
Levi Myers
Anyone have thr non photoshopped version of this?
Dylan Williams
Nolan Moore