How to bypass US crypto laws (LEGALLY)

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  • Опубликовано: 30 окт 2024

Комментарии • 698

  • @FullValueDan
    @FullValueDan  Год назад +73

    Important note: Don't use the address on the back of the ID. The RNS ID people said they'll charge you for it if you do. So might need to just skip exchanges that require an address for now.
    twitter.com/RNS_global/status/1684743414288699392?s=20

    • @michelbisson6645
      @michelbisson6645 Год назад +2

      what does it mean?

    • @overlogg
      @overlogg Год назад +13

      Can you list the exchanges that required an address so we can avoid?

    • @overlogg
      @overlogg Год назад +6

      @@some1intheworld great reply, its the first video I watch from this dude since I found the twitter thread, he doesnt need to care about me to reply here or provide the info.

    • @megaunknown400
      @megaunknown400 Год назад +4

      wym charge u? charge u like money or like criminal charges?

    • @johnM-Jr
      @johnM-Jr Год назад

      @@megaunknown400 I think charge a fee for using the address and their charges to forward mail,, I think??

  • @midwestmike613
    @midwestmike613 Год назад +283

    I wouldn't say they don't want US residents on their platform. Because they most likely definitely do they just don't want to deal with our shady corrupted overbearing government going after them. Appreciate this video and the shared info 👍

    • @smoofan9423
      @smoofan9423 11 месяцев назад +1

      Who is “they”?

    • @mrksj79
      @mrksj79 10 месяцев назад

      If the US government cant tax you they don’t want you. Plain and simple!! Corruption and greed.

    • @MetalBum
      @MetalBum 10 месяцев назад +25

      Overbearing gov is right.

    • @SizzlerC
      @SizzlerC 10 месяцев назад +6

      Facts

    • @weekendintokyo
      @weekendintokyo 9 месяцев назад

      they is the land of the free@@smoofan9423

  • @mustaphanasir9448
    @mustaphanasir9448 5 месяцев назад +167

    I'm favoured, $27K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

    • @FazzaHamdan-v9v
      @FazzaHamdan-v9v 5 месяцев назад

      I know this lady you just mentioned. She's really good with and on her job. She's helped a couple of families and individuals' finances

    • @zackwillem9077
      @zackwillem9077 5 месяцев назад

      She is really a good investment advisor.
      I was privileged to attend some of her seminars, that's how I started my crypto investment

    • @rahilaaminu6109
      @rahilaaminu6109 5 месяцев назад

      I have heard a lot of wonderful things about Sonia Duke on the news but didn't believe it until now. I'm definitely trying her out

    • @zainabmuntari3444
      @zainabmuntari3444 5 месяцев назад

      This sounds so good andI would like to
      be a party to this, is there any wayl can
      speak with her?

    • @epraimwike1405
      @epraimwike1405 5 месяцев назад

      I'm sure her service is available outside
      the US, but you gotta ask her first. I'm
      positive because I have a friend who
      stays in Australia and using her
      services too. You should ask her though
      to know if she offers her service to your
      country.

  • @jamesrandolph3964
    @jamesrandolph3964 Год назад +105

    Invaluable content that no one else covers. Amazing, thank you!

    • @AltcoinJon
      @AltcoinJon Год назад +5

      Agree!!

    • @FullValueDan
      @FullValueDan  Год назад +7

      Thanks! Providing value where I can!

    • @giomusah2155
      @giomusah2155 Год назад +4

      @@FullValueDan Not investment advice or anything but I hear ppl lose their keys on boat accidents...What are they really doing with it?? Using some mixer in some 3rd world country or something???

    • @CJs241
      @CJs241 7 месяцев назад

      ​@FullValueDan I probably have about $200 in kucoin. About $175 in KDA. I want to withdraw it all out and put it in coinbase. Coinbase doesn't exchange KDA. Any suggestions? Or do I just have to let it go and forget the $200ish dollars?

  • @Andrew-ig5sp
    @Andrew-ig5sp 8 месяцев назад +12

    I love how happy he is. Smiles for days. Keep winning bro.

  • @MrSilesrafael
    @MrSilesrafael Год назад +65

    Yes you still need a VPN to show you are connecting outside eof the USA to the CEX or Centralized Exchange

    • @Josh-py9rq
      @Josh-py9rq Год назад +2

      @@VMasullo13😂😂

    • @bobbybanks77
      @bobbybanks77 8 месяцев назад +5

      Well it will still not work seeing they all ask for a utility bill so what is the point??

    • @MrSilesrafael
      @MrSilesrafael 8 месяцев назад

      @@bobbybanks77 with which Crypto Exchange are you using Mexc

    • @testtor2714
      @testtor2714 8 месяцев назад

      @@bobbybanks77 Why not create one in photoshop?

    • @kingpenkevlar2215
      @kingpenkevlar2215 8 месяцев назад +5

      ​@bobbybanks7493 lol who's asking for utility bill😂😂

  • @dlukton
    @dlukton 9 месяцев назад +15

    One other thing that a Palau residence ID might be useful for is obtaining an account with a money-transfer service.... especially one that normally doesn't accept US residents. Similarly, one might be able to get a crypto debit card with a company that doesn’t accept US residents (of course, one would then have to spend one's money outside the US)

  • @jhfjhfkf
    @jhfjhfkf 8 месяцев назад +20

    Thank you,. very helpful, informative, great editing, thanks for no extra noise and music, and straight to the point. Very good video.

  • @EthanBlackwood-o7l
    @EthanBlackwood-o7l 3 месяца назад +269

    How will a beginner enter trading with more or less than $10k

    • @SarahBlythe-r9h
      @SarahBlythe-r9h 3 месяца назад

      True, almost gave up due to constant losses, but Amanda turned my luck around

    • @EthanBlackwood-o7l
      @EthanBlackwood-o7l 3 месяца назад

      How can she be consulted

    • @ihatehandles111
      @ihatehandles111 3 месяца назад +5

      Everyone replying to you is a scammer. Be careful. "Amanda" is not a real person.

    • @itssammie_ng
      @itssammie_ng 2 месяца назад +2

      Beware of scammers trying to contact you. My advise, do not risk what you can't afford to lose, learn the basics, use demo accounts to test run your ideas so you don't lose actual money and most importantly, don't be greedy.

  • @108Existences
    @108Existences 8 месяцев назад +3

    Great video man. Lots of other RUclipsrs were only making videos about using a private VPN, but this is the extra hurdle all new users face.

  • @SkateboardBandi
    @SkateboardBandi Месяц назад

    It's good to know there are legal ways to navigate the strict US crypto laws without getting into trouble. The tips were clear and super useful, especially for anyone dealing with cross-border crypto transactions.

  • @Christophtov
    @Christophtov Год назад +20

    Thanks for this! I’ve seen you on here a few times and you’re such a likeable, genuine dude!

  • @danieltarran8370
    @danieltarran8370 Месяц назад +175

    What’s the best strategy to enter crypto investing now for someone with more or less than $1000?

    • @lucasbagno2951
      @lucasbagno2951 Месяц назад

      You need a pro or very goodTrader. Someone like Stephany Reuben

    • @tarupollanen4008
      @tarupollanen4008 Месяц назад

      Almost gave up due to constant losses, but Steph turned my luck around

    • @tarupollanen4008
      @tarupollanen4008 Месяц назад

      went from 10k to 68k with Steph

    • @astasiamyers6963
      @astasiamyers6963 Месяц назад

      Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to Steph . I've achieved over 80% capital growth this year, excluding dividends

    • @siljavatunen3469
      @siljavatunen3469 Месяц назад

      True, she is a pro at navigating the market

  • @thomasnguyen7833
    @thomasnguyen7833 8 месяцев назад +3

    You are an asset in this space. Thank you so much for everything you do!

  • @billddollas5150
    @billddollas5150 Год назад +10

    I had any research on it when you said it on your last video and now I'm glad it went through now I'm going to order it thank you full Value Dan

  • @Review-This
    @Review-This 8 месяцев назад +8

    This is GOLD. Thank you

  • @grouchomags
    @grouchomags 11 месяцев назад +13

    Full-Value-Generous-n-Genuine-Dan always bringing something valuable to the community...appreciate you 🙏

  • @elichouinard3850
    @elichouinard3850 Год назад +17

    what an absolute banger bro this is crazy

  • @jimmydean4509
    @jimmydean4509 Год назад +10

    This was great Dan, thank you! Nice to see you again and even hear a little of your back story.

    • @FullValueDan
      @FullValueDan  Год назад +1

      Thanks! Working on creating more content...just slowly

  • @suberizedwrx
    @suberizedwrx Год назад +10

    Awesome video! LOVE that you show which exchanges the ID worked for! Waiting for my ID!

    • @user-fk8tr5ev8q
      @user-fk8tr5ev8q Год назад +2

      How did it go?

    • @suberizedwrx
      @suberizedwrx Год назад

      @@user-fk8tr5ev8q Got my ID a while back. Only a couple brokers appear to accept the Palau ID....some are no longer accepting it.

    • @rschlieper677
      @rschlieper677 10 месяцев назад +1

      Yeah, update please

    • @747Durango
      @747Durango 8 месяцев назад

      Any luck with this?

    • @Ic3blink
      @Ic3blink 5 месяцев назад +1

      Bump

  • @martinvaisman8578
    @martinvaisman8578 8 месяцев назад +40

    Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.

    • @warrengebhardt1145
      @warrengebhardt1145 8 месяцев назад +1

      I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

    • @selenemarinez2700
      @selenemarinez2700 8 месяцев назад

      How
      ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?

    • @bradleywellington8624
      @bradleywellington8624 8 месяцев назад

      YES!!! That's exactly her name (Deborah Davis) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺

    • @AndersonFreitas-n1x
      @AndersonFreitas-n1x 8 месяцев назад

      I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week.

    • @anglebarboza5829
      @anglebarboza5829 8 месяцев назад

      After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸also paid for my son's surgery (Oscar). Glory to God.shalom..

  • @carmendior9457
    @carmendior9457 8 месяцев назад +238

    What is the best strategy to enter crypto trading now for someone with more or less than $3000

    • @MichelleLangley-wb7vx
      @MichelleLangley-wb7vx 8 месяцев назад

      You need a pro or very goodTrader. Someone like Jared Brian Watkins

    • @theresahopkins860
      @theresahopkins860 8 месяцев назад

      Jared excels at capitalizing on economic shifts and I have confidence in his trades

    • @maracouture7975
      @maracouture7975 8 месяцев назад

      Almost gave up trading due to constant losses, but Jared turned my luck around

    • @maracouture7975
      @maracouture7975 8 месяцев назад

      Now they yield about $13000 monthly

    • @carmendior9457
      @carmendior9457 8 месяцев назад

      How can I consult him

  • @Chuck8541
    @Chuck8541 Год назад +4

    Awesome! Thanks for this valuable info!

  • @kb3809
    @kb3809 Год назад +6

    I used to scuba dive in Palau

  • @lawrencesmith814
    @lawrencesmith814 Год назад +5

    Thanks for sharing …. Your awesome … appreciate all your content !!

  • @johnsavagecrypto
    @johnsavagecrypto 8 месяцев назад

    Literally the best thumbnail ever

  • @michaelcoleman9044
    @michaelcoleman9044 Год назад +14

    I gotta get out of the US before my "subscription" expires and the IRS sends me another bill.

    • @danielcostasmith6246
      @danielcostasmith6246 9 месяцев назад

      What kind of bill, why IRS sending that's strange?

    • @dustinabc
      @dustinabc 8 месяцев назад +6

      Have you ever looked into moving out of the U.S. (a territorial corporation based in Washington DC) and moving back to the USA, a country of individual states established under a constitution?

    • @Peace2all4vr
      @Peace2all4vr 8 месяцев назад +1

      ​@dustinabc ...Do you have a reference or a guide on how to do that? Thanks!

    • @J.Green-Rx
      @J.Green-Rx 8 месяцев назад

      ​@@dustinabc
      How?

    • @pulsefiend
      @pulsefiend 8 месяцев назад

      no but could you point us in a direction to please@@dustinabc

  • @Jalepino24
    @Jalepino24 Год назад +3

    Great video man. Like always!

  • @ElusiveMasquerade
    @ElusiveMasquerade 8 месяцев назад +4

    Thank you for making this. I subscribed and am going to watch the rest of your content.
    I got past the BitGet KYC by having a good fiend who lives in a country that is KYC accepted and I run the account.

    • @organic723
      @organic723 8 месяцев назад

      are you a good friend? are you creating a tax burden for him?

    • @ElusiveMasquerade
      @ElusiveMasquerade 7 месяцев назад

      @@organic723 They do not pay Crypto tax.

  • @outtatrex
    @outtatrex 8 месяцев назад +5

    Great stuff, but one question... Once you have your Palau ID and get KYC'ed on Bybit, do you need to access Bybit with a VPN from that moment on? ( I assume that Bybit can see from my IP address where I live, so if they see if I still live in the USA, won't they deny me access to the site ??)

    • @johnfrederick6152
      @johnfrederick6152 8 месяцев назад +2

      You could be traveling. It’s not like you need to stay in the country of the ID. People travel, right? 😂

    • @vqfive
      @vqfive 7 месяцев назад

      I was heard you have to access through your vpn every time your own the site. And not to forget or they will flag you.

    • @cr83d
      @cr83d 7 месяцев назад

      Need to use VPN for ByBit because they block logins from USA IP Addresses.

  • @williamgibbs71
    @williamgibbs71 11 месяцев назад +3

    Awesome info. Such a headache to deal with. May have said it but will need a VPN for alot of these also. Fyi.

  • @donnelllowery4376
    @donnelllowery4376 Год назад +4

    Excellent content! I appreciate it.

  • @bsuccessful
    @bsuccessful 6 месяцев назад

    Love your videos. I have been following you for several years.❤

  • @andrews3642
    @andrews3642 8 месяцев назад

    Very interesting! Thank you so much. Knowledge is power. Subscribing now.

  • @bhonjiyo5885
    @bhonjiyo5885 7 месяцев назад +2

    For Kucoin are you using a VPN to change your location? Thank you for this video!

  • @nadinejordan3297
    @nadinejordan3297 Год назад +4

    Super valuable. Thank you !

  • @amazonseller-yf8vv
    @amazonseller-yf8vv 8 месяцев назад +1

    Wow, aha, this guy is awesome. The first vid of his i've seen and he instangly became one of my fave crypto youtubers!!!

  • @dlukton
    @dlukton 9 месяцев назад +3

    It might still be better to just use one of the crypto exchanges that don't require KYC. At any moment, the US government could go to Palau and demand a list of Palau residents that are actually US citizens; the US government could then go to the exchanges and demand a list of all the Palau residents.
    Congress recently amended section 6050i of the tax code, so that transactions of $10,000 or more have to be reported within 15 days.

    • @cryptocoin5318
      @cryptocoin5318 8 месяцев назад +3

      NO ONE IS GOING TO REPORT A DARN THING LOL

    • @dlukton
      @dlukton 8 месяцев назад

      @cryptocoin5318 right now, the aggregate market cap of the cryptocurrencies is about 7% of US GDP. what happens when the aggregate market cap becomes 20% of US GDP... or 50%...? At some point, the US government could become coercive. The US government (previously) passed the FATCA law, which is very coercive. At some point, US politicians may decide to lash out against holders of crypto, and businesses that facilitate crypto transactions.

    • @cryptocoin5318
      @cryptocoin5318 8 месяцев назад

      @@dlukton DOES THAT WORK ON Russia soil?

    • @MochaZilla
      @MochaZilla 8 месяцев назад +2

      ​@@cryptocoin5318Exactly lol. Not to mention that by filing your taxes, you are placing the burden of proof on yourself. But if you don't file, then the IRS has to prove everything 😂

    • @KotoriOnWheels
      @KotoriOnWheels 8 месяцев назад

      Which exchanges would those be?

  • @_Kulcha
    @_Kulcha Год назад +1

    Good to see you Dan!

    • @FullValueDan
      @FullValueDan  Год назад

      Thanks! Good seeing you in the comments again! Working on making more content!

  • @tlopez51
    @tlopez51 Год назад +2

    WoW! Thank you Dan.

  • @carrerojean
    @carrerojean 9 месяцев назад +1

    I got scared there for a sec like “yooo but don’t show it!” Lol then I saw it had tape

  • @00LDK00
    @00LDK00 4 месяца назад

    Finally!! Thanks brother. Much appreciated i can finally make that $$ again

  • @Drillorz
    @Drillorz 11 месяцев назад +5

    Why is the voyager pass better than the ID?

  • @redzebra6688
    @redzebra6688 8 месяцев назад

    subbed!!!!! Very interesting video! Keep em coming 🤜

  • @davidjuvenal8233
    @davidjuvenal8233 Год назад +10

    very helpful video once KYC approved on let’s say KuCoin, do I still have to use a VPN out of the Canada or i don't need VPN.

    • @crazylegs1324
      @crazylegs1324 8 месяцев назад

      Yes you will still need a vpn.

  • @Maren-k5e
    @Maren-k5e 2 месяца назад +1

    You're doing a fantastic job! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?

  • @jason.martin
    @jason.martin Год назад +1

    thanks for posting ! subscribed

  • @Miltrading
    @Miltrading 10 месяцев назад +4

    When registering for kyc what address do we use if you can’t use the one from Palau???

    • @wisefool7776
      @wisefool7776 9 месяцев назад +2

      googlemap an address in palau and use that lol

  • @jtmcrash
    @jtmcrash 8 месяцев назад +2

    lol thumbs up for thumb nail alone

  • @sophiainjoy8942
    @sophiainjoy8942 8 месяцев назад

    I love that u use Hawaii ID as an example. So much hurdles made simple.

    • @ak6143
      @ak6143 7 месяцев назад

      Thats from Superbad movie

  • @jessbrown307
    @jessbrown307 6 месяцев назад

    Have you tried to go through a KYC process at Coinbase using a Palau DID? It is my understanding gains made "offshore" under a Palau DID remain subject to US taxes as regular income but not as capital gains.

  • @Jammie-f4i
    @Jammie-f4i Месяц назад +1

    Thanks for sharing such valuable information! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?

  • @investing1223
    @investing1223 Год назад +8

    PLEASE ANSWER: Would you need a VPN showing you are in Palau? Kucoin specifically if that matters.

    • @STAyTHIrstyMyFREind
      @STAyTHIrstyMyFREind Год назад +1

      I think once your verified your good to go anywhere in the world as long as your ip isn’t from the US.

    • @investing1223
      @investing1223 Год назад +4

      @@STAyTHIrstyMyFREind Well I'm in the US. What's your source?

    • @747Durango
      @747Durango 8 месяцев назад

      @@investing1223 they are not looking where you should be. they are screening for banned regions.

  • @aribriddell
    @aribriddell 3 месяца назад

    Thank You for this Video!!😁

  • @jtdexter8
    @jtdexter8 8 месяцев назад

    Great video. Quick question. What’s your daily withdrawal limit from KuCoin. Cause I can withdraw 25k using a vpn already. Is the limit a lot higher with I’d?

  • @MrBarrystuart
    @MrBarrystuart 8 месяцев назад +2

    Thanks Dan, great video! Just curious, does the Digital Residency equate to an actual Temporary or Permanent Residency Status - as far as having the right to live in Palau - or no ?

    • @FullValueDan
      @FullValueDan  8 месяцев назад +6

      You can actually stay in Palau for the duration of your digital residency. It's to promote tourism too from digital nomads.

    • @MrBarrystuart
      @MrBarrystuart 8 месяцев назад +2

      Thanks !

    • @user-xg6yc8ho3w
      @user-xg6yc8ho3w 8 месяцев назад +1

      Also, even without a digital ID, you can visit and stay in Palau for up to 365 days straight.

  • @RunnLV
    @RunnLV 7 месяцев назад +1

    In the application the part where it says I'M A RESIDENT OR LIVE IN and you are to choose US or OTHER how do you approach this if you live in the US? No one seems to address this part on RUclips I hope you dont mind!

  • @DaeViZ0n3
    @DaeViZ0n3 8 месяцев назад +7

    Aren’t those exchanges asking for a document, e.g. heating bill or anything else related to your physical presence in Palau??

  • @cryptoalex190
    @cryptoalex190 11 месяцев назад +2

    Very interesting. Thanks for the great content!! The photoshopped suit had me lmao

  • @bornyesterday3627
    @bornyesterday3627 Год назад +11

    Exchanges should be regarded as Port-a-Potties. IN AND OUT

  • @delcosmo
    @delcosmo Год назад +1

    Awesome video! Can you make a video on opening a bank account with the ID?..That will be very interesting

    • @FullValueDan
      @FullValueDan  Год назад +3

      Not yet available in Palau, but should be a feature that they release soon

  • @arialuv6894
    @arialuv6894 3 месяца назад

    Thank you. Does this have any tax benefits?

  • @lukeschaeffer2551
    @lukeschaeffer2551 Год назад +6

    Thanks for the video! For Binance, did you try using your passport with the Palau address? From what I understand, based on my numerous exploratory discussions with them, it doesn't matter what country your ID is from, but instead that you prove you have a residency in the country that they are legally allowed to operate. So if you had a vacation property in El Salvador and could prove its your other residency, then they'd allow you to trade.

    • @FullValueDan
      @FullValueDan  Год назад +1

      I did, Binance rejected the application pretty quickly. It could have been through automation since it was clearly not a passport.

    • @lukeschaeffer2551
      @lukeschaeffer2551 Год назад +1

      Hmmm, looks like the physical mailing address is charged annually and is based on the calendar year Jan to Dec. Not sure if they would pro-rate it, given that it's now October. Also, not clear whether the first year's subscription for the physical mailing address is included in the initial $248?@@FullValueDan

    • @krafer
      @krafer 8 месяцев назад +1

      Not the question he asked. I'd be interested to try that, Luke

    • @sabimegeorges7629
      @sabimegeorges7629 8 месяцев назад +1

      KYC stopped me from being rich on Binance. Some years ago

    • @lukeschaeffer2551
      @lukeschaeffer2551 8 месяцев назад

      In your video, you mentioned using the address on the ID card, didn't you? That's Palau's government offices address, so will not satisfy for Binance's proof of residency requirement. You need to pay an additional annual fee for a mailing address, as well as maintain at least $35USD in a "mail forwarding" account. The $35 is maintained in the event they need to forward mail to you. It's just a legal formality, as there is no reason any mail will be sent there. @@FullValueDan

  • @M.M_333
    @M.M_333 Год назад +6

    Do you still need VPN to access international crypto after you have KYC approved

    • @MrSilesrafael
      @MrSilesrafael Год назад +5

      Yes it shows your not lying about your whereabouts

    • @smoofan9423
      @smoofan9423 11 месяцев назад

      @@MrSilesrafaelbut some exchanges lock u out simply because they detect u use a vpn.

    • @dlukton
      @dlukton 9 месяцев назад

      ​​@@smoofan9423that might be true.... BUT.... it's possible to purchase a dedicated IP address; I think that the exchanges won't be able to detect that.

  • @apb5866
    @apb5866 5 месяцев назад +1

    Can you use Palau ID to KYC on Kucoin with an existing account or will you need to create a new account?

  • @boricuabro
    @boricuabro Месяц назад

    Hi, very interesting video. Can I also open a bank account in Palau with this digital residency?

  • @dlukton
    @dlukton 9 месяцев назад +2

    This was a good video; a lot of concrete information. BUT... one thing I wonder about is: do any of the crypto exchanges send tax documents to the customer's "country of residence"...? If a Palau resident gets an account on, say, Kraken, will Kraken send tax documents to the government of Palau.... and if so, what will the government of Palau do with those documents?

    • @BigM0neyHustla
      @BigM0neyHustla 8 месяцев назад +1

      Probably send em to the embassy lol

    • @JackmanWealthManagement
      @JackmanWealthManagement 3 месяца назад +1

      These countries are taking advantage of charging for digital citizenship. Just like Wyoming does for incorporation in the U.S. Wyoming has some of the best secrecy laws pertaining to businesses. This is their business plan. So I doubt Palau does not know their customer base and would voluntarily offer information about their digital citizens. It would be detrimental to what the services that they are offering.

  • @Gintoken
    @Gintoken 7 месяцев назад

    Fantastic content, keep it up!!

  • @astronutz6623
    @astronutz6623 Год назад

    You saved me. I woke up one day and i could not get my money out of Kucoin

  • @davidpatton7298
    @davidpatton7298 8 месяцев назад +2

    Bitmex asked me if I was a U.S. citizen, not resident.

  • @cryptonator1988
    @cryptonator1988 8 месяцев назад +3

    What about tax information when the exchange sends you your w-2 to file your taxes are the exchanges going too send it too your po box in palua and if so how will you receive your important tax documents to pay taxes and then how do you explain that to the irs that you have to pay taxes from trading illegally basically? Or does the irs not care as long as they get they money?

    • @raresouls9897
      @raresouls9897 8 месяцев назад +2

      Give the IRS their money. 😊

    • @cryptonator1988
      @cryptonator1988 8 месяцев назад +1

      @@raresouls9897 i was thinking the same they don't care as long as you pay your taxes right?

    • @truecrime98
      @truecrime98 8 месяцев назад

      He said they don’t tax their citizens

    • @user-cz1gu8nl9o
      @user-cz1gu8nl9o 7 месяцев назад +1

      ​@@truecrime98Palaou doesn't, but the US does tax all income of it's citizens --even overseas income now, so unless you renounce your us citizenship you are stil legally required to pay tax on all income.

  • @prku2
    @prku2 Год назад +2

    how about Uphold?
    did you try for that exchange?

  • @Chrisdshoots
    @Chrisdshoots Год назад +3

    Hey Dan, how long did it take for you to verify KYC on Kucoin? Also if you're in US do you still have to use a VPN along with the RNS ID? you're feedback is greatly appricieated!

    • @FullValueDan
      @FullValueDan  Год назад +1

      Kucoin was almost instant. I'm not sure if Kucoin's IP restricted in the US, but I think you already know the way around that.

    • @chucklaizure1442
      @chucklaizure1442 Год назад +3

      @@FullValueDan Yes, Kucoin does use your IP addy to determine country of residence.

    • @mamoonpirzada
      @mamoonpirzada 11 месяцев назад +1

      Guys i want to know if some one used this digital id in US and how did u cahsed out ur money from Kucoin?

    • @smoofan9423
      @smoofan9423 11 месяцев назад

      @@chucklaizure1442so u also need to use a vpn?

    • @uddin1659
      @uddin1659 10 месяцев назад

      I'm wondering as well, I'm concerned they will ask for proof of funds when trying to withdraw

  • @dderuy
    @dderuy 8 месяцев назад +1

    This is great, thank you!

  • @rootz420
    @rootz420 8 месяцев назад +2

    ID is easy. How do you prove residency?

  • @txturbo930
    @txturbo930 8 месяцев назад

    Great information! Thank you!

  • @franciscallahan4213
    @franciscallahan4213 8 месяцев назад

    Will this work for Nexo??? Thanks for this information!

  • @SamisCircuit
    @SamisCircuit 10 месяцев назад +1

    @fullvaluedan Does this work for launchpads?

  • @Hopmad
    @Hopmad 8 месяцев назад +2

    The only part that I hate doing is every single time we show our ID online it’s getting captured and stored some where and we are just hoping that server won’t get hacked and our ID INFO is not sold somewhere.
    Worst case scenario would be our stolen ID is used in a illegal activity and the authorities come knocking at our door in a mistakenID
    BUT thanks I thought this was cool and look into it. Any other countries have a Digital Id Program?
    Interesting note Palau used US dollar as official currency and it was working with Ripple to test a digital currency.

    • @FullValueDan
      @FullValueDan  8 месяцев назад +1

      That's really a problem everywhere, even with banks

    • @Hopmad
      @Hopmad 8 месяцев назад +1

      @@FullValueDan agreed I meant that problem exists for everyone not specifically Palau.
      But how does Palau benefit from the GLOBAL DIGITAL ID exactly?
      Do you think is it a controlled test before global roll out to the masses or maybe UNITED STATES

  • @DiandraStarShine
    @DiandraStarShine Год назад +1

    wow! thanks!😃🙋🏾‍♀

  • @lowdrag462
    @lowdrag462 7 месяцев назад

    How do you pay taxes then ? for ex, you stake on kraken. how do your declare those earnings?

  • @DavidHarperMusic
    @DavidHarperMusic 11 месяцев назад

    Thanks Dan! 👍

  • @Joricano
    @Joricano 6 месяцев назад

    You da man Dan..lol..this is an awesome video

  • @carlgrussendorf8849
    @carlgrussendorf8849 8 месяцев назад +1

    Uncle Sam is watching whether you know it or not!

    • @troywhite6039
      @troywhite6039 8 месяцев назад

      @carlgrussendorf8849
      Cyber Sam - Skynet is everywhere

  • @prku2
    @prku2 Год назад +2

    My US Passport expired and will process the renewal as of this coming Monday here in the US (EST) can you use say just a drivers license for now or even process the Palau application while waiting on your passport to renew? Thanks for this video, have been sitting on the fence and you video has convinced me to move forward, thanks!

    • @FullValueDan
      @FullValueDan  Год назад +4

      Yup, it looks like a license should work: docs.rns.id/support/faqs
      Applicants can use official government documents like ID-card, passports, driving licenses, and Resident permits. ID must be valid for at least one month after the present date.

    • @prku2
      @prku2 Год назад

      Thanks so much!

    • @747Durango
      @747Durango 8 месяцев назад

      How did this work out for you? My passport is expired.

  • @jayreal69
    @jayreal69 3 месяца назад

    Do you need a passport id for Kucoin and for Mexc? Or can you just use a drivers license?

  • @prku2
    @prku2 Год назад

    Hello Full Value Dan? did you try to KYC with Uphold?

  • @lestercryptokeesxrp4798
    @lestercryptokeesxrp4798 3 месяца назад

    I'm a US residence do you think that this will work on bitrue??

  • @JBenge
    @JBenge 7 месяцев назад

    Do you have to use a vpn to Palau before while filling out info for each exchange?

  • @betserv.1187
    @betserv.1187 8 месяцев назад +2

    With that palau ID, can you enter Palau without having visa?

    • @Tasty_Radd
      @Tasty_Radd 8 месяцев назад +1

      i think you would still need a visa ... but your Palau ID would allow you a longer stay

  • @danielpepmeier4263
    @danielpepmeier4263 11 месяцев назад

    Very nice, you shared some great advice thank you thought value was a 10 out of 10

  • @pb6096
    @pb6096 Год назад +1

    What kind of AI Photoshop software do you use ??? Btw great video . Thanks

    • @FullValueDan
      @FullValueDan  Год назад +4

      Thanks! It's Photoshop (Beta). In the Creative Cloud dashboard, there's a section for BETA versions of Adobe apps that are in it's testing stages.

  • @dlane131313
    @dlane131313 10 месяцев назад +2

    Does this work for launchpads? Particularly seedify

  • @johnM-Jr
    @johnM-Jr Год назад +1

    Thanks Dan this is great. I never knew about this. I was looking in today other countries. They have a e-residency programs. But are they the same I mean do you got a digital or photo ID so you could use it with KYC? Do you know of any other countries that do this kind of thing.

    • @chadcervantes6066
      @chadcervantes6066 8 месяцев назад +1

      Apparently Estonia was the 1st country but later the gov cracked down on them. My educated guess is: Guam, Cayman islands, Hawaii and maybe Phillipines will eventually follow.

  • @allinllc2263
    @allinllc2263 8 месяцев назад

    Great content, thank you.

  • @kobebryant9110
    @kobebryant9110 10 месяцев назад +1

    Do you need to use a VPN with it?

  • @gainzz8493
    @gainzz8493 10 месяцев назад

    Great information thanks.

  • @JeffoV64
    @JeffoV64 10 месяцев назад +1

    Dan, Thanks for the info! Very helpful! Have you tried to attach a US Bank account to any of the exchanges after KYC in order to onramp and offramp fiat? Thanks!

    • @coryt888
      @coryt888 10 месяцев назад +2

      Need to on ramp a different way I'd say. Use a us exchange to onramp then send to wallet then send over to exchange you want to use. There are other more private ways to do this but that's a whole different task

    • @dlukton
      @dlukton 9 месяцев назад

      One thing that MIGHT work... for a US citizen... would be to get a bank account outside of the US. It is POSSIBLE to do that much; once in possession of the bank account, MAYBE it could be linked to the crypto account that was created with the Palau ID. (I haven't tried this, however).

    • @felipef8893
      @felipef8893 8 месяцев назад +2

      Thats the most important question, and nobody is making it.

  • @f.s.73
    @f.s.73 10 месяцев назад

    always great content

  • @CruiseTravelWorld
    @CruiseTravelWorld 5 месяцев назад

    What is staking .. compound investment