Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
by
dspencer
on 22/12/2017, 18:47:40 UTC


Yes! That's actually what I mean. But with second one nope. Maybe in corrupted countries it is how deals makes, but if we started bussines in EU etc it is not like that. Because you going to jail one day.
If by corrupt countries you mean USA, then yea. Thing is you want to make a legitimate business, too much taxation means you have to spend more time and money just to get it on track. It's easier to just open up abroad.

I did not mean the US, I mean country like Russia. They are easy to start a business, but here a lot of corruption. But yes, there are countries from which it is worth running and starting a business elsewhere. But this is not only because of the laws, it may just be unprofitable at all.
Aside from blunt corruption, some of the regulations put in place by governments are just absurd and counterproductive. I guess that's one of the reasons cryptocurrencies are this popular.
Also, if something is unprofitable, it's irrelevant where you technically opened up your business.