I think you would make more money if you gave handys behind the Wendy’s dumpster every day for 7 years.
“take out credit card debt” sounds so goofy like you’re going to the debt store and getting a receipt
Let’s go one further:
-
Get turned into a vampire
-
Buy crypto
-
Go sleep in your coffin for 100 years
-
???
-
Profit
5. Profit5. Realize it’s at 0$ 6. Cry 7. Remember you bought doge because Elon Musk said so 8. Cry
-
What country does anon live in, where prison food and housing is free?
a country that has any reasonable human rights?? well unless you mean “free” in the general sense in that someone does have to pay for it even if not the prisoner…
(The shithole states charge prisoners for room and board)
WHAT
THE SHITHOLE STATES
CHARGE PRISONERS
FOR BEING IMPRISONED
Sorry I know sometimes you need to yell to be heard through the internet tubes
Oh, thank you.
The internet is not
the internet, is not a big truck
itititit’s a series of TUBES
What do they do if you dont pay? throw you in double prison?
Fuck 4chan
Fast and easy way to contract a disease. Wouldn’t recommend
Someone actually did this, then built a nuclear fallout shelter in their backyard in the middle of some city, but he did it all redneck and it blew up or something while building an underground generator or something and killed a 17 year old kid, he went back to jail, got out after another crypto spike, tried to cash out and immediately got sued by the family of the dead kid for wrongful death and got sued by the IRS for back taxes. It’s a fucking rabbit hole of a story.
do you have a link?
your eyes are still too big
You’ll have to somehow launder that crypto first.
BitTornado.
That sounds like a sketchy af bt client lol. “download up to 5x faster and get 69 more boobies per porn with our downloader!”
TitTornado
Monero doesn’t need to be laundered.
It does if you want to spend it in any meaningful way
I pay for my VPN in Monero. You can also get items shipped to an Amazon Locker near you with Monero. I agree, the adoption isn’t great but it’s better than nothing.
Edit:
Sorry, it’s late and I’m tired. I misunderstood your comment. No it doesn’t need to be laundered. It obfuscates the amount of money, recipient and receiver meaning it’s as private as giving your friend some cash in person.
Yes, I understand how monero works. Yeah you’ll get away with buying some groceries or whatever with it, but people who go through bankruptcy (especially who aren’t rich, and are felons) have a close eye from the government on their finances. If you try to buy a house or a car or anything actually life changing with that, you’re pretty likely to get caught and charged with fraud etc., unless you legitimise it, that is, launder it.
I see. That is a very good point. Sorry for not understanding.
You just use it to buy drugs so you don’t have to use your other money for drugs. Kinda like how you use your dirty cash for filling up your car, paying for groceries, contractors… You can basically build an entire house with cash and then sell it and pay taxes and shit.
You probably wouldn’t need laundered crypto, but you would need to be able to hide it from the bankruptcy court. This only works if you can clear the credit card debt.
the IRS TAXMAN finds out and resizes anons rectum in search of the missing funds
nah, you just claim to have used it on drugs, fits well with the go to prison for a while bit
Hi yes, Mr drug dealer. Do u take credit?
no, only crypto
so if you go to prison all your debts are forgiven?
After 7 years in the US all debt falls off. So if he’s in prison for 7 years, yeah it’d all go away.
So if he goes to jail for only 5 he would still owe the bank? lol
Well it works where if it’s non government debt and you don’t pay for 7 years, it falls off your credit report. Of course if you had a car/home tied to it they would have taken it at that point.
But honestly at 5 years the collector will have mostly given it up and sold it to a debt collector for pennies on the dollar who call from time to time when they have nothing else to do.
Well, not exactly. The debt is still there, they just can’t force you to pay it. Exceptions apply, like student loans, and they can probably still claim property in the case of bankruptcy or inheritance.
Also your credit score is going to tank hard.
After 7 years it falls off your report, so if he’s in jail for 7 years he’ll have an empty credit score at the end.
Not empty just extremely low. Low is worse then nothing. Good luck getting any credit after this. Then again, if the crypto actually grew, it may not matter. You would need at least half a million in profit to be worth all the effort of this scheme. Still only making about 70k a year at that level. Assuming you did 7 years and didn’t have to pay anything like prison rent. Seems like a bad investment.
Low is not worse than nothing with credit. Low credit means you exist. When you have no credit score everyone starts to question if you even exist. I may have personal experience with that.
> prison rent
Yank moment
All*
*(Except government debt, and student loans.)
I still don’t get how the punishment for any crime is to not have to work or pay rent… Maybe there’s something to this whole life of crime thing?
I think you’ll find there some other downsides too
Ya know, what’s a stabbing every few months?
In certain U.S. states they send you an itemized bill for your own incarceration.
You have to work and pay rent in prison.
I know someone who did this. Now, He is in Loss.
:.|:;
> Realise you still owe the credit card debt.
Declare bankruptcy!
I didn’t just say it, I declared it
Just commit a crime with a longer sentence than your state’s statute of limitations.
deleted by creator
Most sane crypto bro
I mean if I had gone to jail right after I bought any of my crypto I’d be doing better. Sadly, it makes more sense to pull the crypto than default.
I think I had less than a cent of bitcoin and managed to pull 20 later (almost all of it) then another 20 later. Huge percent profit.
“while your investment appreciates in value”, hopefully.
Even if it loses 90% of its value it’s still a win if the money came from credit cards you never paid back. Although the couple of hundred bucks you get might not be worth the hassle
You will also be unable to take out any debt upon release. It’s difficult to get credit as a released felon without a history of defaulting on debt.
So, being generous and saying that he sees a 4% return on his investment, he’ll have slightly more than he went in owing, and will be completely unable to even get a car loan, a decent job, or place to live.
He will have turned 0 dollars in to a lifetime of hardship.
Correction: He will have turned 0 dollars into a lifetime of hardship and a few hundred dollars.
where do i sign?
If all of the defaults occurred >7 years ago and there’s been no credit activity since the individual would have no credit score because of no credit history. I know this because I’ve literally seen it happen. What you do then is apply for a secured credit card (basically you pony up some cash to secure an extremely low credit limit) then after you’ve established a payment history and a credit score you can move on from there. As far as I know financial institutions do not take into account one’s felon status when determining elgibility
One thing I can say definitively about crypto: It will not see a 4% roi.
