BasedInfra

The implication is that they do it purely for tax relief and not as an appreciating asset.

If that was the case they would be losing millions each transaction.

Exactly. Presuming a 50% tax (highest end worldwide) rate and a full write off they spent 50 mil to save 42.5 mil on taxes.

Usually it’ll be capital gains income where they would be writing off which is a much lower rate. Example 20% in which case they saved 15 mil in taxes for 50 mil investment.

first 20% goes to gift aid in the UK so some countries you wouldnt even get full tax band.

Now tax free storage of art usually in ports is interesting but not some 100% write off scheme.

What utility do your NFTs have?

You can use Cloudflare access for internal which is tunnel + identity access management for end users.

You can put just ‘HMRC’ (UK tax department) on a letter (with paid postage) and it will get to them.

UK is not a part of the EU so it wouldn’t have to mesh at all unless I’m missing something?

Maybe a basking shark filtering masses plankton but it’s no great white.

A great white would have launched a GPT api competitor far earlier and recognised the search replacement use case.

GPT3 came out in 2020. People had used it as a search like function in 2020, we’re coming up to 3 years and only now they’ve acted to then bum rush into a competitor that’s demo tanked the stock?

What’s the worst thing Oracle has done aside egregious enterprise pricing?

>premium cards [are] commercial, corporate, or business cards issued by Visa and Mastercard

Revolut Metal (personal) is not one of these cards.

Commercial cards (business banking, business credit etc) are what these cards are and they have less regulation in the EU.

For instance no cap on interchange fees and they can show prices excluding the card fee and add that on at checkout for business card users.