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Pedro Gomes
22.3K posts

Pedro Gomes
@pedrouid
Founder & Director @WalletConnect
Portugal شامل ہوئے Eylül 2012
2.1K فالونگ26K فالوورز

@DennisonBertram @AnthropicAI @OpenAI Payment methods should always be wallet-agnostic… like WalletConnect Pay 👀
English

What if @AnthropicAI or @OpenAI just train their models to prefer their own internal payment protocol?
People seem to be making a huge assumption that they can convince the agents to use their wallet solution.
English
Pedro Gomes ری ٹویٹ کیا

If your business is impacted please get in touch with us at @WalletConnect ~ we can onboard merchants or PSPs and pick up wherever you need plus you’re going to love the new WCP flows!
mbaril010.eth 🦇🔊@mbaril010
Hey all, looks like @coinbase @CoinbaseBiz is killing their coinbase commerce platform and the business account are only available in the US and Singapore. So CT what are the option to replace them ? @MoonPayCommerce ? Who else ?
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@henriq__e Politcians need votes and currently the sentiment is very nationalist and socialist
Unfortunately we are regressing in a lot of the progress made me in the last 10 years
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@ArandaMarcos79 Pessoal não se muda para Portugal por causa do pastel de nata… programas como NHR são essenciais para trazer mais capital
Português

@pedrouid "new tax program" 😂
Sabemos bem que prioridade tens.
Português

They had attracted plenty of talented and rich people in the last 5 years. Problem is that then the Govt failed to issue residency cards on time (promise was 90 days max - everyone we know spent at least 2-3 years in that hell known as SEF/AIMA. And then govt changed tax and passport rules. So doubt anyone will believe any promises now.
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@LukaszSzubelak They have already removed real estate as an option to qualify for Golden Visa
But most importantly we are talking about very wealthy expats moving to Portugal
For each house they would occupy it would bring more capital than previous migrations
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@pedrouid Lisbon and Porto already have housing markets distorted by foreign buyers and digital nomads. A wave of Dubai expats with tax privileges means more pressure on rents, more neighborhoods where locals can't afford to live. Not sure if it would be the best design for such a policy
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@rektonomist_ You are absolutely right but I believe its easier to lower taxes when there is more circulating capital
Even when you compare to Catalonia province and it beats the whole country of Portugal

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True…but overall Dubai and Singapore developed this much in the last 50 years due to their incentives, mostly on the taxation side. We had 50 years to understand, learn and implement that.
But we prefer to go after making a quick buck with the current taxation methodology.
Imagine how great it would be for Portugal to reduce taxes for PMEs and bigger companies as long as their workforce is 60% and above Portuguese residents with more than 3-5 years of paid taxes and all legal docs approved.
On top of that the gov could decrease the taxes even more to those companies that on top of the employee ratio would invest in the market (real estate for renting only) or Portuguese companies or social causes (here with a even higher tax reduction)
But then I ask myself, where are our politicians coming from if they can’t even understand the above as an option
English

@pedrouid Omds q pesadelo pff espero q nngm do Dubai venha pra cá q horror
Português

@jmarcelino 100% but now there are millions of wealthy expats looking for their next home… Portugal could benefit from this Dubai exodus
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@pedrouid I may not be the brightest but feel Dubai is mostly maintained by oil exports
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@CarloDotGG It would be great to see some tax benefits for investment to move outside of big cities
There is tons of great places where we could benefit from foreign capital
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I agree! I think it could really been a double whammy win.
- Attract Dublin tech companies
- Attract Dubai wealthy, Crypto companies & content creators
This country would be an unstoppable force if we could just get younger, vibrant and fully merit focused government that understands modern society.
The problem is the level of corruption, bureaucracy, lack of tax clarity(especially in crypto) and the over complicated laws which kill competition. So much potential here, likely more than any country on earth. Could probably even have a 0% tax in many provinces too to invite the building of cities and expanding infrastructure.
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@SergiiSays From my POV its regression because the last 10 years we have seen a much better economy and I would say that it’s due to the amount of expats and tourism
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@pedrouid Even if they really wanted to, the process is impossibly slow. And the recent trend of the government seems to be aiming in the opposite direction, against the expats. Is it good or bad? Only time will tell.
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@zacglover Honestly this is a very small minority… it doesnt compare with the movements that I’ve watched during my time in London and Berlin
Either way this has nothing to do with capital inflow and more efficient immigration 😅
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@0xb____ you are confusing two programs:
1. Golden Vista (still exists but cannot be real estate anymore but you can donate or fund ventures)
2. NHR (still exists but its reduced from 10 years to 5 years plus the tax exemption is 24% instead of 20%)
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