Earlier quoted context omitted.
It is basically a way to make it easier for entrepreneurs to do business in the Eurozone and take advantage of Estonia's generous corporate tax structure. It's mostly a legal / financial device, you can't use it for travel or citizenship purposes.
Are there any real benefits for citizens of other European nations? For example, I run a small B2B company in the UK - would there be any benefits to incorporating in Estonia?
One of Estonia's first "e-residents" explains what it means
151–160 of 177 posts
Re: One of Estonia's first "e-residents" explains what it means
#152Earlier quoted context omitted.
One thing US politics has been phenomenal at is ensuring that there will never be organized resistance to the government. Divide and conquer is the name of the game. I do not think it's a coincidence that politicians seem to have been focusing on issues that are increasingly incendiary, arguably in lieu of more relevant issues. When the country is split down partisan lines, it ensures that any action taken will also…
> I do not think it's a coincidence that politicians seem to have been focusing on issues that are increasingly incendiary, arguably in lieu of more relevant issues. I do not know whether you intend to, but "this is not a coincidence" sounds like it implies a conspiracy. I believe it is a coincidence, but in the same way that evolution is based on coincidence. Random mutations create by coincidence an organism that i…
So, our system is already absolutely a product of exactly what I'm describing. Now let's zoom forward to today. Congressional approval in the US ranges from the low teens to the single digits. [2] Think about that for a minute. That means upwards of 90% of people are dissatisfied with the most basic functioning of our government. If we weren't so divided among one another, our government would be replaced in short order by democratic consensus. But with what..? That question even gives politicians a sort of cognitive dissonance to put themselves as the 'good guys.' It's entirely possible we could, in retribution, elect individuals that could cause immense harm to this nation.
So you're a politician. What to do when you want to help ensure you and your fellow party members continue to get elected, even when 90% of people think you're doing a bad job. What do you do? You could do a better job, but that's tough - you need and rely on "donations" to get into and stay in office and the unspoken promises of those "donations" are a large part of the reason people think you're doing such an awful job. Making people despise and distrust the other group so much that they are willing to vote against their own self interest is one very obvious solution. Let's go back to COINTELPRO and look at some of its intended effects:
- 1. Create a negative public image of activists by publicly smearing their character
- 2. Break down organization by spark internal conflicts and exasperating racial tension.
- 3. Restrict the ability to groups to protest by using infiltrated agents who promote violence and lawless behavior at protests.
- 4. Restrict the ability of individuals to participate by engaging in surveillance, false arrests, and character assassination.
[1] - https://en.wikipedia.org/wiki/COINTELPRO
[2] - https://realclearpolitics.com/epolls/other/congressional_job...
Re: One of Estonia's first "e-residents" explains what it means
#153What Estonia's e-residency actually means. Let's assume you have a startup and you want it to be registered in Estonia, paying taxes and using the Estonian banks for financial purposes. 1. With e-Residency you can't enter Estonia, you need a separate business or travel visa [1] 2. At present, it’s still necessary to travel to Estonia in order to apply in person for an Estonian business bank account. [2] 3. Good, fanc…
Unless you're from US, you can open bank account remotely
http://www.zdnet.com/article/borderless-banking-estonias-e-r...
Re: One of Estonia's first "e-residents" explains what it means
#154Earlier quoted context omitted.
I think I like a new phrase/idea I heard from Jordan Peterson recently. "Hierarchies of competency". This seems to me like a better idea of how society can arrange itself. Society needs to be able to have different people have different amounts of power in different domains, but those hierarchies don't have to be built on violence and raw power. Maybe "hierarchies of competency" could be a stable, positive way to org…
Competency in what? The best person to make decisions may not be the best person to talk about those decisions in front of a camera, or the best person to inspire confidence in those decisions in a nation of (by definition) less-competent people who (again by definition) would have made the decision differently.
Re: One of Estonia's first "e-residents" explains what it means
#155Earlier quoted context omitted.
This is a good point. However for me the annoyance is not about reporting the decrease, it's the fact that if capital drops below 50%, government is now in control whether they exercise that control or not. I would understand something like 10% but 50% is just ridiculous to me.
I think the confusion here might be "starting capital" vs "registered share capital". You should set the registered share capital to the minimum allowed 2500 eur. Even companies making hundreds of millions of euros in revenue set usually set it to 25000 eur. You can then invest any amount over that as your actual starting funds without increasing the registered share value. That way the company is only required to ow…
Re: One of Estonia's first "e-residents" explains what it means
#156err...
>My e-Residency is not a passport. It’s more than a tourist visa, and far less than citizenship.
what? Slip that into the last paragraph? What is it exactly?
Re: One of Estonia's first "e-residents" explains what it means
#157>Japanese prime minister Shinto Abe was the first err... >My e-Residency is not a passport. It’s more than a tourist visa, and far less than citizenship. what? Slip that into the last paragraph? What is it exactly?
Re: One of Estonia's first "e-residents" explains what it means
#158Earlier quoted context omitted.
> What's the way you measure and get consensus on community leaders' merit? I find the model of liquid democracy enticing: Every decision is voted on by the people of the community and because that would be overwhelming you can delegate your vote (in general, for a certain topic or just for a single vote) to someone you trust, like an expert in that area. Maybe people might get a little money for voting so experts wh…
How does that address the problem of complacency? Won't most of us just permanently delegate our votes?
Re: One of Estonia's first "e-residents" explains what it means
#159If so, I could see this becoming very popular over the next few years...
Re: One of Estonia's first "e-residents" explains what it means
#160Earlier quoted context omitted.
And this goes all the way back to the proverbial Adam and Eve? Don't we then all have the same ancestors and therefore all equal opportunity?
"Don't we then all have the same ancestors and therefore all equal opportunity?" Just about every study done on the subject shows that the family you're born into has a HUGE effect on how successful you'll be in life.
Is this irrelevant? Why is it not acceptable for someone that had better parents to do better?