Re: Alternative income source?

"Wayne DePrince Jr." <[email protected]> Tue, 04 May 2021 12:54:19 -0400
Newsgroups gmane.comp.audio.ardour.user
Message-ID <[email protected]>
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On Tue, 2021-05-04 at 10:32 -0600, Paul Davis wrote:
> 
> On Tue, May 4, 2021 at 8:40 AM Thomas Mulot <[email protected]>
> wrote:
> > Hi all,
> > 
> > 
> > 
> > While you're at it: Have you taken a look at liberapay? They are a
> > french 
> > 
> > nonprofit that seems made for free software projects. For me, they
> > have the 
> > 
> > great advantage that they are able to simply charge a european bank
> > account 
> > 
> > via direct debit - no need for a paypal account or a credit card.
> 
> As has been mentioned when this comes up on the forums, this would
> require a significant formalization of financial structure, because
> as a US resident (and citizen) it is extremely complex for me to have
> a bank account in an EU country. Therefore using liberapay or any
> other similar system that uses the EU interbank transfer system would
> require designating someone else as the account holder. This is far
> from out of the question, but would represent a big change in how
> things work.

while as a dual citizen i understand that getting an EU bank account as
a US citizen can be difficult, these days there are some multi-currency 
account options like this one from Wise 
https://wise.com/us/multi-currency-account/ .  one account gives US
citizens an EU bank account with all the SWIFT/IBAN/BIC/etc. codes
necessary to do business in EU, as well as in other jurisdictions 
https://wise.com/us/multi-currency-account/#coverage-bankdetails  .  an
d the funds are easily transferable to a US bank account as an
exchange, which also beats most other options.  of course i know that
for Ardour it is more difficult, so please take this as just an FYI
from someone who has dealt with these cross border payment issues.

another obvious option is cryptocurrency though that has its own
complexities ;)

peace, w

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<html dir=3D"ltr"><head></head><body style=3D"text-align:left; direction:lt=
r;"><div><br></div><div>On Tue, 2021-05-04 at 10:32 -0600, Paul Davis wrote=
:</div><blockquote type=3D"cite" style=3D"margin:0 0 0 .8ex; border-left:2p=
x #729fcf solid;padding-left:1ex"><div dir=3D"ltr"><div dir=3D"ltr"><div cl=
ass=3D"gmail_default" style=3D"font-family:arial,helvetica,sans-serif"><br>=
</div></div><br><div class=3D"gmail_quote"><div dir=3D"ltr" class=3D"gmail_=
attr">On Tue, May 4, 2021 at 8:40 AM Thomas Mulot &lt;<a href=3D"mailto:tho=
[email protected]">[email protected]</a>&gt; wrote:<br></div><blockquote=
 type=3D"cite" style=3D"margin:0 0 0 .8ex; border-left:2px #729fcf solid;pa=
dding-left:1ex">Hi all,<br>
<br>
While you're at it: Have you taken a look at liberapay? They are a french <=
br>
nonprofit that seems made for free software projects. For me, they have the=
 <br>
great advantage that they are able to simply charge a european bank account=
 <br>
via direct debit - no need for a paypal account or a credit card.<br></bloc=
kquote><div><br></div><div><div style=3D"font-family:arial,helvetica,sans-s=
erif" class=3D"gmail_default">As has been mentioned when this comes up on t=
he forums, this would require a significant formalization of financial stru=
cture, because as a US resident (and citizen) it is extremely complex for m=
e to have a bank account in an EU country. Therefore using liberapay or any=
 other similar system that uses the EU interbank transfer system would requ=
ire designating someone else as the account holder. This is far from out of=
 the question, but would represent a big change in how things work.</div><d=
iv style=3D"font-family:arial,helvetica,sans-serif" class=3D"gmail_default"=
></div></div><blockquote type=3D"cite" style=3D"margin:0 0 0 .8ex; border-l=
eft:2px #729fcf solid;padding-left:1ex"><br>
</blockquote></div></div>
</blockquote><div><br></div><div>while as a dual citizen i understand that =
getting an EU bank account as a US citizen can be difficult, these days the=
re are some multi-currency account options like this one from Wise <a href=
=3D"https://wise.com/us/multi-currency-account/">https://wise.com/us/multi-=
currency-account/</a> .  one account gives US citizens an EU bank account w=
ith all the SWIFT/IBAN/BIC/etc. codes necessary to do business in EU, as we=
ll as in other jurisdictions&nbsp;<a href=3D"https://wise.com/us/multi-curr=
ency-account/#coverage-bankdetails">https://wise.com/us/multi-currency-acco=
unt/#coverage-bankdetails</a>  .  and the funds are easily transferable to =
a US bank account as an exchange, which also beats most other options.  of =
course i know that for Ardour it is more difficult, so please take this as =
just an FYI from someone who has dealt with these cross border payment issu=
es.</div><div><br></div><div>another obvious option is cryptocurrency thoug=
h that has its own complexities ;)</div><div><br></div><div>peace, w</div><=
div><br></div></body></html>

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