Topic: 2013-07-11: [Italian] Sex and Rome: Economic Crisis: Prostitutes Prefer Bitcoin (Read 2221 times)

How would someone get cought by the IRS using cash? Do people really pay prositutes with creditcards ??

Since December 6th 2012, cash payments are only allowed up to an amount of 999,99 EUR. To pay an amount of 1.000,00 EUR or higher it is necessary to either use debit cards, credit cards or non-transferable cheques or to pay by bank transfer. Fines start from 3000,00 EUR up to 40% of the payed amount. Since January 1st 2014, payments for rental fees (holiday homes included) cannot be payed cash regardless of the amount.
http://www.europe-consommateurs.eu/en/consumer-topics/buying-of-goods-and-services/cash-payment-limitations/

nearly one out of ten customers prefer this payment, they feel more confident of not being caught by the IRS

If I were great-looking I wouldn't ask

In case you are great-looking and don't have a problem pleasing older ladies in ways they imagine, I guess you can become a prostitute yourself.

I guess Google's algorithms are slightly overzealous in translating Italian terms to English equivalents.

Anyway, in many countries (including Italy) credit card records are not private and are shared with taxing authorities in order to detect lifestyles expenses that don't match declared income.  So there's an extra privacy concern wrt. using credit cards for sexual purchases: not only will they be stored on the credit card's history, but someone in the local tax office is guaranteed to also know about your escapades.

so where do I get free sex and 10 bitcoins?

What's the IRS doing in Italy? What are food stamps doing in Italy? Maybe it's a translation thing.

How would someone get cought by the IRS using cash? Do people really pay prositutes with creditcards ??

nearly one out of ten customers prefer this payment, they feel more confident of not being caught by the IRS

so where do I get free sex and 10 bitcoins?

With the crisis, it will be that the 'hi-tech advances, will be both things together, the fact is that the world of eros is adapting to the times we live. No checks or cash, old stuff, now you are charged with sexual performance virtual money, the so-called bitcoin. Used by celebrities and entrepreneurs to not be "tracked", are becoming the new currency to launder illicit affairs, and also for the sex "you must not know."

THE TESTIMONY. Confirms it for me Pascal, Roman gigolo. "I was contacted by a lady Swiss - says exclusively to" Sex and Rome "-. During the dinner, including a chat the other, waiting to switch from wine to bed, I discover that she, like me, has invested in and used the bitcoin bubble of March. " Coincidence very welcome by the lady of Lugano. "Let's move on to the hotel - Pascal continues - and did my job of gigolo, she takes her iPad, asks me for my account number and I make a payment." Has paid on its portfolio 10 bitcoin that at present are approximately 1,000 Euros. "At the time I am amazed but then accept thinking that this could represent the future." Not bad for a night ... "I to this type of women never ask a figure - he says a little 'embarrassed - I'll leave it to them, but I must say that with the virtual payment I went pretty well. She then confessed to me that many of her friends are beginning to use this currency for payments. At this point - ends with air manager - I think in the short insert on my site direct payment in bitcoin.

Even women are gearing up, then, but for the moment to demand payment in virtual are mostly men. Sonia, Escort of the Old Town, I confessed: "I had to open my account in bitcoin, nearly one out of ten customers prefer this payment, they feel more confident of not being caught by the IRS. And I'm in it for more than the cash, because they generally pay more and a 20% more to hold off the edge of the exchange rate risk. " Intrigued by these statements, I do a tour on the web, and I find two Portaportese online ads for rendezvous where it is stated: "We accept bitcoin." It was once "We accept food stamps," changing times ...