RE: OTC Hive trade is the way
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That's an interesting angle I haven't actually looked at. I'd need a US bank account or at least an account that receives dollars but with this, I could be the middle man that facilitates OTC trades.
Assuming you buy Hive or any crypto over the counter, I'm guessing you don't have to deal with tax related stuff if you "gift" me money and I "gift" you Hive(that's not a purchase).
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If the transaction is done quickly, there is no capital gains, therefore no tax implications. You're buying and selling at the same price. If you keep crypto inventory, that's where it's an issue. This is why @v4vapp works well with Lightning. I put in cash, Lightning instantly converts to sats, which v4vapp instantly converts to HIVE or HBD.
And there are services such as Revolut.com and Wise.com that allow you to have multiple currencies.
Revolut sends information to the government though
I'm sure they all do. Other than crypto, there really isn't a way to transmit money internationally that isn't monitored. And even then, crypto is extremely traceable except for Monero.
Yeah but assuming you sent me money and I sent you crypto, that's not a crypto transaction to the banks and fintech institutions that report to the government, right?
No, they would have no way of knowing. They'd only see the one side.
I guess P2P is the way forward then
I would only caution that receiving payments from others consistently, unless there's a business, could potentially give an impression of money laundering. I don't know for certain. I'd do it with an account that I can afford to have shut down, not my main account. But if it's low value and infrequent, perhaps it won't raise questions.