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Title: Future of btc? Post by: gochk on February 03, 2012, 08:30:46 PM With news like http://www.infowars.com/un-wants-world-tax-to-help-the-poor/ , " ... world tax imposed on all financial transactions ... "
This news is obviously good news for BTC considering BTC is supposedly to be a non-centralized currency and world governments are not able to tax on its transactions. On the other hand, what's stopping the Feds from closing down all the bitcoin sites like they did to megaupload.com? Your thoughts? Opinions? Title: Re: Future of btc? Post by: science on February 03, 2012, 10:19:01 PM >“a minimal financial transaction tax (of .005 percent). This will create $40 billion in revenue.” >“No one should live below a certain income level,” stated Milos Koterec, President of the Economic and Social Council of the United >Nations. “Everyone should be able to access at least basic health services, primary education, housing, water, sanitation and other >essential services.” Sounds for me not so bad ! Of course its possible 2 shutdown bitcoin but right now its in my eyes just a playground of some nerds :) We will see what the future brings... Science Title: Re: Future of btc? Post by: defenestra on February 04, 2012, 04:18:21 PM >“a minimal financial transaction tax (of .005 percent). This will create $40 billion in revenue.” And twice of that amount for related bureaucratic expenditures... Sounds for me not so bad ! Not "so bad" for now but be assured that in future it'll get worse. People should be responsible for themselves - If you want to fund charity then just get involved privately. There is no reason to be taxed at such whim whatever the excuse may be. Unless someone wants to end up like the horse from Orwell's Animal Farm. I DON'T. Title: Re: Future of btc? Post by: Highway 596 on February 04, 2012, 04:59:12 PM Everyone has their own tolerance for risk. Look at the Eurozone, we really don't know what's going to happen there over the near and medium-term future. Likewise, we don't know what will happen with BTC. As in the world of "real" finance (not that BTC isn't), you balance your risk. I'm personally fascinated by the BTC concept and am eager to begin buying and selling items and services with it but wouldn't stake my retirement funds on it! I can see myself keeping a few hundred dollars in a BTC at all times for transactions but too much more than that out in the ether, that pushes my risk tolerance a little bit at this point. But I'm new, so what do I know :P The figures coming out of these big mining rigs are quite attractive though, I can certainly see why some have invested in that path...
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