It seems like we all have about the same standard. And it is no surprise to experienced bitcoin peers that we want a signed message or better a spend from Satoshi's wallet. Enough of this private meetings or producing an associated address. If Craig is Satoshi then do a spend.
We require and trust in mathematics for verifying bitcoin, are we now going to trust hearsay to verify Satoshi?
|
|
|
Let the gov's decide the wrong way, Bitcoin will win this war for the good of humanity. Is fiat money considered a gov product?
Can anyone clarify the situation of customs duties of products/services purchased with Bitcoin?
I think in most countries fiat is produced by the government. In the U.S. it is produced by the Federal Reserve, which is not officially part of the government. It is considered an independent central bank. At least on paper it looks like more of a banking cabal. As far as customs and duties... That could get complicated as it involves so many laws and governments. I think the main triggering event would be moving $10K or more across a border. When entering the U.S. you must declare anything valued at $10k or greater. I meant if you are purchasing something with Bitcoin over the internet, but helpful info anyways. Ah, I misunderstood. I think most people just don't pay the taxes they are "supposed to pay" on the internet. It has been a long standing thing and there is little any government can do to enforce it. I mean technically if you find a gold ring on the sidewalk you are required to pay tax on it. But who does that? Like garage sales and other examples it would cost more to enforce than it brings in.
|
|
|
Wow, that's crazy. Gavin, can you comment on this? Why does the dev team think this?
|
|
|
Let the gov's decide the wrong way, Bitcoin will win this war for the good of humanity. Is fiat money considered a gov product?
Can anyone clarify the situation of customs duties of products/services purchased with Bitcoin?
I think in most countries fiat is produced by the government. In the U.S. it is produced by the Federal Reserve, which is not officially part of the government. It is considered an independent central bank. At least on paper it looks like more of a banking cabal. As far as customs and duties... That could get complicated as it involves so many laws and governments. I think the main triggering event would be moving $10K or more across a border. When entering the U.S. you must declare anything valued at $10k or greater.
|
|
|
Simple application of logic will show that there is no such thing. Try this thought experiment.
You just discovered a way to "double" your bitcoin. Do you:
A. Create secret accounts then tell the world you need their money so that you can double it all as a public service?
B. Not tell anyone and with just one bitcoin double it until you own all the coins?
Logic is the bane of scammers.
|
|
|
You cannot tax the intellectual property of someone. If so you are being a product of your gov and still going against UN. "Article 17 2. No one shall be arbitrarily deprived of his property. "I'm not a tax attorney or anything. But I think your right that intellect property is not taxable. However the money you make from it (or anything) is. You are being taxed on the gain in capitol value. So if I made a $1 profit because my bitcoins went up in value when I traded them, I owe about $0.10. That is 10% of the profit I made. The good news is that I don't pay until I sell/buy with my coins because until then I have not profited. And capitol gains are a relatively low tax. Compare it to income tax which I pay 30+%. Even better I can claim a loss on my taxes if the price is lower than I paid.
|
|
|
Depends on what type of tax you're talking about. Stuff like value added tax is ridiculous and shouldn't apply. If you make a massive capital gain on them and sell then I don't see why it should be exempt.
Totally agree. At least here in the US, there is no such thing as free money. If you trade your coins at a profit then you owe capitol gains tax. Good luck arguing in court that bitcoin is magical money that is somehow the only exception in the tax code. Well let's tax everything...rain with the excuse of being for natural disasters expenses, and water for drinking it. Bitcoin for being open source , a threat to fiat money and being unique. Now seriously, are you implying you are a product of your government? Cause if Bitcoin won't be any different, I'm done with this closed minded people who can't accept Bitcoin will/might/already is the future of money. Taking only in consideration the same BULLSHIT behavior seeing profit everywhere. https://i.imgur.com/jsOdRSc.jpgDo you think aliens accept FIAT money? CMON!! BITCOIN UNITING THE UNIVERSE. I don't think anyone is saying we like it, just that it is the law. I'm appalled at how much of my tax money goes to nonsense or is wasted. That is a different subject. However the concept of taxation is that the money you made was possible by the conditions and infrastructure of society; and that taxation is societies way of getting paid for facilitating these economic conditions.
|
|
|
It looks like I'm not the only one who wants to see a simple signed message. One would think that Satoshi would understand this. It is suspicious that the inventor of a trust-less cash system would prove himself by secretly showing some reporters or Gavin then asking the world to trust their observations.
@Craig Wright - You could convince us all by simply sending $0.01337 to this address: 1K3zm5ykoStQcWkxpqjg59dcUnFzeyqQc7
It is one of mine and obviously you need to send it from a wallet known to belong to Satoshi. I don't want your money and I'll send it back and cover the fees for doing this. As the creator of bitcoin you surely understand why this is required to be believed. It is not credible to think Satoshi can't accomplish such a simple task.
|
|
|
Depends on what type of tax you're talking about. Stuff like value added tax is ridiculous and shouldn't apply. If you make a massive capital gain on them and sell then I don't see why it should be exempt.
Totally agree. At least here in the US, there is no such thing as free money. If you trade your coins at a profit then you owe capitol gains tax. Good luck arguing in court that bitcoin is magical money that is somehow the only exception in the tax code.
|
|
|
Curious what you think it takes to prove Satoshi's identity. I hear Craig Write proved it to some people, but with what? What evidence would you want to see publicly to be convinced?
|
|
|
I have bought from them under both the old and new management. They were faster the last time I bought, for what it's worth. They did not scam me and I trusted them with quite a bit of BTC.
|
|
|
Hmm. Good question. Or maybe a better question still is why would Satoshi claim to be Satoshi? 1. Recognition, prestige, to become a celebrity. This seems unlikely since Satoshi has chosen to remain anonymous thus far. He has specifically chosen to not be tied to BTC. 2. Because she/he is Satoshi and wants to dispute a competing claim. But there is no other contender with any real evidence. 3. Because Satoshi wants to come out of the shadows and become publicly involved in the project again. I have not heard Craig have any opinion on the questions within bitcoin. Maybe I missed it or he is going to make a statement after proving he is Satoshi. I can imagine plenty of reasons why a faker would want to be Satoshi, but not why Satoshi would reveal himself.
|
|
|
Anyone who trades based on this news is a pretty bad trader. I have no clue who invented most of the technology I use today. And it certainly does not change the protocol to know who wrote the protocol, no more than the answer to a math problem is determined by who is holding the calculator.
But what if the one holding the calculator is... Hitler?OMG your right!!! I just asked Hitler to multiply 3867 x 2 and when he did the answer was 7734. When I turned the calculator upside down it spelled hELL !!!! What does it mean?
|
|
|
The entire BTC is shady. the black market who is 90% from BTC, to miners and exchangers. almost everything is shady when it's about Bitcoin lol yet over 200,000 legitimate business accept bitcoin. you might aswell call FIAT shady because of the street drug deals in detroit and the prostitution on the red-light district. along with all the fiat money laundering in HSBC bank. aswell as the bribes and blackmails of government officials. not only that but the banker bailouts and banker bonuses while simultaneously making millions of people homeless Maymax is trolling and spamming, just disregard him he is obviously trying to spread FUD. You can always tell it's BS when someone is confidently claiming something that simply can not be determined. But hey, his FUD has probably made us all a little money if causes anyone to panic sell. So... You go girl.
|
|
|
What I don't get is the USB is carried to London but what is on it is kept a secret from all but a few? Why not just PUBLICLY show us all? What kind of proof is showing someone then saying "Go ask him, he knows".
Come on Craig, show me the bitcoin!
|
|
|
Oh brother. I suppose no one would click on a reasonable thread like "$470 within a month !!!!11!!".
|
|
|
What do you do first if your altcoin was hacked? Assume your computer is compromised. If you are not using Linux then I would reformat and install Linux. What is the best do to get back your altcoin? Your kidding right? There is no such thing in bitcoin and this is likely true of whatever alt-coin your talking about. And is there cyber police to report it?
LOL, No. If anyone could do anything to get the coins back then bitcoin would not be considered secure. The person who stole them will have to give them back.
|
|
|
Anyone who trades based on this news is a pretty bad trader. I have no clue who invented most of the technology I use today. And it certainly does not change the protocol to know who wrote the protocol, no more than the answer to a math problem is determined by who is holding the calculator.
|
|
|
Gavin explains how Craig Wright convinced him: https://www.reddit.com/r/Bitcoin/comments/4hhecv/gavin_explains_how_craig_wright_convinced_him/Craig signed a message that I chose ("Gavin's favorite number is eleven. CSW" if I recall correctly) using the private key from block number 1.
That signature was copied on to a clean usb stick I brought with me to London, and then validated on a brand-new laptop with a freshly downloaded copy of electrum.
I was not allowed to keep the message or laptop (fear it would leak before Official Announcement).
I don't have an explanation for the funky OpenSSL procedure in his blog post.
Did they publish this signed message later ? Why did he not do a transaction to prove it to all of us?
|
|
|
well, the end of BTC is near once the creator was revealed . the myth that attracted people is over. BTC is like Litecoin or Shitcoin Wha? No. I don't think that matters. Do you know who invented the Internet protocol you use every day? Me neither.
|
|
|
|