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PLATO you are a hero!
Just brainstorming some more ideas:
* you could host a bitcoin barbecue somewhere on the way. people bring the meat and beer, you eat, and in eating pauses tell them about bitcoins
* Bitcoin fireworks. lets get some people to stand in the bitcoin coin symbol arrangement and fire some fireworks in the sky
* you draw a bitcoin onto the map (round shaped coin + the "B" symbol by making this your trip pattern) I am happy to donate some coins if you need more fuel for the car
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No offense
I like you bringing useful information into this forum. It would just be great if you can help getting most clarity into this complex matter...
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How sure is it that the "store of value" call on bitcoins is really correct?
well davidonpda of bitcoinusa.com said: Some information we have received from the Department of the Treasury that may help others or existing exchangers expand their presence in the United States. We asked for a ruling on Bitcoin, and bitcoin is determined to be "Stored Value" and FinCen regulations do not apply if $1000 per day per person is exchanged. Here is a specific ruling on Stored Value that applied to our situation: http://www.fincen.gov/statutes_regs/guidance/html/fin-2009-r001.htmlThanks, there are still 2 questions: 1) I am still not 100% clear whether the Department of Treasury really assessed bitcoins or whether they just sent the old 2005 ruling to davidonpda. I recall someone in the forum asked him to send the official letter and I am not sure if this happened. It would be great to get clarity. 2) If FinCEN regulations would apply, what would be the implication for bitcoins? Would the FinCEN regulations automatically apply if trading volume is higher than 1 $k? |
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I'm writing a 20 page report on this within the week. I will post it for the community once I'm done.
Are you a lawyer? I'm not being facetious or anything. I'm just curious. I am not a lawyer. I'm just interested in the subject and how it relates to the law.
You better get top experienced lawyers with financial and payment expertise to work this article with you before it will contain only a bunch of wrong asumptions.
My few bitpennies. |
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How sure is it that the "store of value" call on bitcoins is really correct?
It would be closer to a digital commodity.
and i am not aware of trading restrictions on commodities of 1 k$...
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Someone was sending the same ~95000 BTC repeatedly. He could have gotten the "daily sent BTC" to 22 million if he kept it up.
Thanks for clarifying+ |
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Just observed that in the past 24 hours, we have
7,149,570.84
Bitcoins sent.
Is this the highest ever? Are there individual big chucnks of BTC sent around? IS Satoshi active again :-) ??
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BTC/USD is developing another triangle pattern, which so often has been BULLISH.
As soon as prices move significantly above 1.10 $, a new acceleration of the rally is likely.
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And again, I have reset the market sentiment poll.
Up?
Same as now?
Down?
I don't know?
click on the poll above
Please VOTE
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Guys, if we are very numerous it will be hard to find a table in a restaurant. I can book one but in that case please confirm that you can be in Paris "la Défense" at lunch time on may, the 25th.
But in worst case scenario, we'll always be able to find some room in a café. So I guess it's fine.
I confirm to be there on May 25 in the morning around 10:30 AM and need to leave by train around 5:30 PM again. Let me know if this can work for you. In case not, I need to think about planning to stay overnight somehow. |
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Comply and use bitcoins. Should be easier to comply using bitcoins anyways.
This sucks but it's great for bitcoins.
thats what I mean +1 |
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This is why it is essential for online gambling operators to maintain anonymity. Register domains and pay for hosting anonymously. Also, make sure the site functions correctly with IP addresses only (no shared hosting). Edit: This is going to propel Bitcoin into the stratosphere, seeing as how Matonis just gave a talk at a major gaming conference about how Bitcoin is the ideal eGaming currency: http://bitcointalk.org/index.php?topic=5266.msg77015. I think it is crucial to rather comply with the needed regulations. Otherwise, this bitcoin poker activity could easily kill bitcoins as government would go after it. |
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wow.
this is epic.
Shouldn't we find a journalist to join Plato for a bit and report about bitcoins and Platos great courage?
who knows a journalist in the us who could be interested?
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I'm up for coming too; and maybe hitch a ride with S3052 if possible  Edit: The train service is pretty good as well if not on strike; I also got convinced that the train is probably best. Lets plan for that.. Lets see if we can brand out train compartment with BITCOIn :-) |
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wow. Thanks so much.
one can easily underestimate the time it takes to execute "simple" additions.
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