You do know where Gandhi is from and what they did to him, don't you?
First make clear which Gandhi you are referring to. There are two Gandhi families. 1. The original: That of Mohandas Karamchand Gandhi. Died in 1948, his descendants are not active in politics. 2. The fakes: The current ruling dynasty in India. Originally, this was the Nehru family. However the new name was discovered after Indira Nehru married Feroze Khan in 1942. Both adopted the surname Gandhi. This family is currently ruling India. |
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Once, he was the largest shareholder in the Canadian Imperial Bank of Commerce. But he sold his shares in 2005. If he hadn't done that, it would have been a big help now.  |
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I doubt that the owners of a site in Finland are giving customer information to the authorities in India. There's no means by which they could issue a subpoena.
Only the USSA gets to effectively exercise extraterritorial jurisdiction.
Better be safe now, than sorry later. The Indian Income Tax is notoriously corrupt and biased. If they get a stick to beat you, then you will lose your life's earnings. Going for appeals won't help. It will take 10-15 or even 25 years to get a court date. |
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Switzerland is really complex. Each of the 26 cantons are allowed to determine their own tax regulations. (even something such as immigration is different for each of the cantons).
Then there might even be Cantons which don't require any tax at all.  The problem is that gaining residency in Switzerland is difficult as hell. |
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$0.01 = 122.6 indonesian rupiah
Don't compare with the Indonesian Rupiah. It is not among the major world currencies. If you want, you can compare with the Japanese Yen. 1 JPY = $0.01, I think. |
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I think people tend to tip a lot more in different alt coins. I've seen a few people overjoyed at their mysterious doge and sexcoin tips haha. Don't know much about those coins. There was a Litecoin giveaway here, as late as this September. Even I got a few coins (I think he was giving 0.1 each). |
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You won't get tipped by putting an address in your sig. At least I never have  I got one or two tips when BTC was going at $15. Everything seems to have stopped now. |
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This is a flaw of a decentralized currency powered by democracy. The following is a nice video on explaining the implications of this effect: http://www.youtube.com/watch?v=s7tWHJfhiyoIn essence, those who are worrying about a single pool getting to 51% (i.e. "first past the post") will go to the second largest pool, instead to the smaller ones. Essentially only two pools will be left. Same with the two-party system in America. If only two pools are left, then definitely one of them will cross the 51% mark and the other one will be decimated. |
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No. It's too confusing. Use either full BTC or satoshis (if BTC becomes much more valuable in fiat).
If you want to use Satoshi as a base unit, then it should at least reach $0.01 in value. And for that, the BTC should cross $1,000,000 mark. |
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Even now they are doing everything they can to destroy Bitcoin. JP Morgan even tried to patent the technology. But the truth is that they are currently powerless to do so.
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What if the yeild is 10,000 percent? 1.2 is small eh?
This is exactly why I asked the question. And one more thing... I think that the 1.6% tax applies in Switzerland only if you owns more than 1 million CHF worth of coins. For the other slabs, the rate is much lower. |
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My Indian friend called me a few hours ago, and told me that he is deleting his Localbitcoins.com account. His bank accounts were linked to it, and he is now fearful that the police might come after him. But he also told me that there are still Indian users who are selling Bitcoins using that site.
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Wonder how long before Bitpay goes public? 2, 3, 5 years?
They will consider going public once a reliable and trustworthy Bitcoin-based stock exchange is established somewhere. Most of the current exchanges (BTCT, MPEX.etc) have proved to be con-jobs. I myself lost more than half of my hard earned coins in BTCT. |
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If we get more institutional investors, then I think the Bitcoin exchange rates will stabilize. Short selling is causing the volatility. Need to clamp down on it. |
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A new government will be elected after the April 2014 elections and in all probability the current Reserve Bank governor will be thrown out of power immediately after that. So I urge all Indian Bitcoiners to wait for 4 months. Don't do anything drastic.
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Jehovah's Witnesses don't join the military, work at factories that produce weapons of mass destruction, i.e. guns, nor salute their state flag. Yet, they're bound by their doctrine to pay all their taxes due in a timely fashion.
If they don't salute the state flag, then it is not an act of treason? Anyway... I don't have any problem with paying taxes, as long as they are not unjustifiable. |
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Yeah so exclude wealth tax countries too. As far as I'm aware Belgium, Germany and the Isle of Man should be on this list.
Why exclude the wealth tax countries? The maximum wealth tax in Switzerland is 1.6%, which seems minuscule to me. So Switzerland should be on that list. |
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So the bank of India has the power to arrest people? The current government of India is one of the most corrupt in the entire world, and the RBI governor (Raghuram Rajan) is very close to the ruling party. Yesterday, they just launched a criminal investigation on flimsy grounds against the opposition leader. If the opposition leader himself is not safe, then what will be the condition of the common people? |
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I heard it was a stupid accident while cleaning his weapon ...
lol... he was 94 years old, but he was still very active and regularly practiced his targets. |
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No one will bother to gain 51%. The argument is simple. the 51% is the self-destruct button. They destroy the bitcoin system and they destroy themselves. Why sink the ship when they are onboard the ship?
Don't be so sure. What if someone gains 51% of the hash-power and steals all the top-100 wallets. Only a few dozen users are robbed, but 5 million coins will now be held by the attacker. Selectively conducting transactions and reverses will not cause the death of Bitcoin. |
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