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Those are good news, but that's only logical. I understand a country may wish to tax capital gains with BTC, but nobody has ever seen VAT or any kind of sales tax to a currency.
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I see most people here have never been to Africa.
There's ten times more people with an Internet connection in Africa, and there is way more money in Africa.
I guess Mercedes sells at least 5 times more cars in Africa than in Australia.
Then, there hundreds of millions without a bank account, so BTC has huge opportunities there.
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You should compare country to country! Africa of course, because it has more than 50 times more people, but there huge disparities in Africa. In SA or Lagos, there are people living just like in rich western countries, but there are also millions living with 2$ a day, or less.
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Can freedom (for a country) exist without a strong military force?
They will definitely need an army to fight against Serbia and Croatia, because both countries claim it. It's actually unoccupied, but it's more of a demilitarized zone than an unclaimed territory. |
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Both Serbia and Croatia claim this place as their own. The idea that nobody claims it part of its territory is totally unfounded.
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How do you insert data? You have to make a transaction each time? And how do you update the database? You cannot erase data in the blockchain! I have a MySQL database for my business, and I can't imagine using the blockchain in its place, even though I admire the robustness of the blockchain.
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My opinion is that gambling is bad for BTC.
BTC has suffered too much from being associated with terrorism, pedophilia or gambling, even if hard facts were non existent. I don't want anyone to think of BTC as some kind of monopoly money, and there's nothing positive in online gambling. I advise you to look for another business idea.
You can argue whether gambling itself is good or bad, but it's definitely good for BTC (in terms of price and adoption). Like it or not, currently large % of all bitcoin transaction relate to gambling, which probably creates fair part of demand. Would it be good if you take it away? What you're talking about is the image issue. You seem to want to present Bitcoin to the world as 'pure goodness', that's bullshit. Bitcoin is not meant to be solution to all the problems, it's meant to be an alternative to fiat. That means it could be used both for noble and for shady things. And that's OK. Noble and shady things, this is very precisely my idea. The problem right now is that the shady things might be too big, and the noble causes too small. If someone comes up with another gambling project, BTC needs at least 2 noble projects to balance positively its image. |
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Does anyone believe background checks will prevent criminals from getting guns?
This Sheriff just knows better, and sees no need in enforcing useless regulations.
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So what? There are plenty of sociopaths and psychos in this forum, too.
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Well, the Tsipras-Putin turned out to be a non event. I guess Greece doesn't have much which could be of any interest to Russia.
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The first one, regarding journalists writing more books than articles isn't surprising. Most journalists write about news relevant to millions of people, very few BTC stories qualify.
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A multi-currency exchange office of course, with BTC just another currency. It should work with cash or cards to give users a wide choice of possibles.
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Don't wait for me. If it's official, I'm not interested.
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Correction: it should be why do some people assume...
I don't assume anything about Satoshi, nor do I ever think about him (or her).
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So this is it. The wait is over. I wish you good luck, and I add that I'm amazed you start big: "a self-sustaining town at sea".
Wow! Again, all the best!
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Also, you may consider exiting the system without physically leaving it. That's what I'm doing, only going to my desert escape a few days per year.
If you want to know more about settling down in the desert, you may look at Dubai. There were huge money involved, but this is a successful example.
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I've never used any tax software in my life, and I never will.
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I know for sure some people will never pay any tax on their BTC income, nor any of their income. It mostly depends where you live.
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Hello Everyone,
I am a young entrepreneur and I want my niche to be online P2P gambling, with no house edge. I believe this is a system where by provably fair sites can remove some of the stigmas associated with skill-based and chance games, as well as provide educated people (statisticians for example) and long-run method by which to make real returns from their knowledge despite an economy that undervalues their skills (even though they're paid more than the poultry that goes for average these days).
Anyhow, I understand that there are many counterpoints and draw backs from what I have said. We are aware that gambling has ruined lives before. Yet, recently governments (UK, Canada, Italy, etc.) has begun to offer online gaming as a way to generate taxes. Does government ownership of gambling make it more legitimate? Are the government's imposed limits a big difference in when it comes to the application of these devices? Are some governments/regions/jurisdictions more progressive than others?
This conversation is of particular interest to me so thank you for any and all input.
Open Ocean
My opinion is that gambling is bad for BTC. BTC has suffered too much from being associated with terrorism, pedophilia or gambling, even if hard facts were non existent. I don't want anyone to think of BTC as some kind of monopoly money, and there's nothing positive in online gambling. I advise you to look for another business idea. |
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