Recent fund news: https://medium.com/mit-media-lab-digital-currency-initiative/announcing-a-900-000-bitcoin-developer-fund-6e8b7e8b0861"Does MIT own the copyright to Bitcoin code? For existing projects contributed to by MIT employees, patches are made respecting the project’s license. Bitcoin uses the MIT License. Therefore, the developers’ work is under the MIT License held by the developers (this does not mean that MIT has any control over it, but rather that it is under a non-restrictive license). New projects started by MIT employees may also be released under permissive use licenses — such as GPLv2, MIT or BSD — at the discretion of the developer. MIT does not typically allow for projects to be started with certain open-source licenses — such as Apache or GPLv3 — but members of our group have been pushing to eliminate these restrictions." I would stay on ALERT for the upcoming commits. |
|
|
|
|
Wait...you know where bitcoin development funds come from?
|
|
|
|
As a member of the Bitcoin community I don't want Bitcoin to be further developed by Gavin Andresen, it's obvious to me there is something hidden with the recent news, especially with the upcoming HALVING  |
|
|
|
the OP's post is not a summary. because it doesnt show the hoax part
-snip-
With all due respect to your legendary status, but I think Gavin knows more than you. If he says he has proof, is because he has proof, Gavin is not stupid. no offense to your noob status. but did you see the way gavin was smirking when saying he "thinks" its him. and how no one can be 100% sure Agreed, also the changes of humor in the "interview", like he was trying hard to impersonate what the community gets from Satoshi. |
|
|
|
The real Satoshi... ( DON'T)  |
|
|
|
 Faketoshi ( let's turn it mainstream so media understands) |
|
|
|
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. |
|
|
|
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. 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? |
|
|
|
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. " |
|
|
|
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.  Do you think aliens accept FIAT money (1)? CMON!! BITCOIN UNITING THE UNIVERSE. (1) Fiat money is a currency established as money by government regulation or law. |
|
|
|
...
In my country there is even Rain Tax where you pay money if there is raining. So I am not surprised that BTC will be either declared illegal or heavily taxed in the future.
This is a joke right? If not, where do you live? |
|
|
|
No one likes taxes, but you pay them or run the risk of getting everything legally taken from you at the point of a gun, plus you get to go to prison.
Anyone who evades taxes is a total idiot in my opinion.
Pay unto Caesar what is Caesar's.
What is legal or not is defined by the gov's / people. We are talking about bitcoin scenario not fiat money. When you are working you are subject to be taxed on your salary, not the work itself. Bitcoin has miners ( work ) and you are already taxed for that in the miners you buy for mining. Taxing Bitcoin doesn't make sense to me for the previous reason, also if they state it as "virtual money" they cannot tax it as Bitcoin acts like it's own bank, connecting people all around the world, making it a humanity piece. Bitcoin is also MIT licensed as you may know... https://opensource.org/licenses/MIT making whoever is taxing it going against "x" international laws. Bitcoin being taxable would imply being a product of a gov, which is not. Everything Satoshi fights against. |
|
|
|
|
The network is still working properly.
I think SOIL experienced what we can call a 51 % "mining attack"
|
|
|
|
I do not agree that it should be "free of taxes", in my opinion it should be taxed. Being taxed is just a sign government is respecting it.
So you are acknowledging who doesn't tax it doesn't respect it? Bitcoin can be seen as a threat to economy in the future, that might be the main justification to tax it, even though a hidden one. If the tax is not abusive, I don't see a problem. I pay taxes if I want to exchange my local fiat to USD, EUR, GBP... Then if Bitcoin is a currency it should be treated as such.
TAX IT!
Doesn't make any sense, you already pay the local exchange tax to exchange it to fiat. If Bitcoin is being treated as money a value-added tax cannot apply in the same way as fiat. You could tax the purchase of goods/services, however Bitcoin has it's on network and will not happen for good. |
|
|
|
Is everyone sleeping on the exchange? Difficulty is now ~51gh . Consider this an opportunity for new adopters  Edit - Whoever is still selling at ~2500sat didnt see this ... |
|
|
|
|
Block time should be updated in the op.
|
|
|
|
|
"Money was created to be a payment way for "value" , it should be universal as bitcoin is and without barriers. It shouldn't be taxed by the gov's cause it makes them act like a "global company" and subject to differences, meaning advantage/disadvantage on each country.
Bitcoin was not created by humanity cause a single/group of individuals had to do it, but it is made for humanity. Gov's should not have the right to tell something should be taxable if humanity accepts it as a whole, the same applies for other coins, if they are doing it they are going against human rights, they are also saying it is "money" cause there isnt such thing of "virtual money" if it has the same applications.
Bitcoin users and supporters should go against whoever is against the human rights."
|
|
|
|
|
Show Posts
