|
There's always going to be some demand in China for btc. Even if people have to get creative in order to obtain it. A country with such strict banking controls was made for bitcoin.
|
|
|
|
|
This is pretty interesting. Will let some of my Canadian friends know about this. Always good to have a lawyer in your pocket in case something comes up.
|
|
|
|
|
I concur with the general sentiment: be weary.
|
|
|
|
Hello BitFlix, According to Costa Rica's basic legal structure, people cannot do only what is expressly prohibited by law. There are no rules prohibiting on-line gaming or requiring a licence for these activities. Due to the large number of sports-books in the country, the government has created a tax for companies that have local operations based on the number of people they hire. http://www.asamblea.go.cr/Centro_de_informacion/biblioteca/Centro_Dudas/Lists/Formule%20su%20pregunta/Attachments/900/Ley%209050-casinos.pdfThe banks in Costa Rica do have a stronger position when dealing with funds from the gambling industry. They could restrain from opening bank accounts or could close accounts if found to be related to casino activities. Therefore, the best arrangement is to have have your server's hosted in Costa Rica, but all other operations in a different jurisdiction. Costa Rica's tax structure is based on the territorial principle. Therefore if a specific company is acting outside of Costa Rica, they are not affected by Costa Rica's tax regulations. To resume: If no income comes into Costa Rica, no taxes are due in Costa Rica. I hope this clears up the issue a bit, but let me know if you have further questions. Regards, Wow, that is pretty amazing. That seems like paradise for a bitcoin business. |
|
|
|
|
Ireland is a popular choice with online casinos.
Also, if I remember correctly SatoshiDice had some sort of operation out of there as well.
|
|
|
|
|
I think in general the police are really increasing their resources in the cyber-crime department. So I would totally expect to have a case like that fully investigated in a western country. Maybe I'm just optimistic though.
|
|
|
|
|
Has anyone come out with a wallet or piece of software yet that actually does the accounting for you?
|
|
|
|
|
It's always on your own personal behalf though. If you're trading for yourself only and no one else then the company you trade with isn't a factor here I wouldn't think.
|
|
|
|
|
I was lucky enough not to have money tied up in Gox, but if I did I would be very skeptical of this Sunlot plan.
|
|
|
|
|
What would realistically happen if it wasn't legalized?
Also, what has happened to the bill? What sort of timeframe are we generally supposed to expect here for it to become law?
|
|
|
|
|
Good luck, but honestly I think it's going to be difficult for you to get results. I've seen a few posts here from people who have already started the legal process against them.
|
|
|
|
|
See if you can get more information from the bank and come back here if you can and let us know what they say.
|
|
|
|
|
It's possible that it could be used by terrorists to transfer value around. But honestly at this point I highly doubt it, and I would expect most groups to have some sort of network between countries where they can exchange money. I know there is a massive non-terror related network for transferring money throughout the muslim world already.
|
|
|
|
|
It's an interesting side effect of bitcoin, but also one that causes a lot of headaches for users. Like the virus signature in the blockchain that gets picked up by some virus scanners(it's not possible to infect the computer however), and the child porn that some sicko put in there as well.
|
|
|
|
|
It's an interesting situation to follow, that's for sure. Saw that reuters picked up an article on the resignations. But really 10 members is a drop in the bucket.
|
|
|
|
|
The government would have to do an all out attack on bitcoin to shut it down. And that would be unprecedented. It would take some political will, and I don't feel that the situation is too bad for bitcoin at the moment.
|
|
|
|
|
I don't like PayPal any more than the next guy, but I do think it's in their best interest to provide some services related to bitcoin.
|
|
|
|
|
Is there a syllabus somewhere that we can take a look at?
Is this course heavy on cryptography?
|
|
|
|
|
I think Circle is the probably the first real shot bitcoin has had at making a dent in the mainstream market.
|
|
|
|
The number of newbies with strong feelings about Circle is rather remarkable.
Classic bitcointalk... Same thing over and over again when a major service provider pops up. |
|
|
|
|
Show Posts
