What about claiming capitol gains? That is, pay on the value appreciation at the current 20% rate upon use of coins for purchase, or upon turning them back into dollars.
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Careful, that could be the basis of a claim against you should things go wrong. You are guaranteeing profit?
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For others reading this, you have not been scammed if you have failed to do your own security. $40k should NEVER be online unless you are about to buy something for $40k. In an online wallet I would not want more than $300. Because that is how much I am willing to loose and not cry. Also consider paying for a VPN. If I use two factor authentication over a VPN to access $100. I am not among the low hanging fruit.
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Isn't it the Brazilian government that tried privatizing water? It made it illegal to even collect rainwater and drink it. If claiming the rain as yours to sell is not stealing, I don't know what is.
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Kim could never keep his mouth shut for this long. He is way to extroverted.
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Tell him you live near him and ask to see it in person. Bet he disappears like the dinosaurs.
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I do support malicious testing, but I think it is underway already. The lure of easy money ensures that bitcoin security will be tested every day for the rest of it's life.
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if/WHEN banks get involved, they will eat most of us alive. Banks are not going to act irrationally the way many peers do. They don't care about politics and are not going to fall for FUD. They do the math and that is why they are going to beat the pants off a typical bitcoiner.
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There are wars on a scale almost unseen in the pre-modern past. But tribal people, including native Americans, were not at peace. Tribal cultures live in a state of perpetual war. Raiding their neighbors as a way of life. It is easy to romanticize native Americans, and think of them as living in peace and harmony. A more objective look at them reveals them to be humans. The world we live in, where you as a male will likely not die fighting, is unusual. The tribe I visited in the Darien gap is estimated historically to have lost 70% of adult males to fighting. The number one cause of death for adult males.
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I would still worry about the [private] protection service realizing how much more profitable piracy is. Why not demand all your money instead of payment? What would stop them?
This is a very common concern. It's discussed in the article. (Short version: Piracy is not as profitable as defense, going on the attack incurs some pretty serious costs that defenders simply don't have to worry about. Not to mention the other defense agencies.) Ok then. I want one now. Anyone want to defend me for bitcoins?
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We live in the safest, free-est conditions the world has ever known.
Your statement is contrasted by the fact that the US has the largest prison population per capita on the planet and probably in history. Not something to be proud of. Partly that's due to the modern idea of prisons. Most systems in the past relied on punishment, such as public beatings, or banishment, or death. The idea of holding someone is very rare in history. @myrkul I would still worry about the pirate protection service realizing how much more profitable piracy is. Why not demand all your money instead of payment? What would stop them?
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It may someday require action, and there are several options if needed.
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The "end of government" would mean the end of peace, security, freedom, and all the infrastructure that has never worked without a governing authority.
Security is a service, like any other, and we do not need a monopoly provider of this service. Infrastructure, even today, is mostly privately built, contracted by the governments. The "end of government" would only mean the "end of monopoly provision of security." True. but every petty warlord considers himself a protector of the people and their rights. Rights such as the right to worship the leader or the right to be free of decision making responsibility. Nature hates a vacuum, power vacuums included. No one can go ungoverned for long. I am thankful to have a say in my own governance because it is so very rare in history. I could, for example, decide to live as a woman. When else in history could I do that? Having said these things, I'm always up for expanding my rights.
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File size too large??
No need to send coin, even if this helps.
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You should have seen what they were saying last year. Even though they get it wrong often, the press bitcoin is receiving now is the most positive it has ever been. I think they just want the most titillating story. It is hard to beat "secret hacker drug money".
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Yeah, I'm fine.
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The "end of government" would mean the end of peace, security, freedom, and all the infrastructure that has never worked without a governing authority.
People love to talk about how the U.S. government oppresses them. I would suggest spending some coins on a world history course. We live in the safest, free-est conditions the world has ever known. You can expect to get old and have many of your diseases cured. You likely won't die in a war or starve.
Give it up and only the strongest will be free. Your food, women, possessions; all will belong to whoever organizes their own government.
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If you PM me an email address I can add you to a google doc that I and others have used for presentations. It's an outline that you can modify as needed.
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I'm afraid I don't have a specific investment, but true legal crowdfunding will be starting soon in the U.S. and the market should be awash with options. It may be worth waiting for the funding portals to start working. StartUps there will have to go through some vetting, and are subject to the law if they try scamming you.
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Bitcoin users are affected, you still gotta get your money out. ...
I have never "cashed out" and never will. My coins are for spending not selling. I don't understand why so many peers work their ass of to get BTC , then sell for a thee dollar profit. Why not just spend the coins?
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