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281  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: August 28, 2013, 07:47:00 PM
If we start spending other people's money on anything other than donations, it might be best to register and start acting like a "legitimate" non-profit.

How come?

The IRS, my friend. I believe the Internal Revenue Service might insist bitcoins sent to us constitute "taxable income" unless we register as a 501c. I could be wrong, however. I don't have much experience in running non-profits.
282  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: August 28, 2013, 05:32:00 PM
Maybe we can have a second donation address for the bitcoin100 where people can send money to be used to promote the Bitcoin100, and reserve the original donation address for money to give to charities?

If people want to spend money to promote Bitcoin100, why not just have them spend the money directly? I'm ok with holding even more money, but I'm not sure if there's a need for it...

It may be time for a discussion about the future of Bitcoin100. How big do we want to get? What happens when we run out of charities, when every respectable organization has either accepted our BTC or said "No thanks"? Does the Bitcoin100 story end or do we start a new chapter?

I agree with Peter that the funds donated so far should be considered earmarked for charities only. Rassah, Phinnaeus and I are covering the minimal overhead expenses for Bitcoin100 out of our personal funds but if we begin accruing additional expenses it might be wise to keep everything as transparent as possible.

If we start spending other people's money on anything other than donations, it might be best to register and start acting like a "legitimate" non-profit. It might be interesting to see how bitcoins and the blockchain may be used to allow our books to remain open to review by anyone and everyone. I for one would like to make a real effort to keep funds in a closed "bitcoin only" loop.
283  Other / Politics & Society / Re: No Taxation Without Representation on: August 19, 2013, 10:28:34 PM
No, you do not have to pay taxes on rocks you find, or sacks of shit (unless that sack of shit came from a store and is meant to be fertilizer) You are getting ridiculous.
There's nothing ridiculous about it. You do have to pay tax on rocks you dig out of the ground if you sell or otherwise trade them. Ask any quarry. Why would you even think otherwise?

Yeah if you sell them. But if you just give someone a rock, you in no way owe taxes to the government. And if you keep it on your shelf, same thing.

You can give away whatever you want without being taxed. The recipient pays Income Tax on ANY type of income, be it cash, stock, diamonds, or bitcoins. The IRS requires you to report your income if it passes a certain threshold: a nugget of quartz worth less than $5 - you're probably safe not including it on your tax return; nuggets of gold worth $5000 - they want to know. A text file with pi notated out to one hundred decimal places - they could care less; a bitcoin wallet with over 1000 bitcoins - they expect you to report it.

The IRS doesn't care where you get your wealth from or what form it takes, they still want you to pay taxes on it. This hasn't changed.
284  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: August 15, 2013, 07:02:54 PM
Hello Rassah,
How are you?

Can I recommend a 501c3 non profit for the Bitcoin100 donation?  There is a group that I am trying to get to start using Bitcoin that is in the process of creating their "BTC donate" button.

Generation Green empowers citizens to voice their concerns and implement earth saving actions. Through heightened awareness we encourage wise choices that ensure sustainable living and the preservation of the environment.

Since 1990, Generation Green (a 501c3) has sought to inform and encourage environmental action in CCC. Generation Green has hosted dozens of workshops and attended countless events. Our efforts have reached all segments of the community. From local arts and crafts classes to attendance at City Council meetings—our goal is to educate all residents in the county about environmental issues.

I just wanted to run it by you first before they set up they start accepting BTC.  What is the best process for them to follow to qualify for the Bitcoin100 donation?



Not sure what to make of this one. Thoughts?

I'm leaning heavily yes. Not sure what your concerns, if any, may be, Rassah.

Got a bump reminder about this. I guess I should go ahead and send them money?

No red flags jumped out at me. I vote "yes".
285  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: August 13, 2013, 05:10:36 PM

I'm leaning toward a yes. Rassah, edd and Jason can publically weigh in on their feelings prior to having SSCP moving forward in having a Bitcoin donation option embedded onto their website.

Yes for me too.

Of course all this is predicated on whether or not SSDP opts to embed a Bitcoin donation option onto their website.

We're talking about the national organization now, right?

I'm happy with donating to either but, if I understood Red Emerald correctly, it's not possible to donate directly to the Chapter; donations must go through the University. So either the SSDP Foundation or the University must have a Bitcoin donation option in order for this to work and I was under the impression that the SSDP Foundation has not been contacted yet.
286  Bitcoin / Bitcoin Discussion / Re: Adding More Decimal Places To Bitcoin Would Be Printing More Money. on: August 09, 2013, 07:56:35 PM
TL;DR: OP is wrong because he doesn't understand decimal places. Move along.


I seriously doubt there will ever be a time, no matter how far in the future, when anyone will ever claim that they could not participate in the Bitcoin economy because obtaining satoshis was prohibitively expensive.
287  Bitcoin / Project Development / Re: Getting Wikipedia to accept Bitcoin donations - Community pledge on: August 09, 2013, 07:45:42 PM
I love this idea(s), a large sum of bitcoins would definitely help getting past the biggest objection of the amount of money donated in bitcoins is small. (which admittedly is a problem until bitcoin gets bigger.)

The only problem is the current address, I'd prefer that there be some trusted escrow address or something along those lines.

I believe Meni to be at least as trustworthy as any other bitcointalk member.

I seriously doubt that even his detractors believe he would run off with bitcoins meant for Wikimedia.
288  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: August 09, 2013, 07:29:14 PM
In other news, the list of charities and the status of each had finally been updated on the website:

Please let me know if I missed anything.

Yay! Thanks!

Could you please change Equine Angels Rescue from "no response" to "pending?" They are interested, but they are a bit busy fighting a lawsuit right now. Someone's horse was severely malnourished, so it was taken away from them and given to Equine Rescue, and now the owner is suing them saying the horse was wrongfully taken away. They shouldn't have problems winning this sit, but it's a hassle and a pain.

Harvest Lots was rejected, not accepted.

Done, Done, and Done.

This list is becoming quite impressive!
289  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: August 07, 2013, 02:43:51 PM
Got word back from the university. Unfortunately, if a club wants to take donations it has to go through a web page on the university site. We can't have deposits going directly into the chapter's bank account.

Side note:

Legally, SSDP consists of two separate, distinct entities – Students for Sensible Drug Policy Foundation and Students for Sensible Drug Policy Inc. The former, as a 501(c)3 organization, engages in education and outreach. Donations to SSDP Foundation are tax-deductible. SSDP Inc, as a 501(c)4 organization, engages in advocacy, or attempts to effect change to law and policy. Accordingly, donations to SSDP Inc are not tax-deductible...

How does the SSDP Foundation itself accept donations? Would it be possible to contact them and encourage them to accept bitcoins on a national scale?

In other news, the list of charities and the status of each had finally been updated on the website:

Please let me know if I missed anything.
290  Other / Off-topic / Re: Pastafarian on: August 05, 2013, 10:17:07 PM
It's still nice to see Pastafarians in the news again even though they're heretical "Colanderists".
291  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: July 30, 2013, 08:34:50 PM
Thanks Bruno. I'm still keeping up with this, and am aware, so no need to contact me. I'm currently just sitting back and apparently just letting you do all the work  Grin

Maybe we can ask if Bitcoinstore can add medical supplies to their huge list of things?

You're doing fine. No problem, bud. No qualms here. But that edd...  Grin

I'm back from the deepest, darkest corners of Real Life, motivated and energized. I'll be updating the site and tackling some other issues shortly.
292  Economy / Securities / Re: SEC Charges Bitcoin Savings and Trust (BTCST) as Ponzi Scheme on: July 24, 2013, 02:15:42 PM
The Bitcoin Foundation's blog post in response to the charges:
293  Economy / Service Announcements / Re: [ANN] KRAKEN.COM - US-based Exchange w/ Margin Trading - OPEN BETA on: July 24, 2013, 01:48:40 PM
Will there be an active market-making or orderbook will be filled by users only (low liquidity).
if they dont link to mtgox the trading will be pretty much dead

mtgox itself is pretty much dead. at least declining like hell.

kraken can link to bitstamp like bitfinex does

stop posting in blue ffs cant read shit

what is ffs?
294  Other / Meta / Re: Activity & new membergroup limits on: July 08, 2013, 10:59:41 PM
This new rule about not being able to miss even a single day is ridiculous. 

Where did you see that rule?  My understanding is that you only need one post every 14 days to get 14 activity points as long as you average more than one post per day.

I think you mean 14 posts in 14 days equals 14 activity points, which is the maximum one can earn in a two week period.
295  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: July 04, 2013, 05:45:19 PM
Pouncer, since I'm responsible for updating the website, I should assume some of the responsibility for this. Going solely on Rassah's last public statements concerning SPICES EIP (quoted below), I changed the status for them on the charities page to what you saw. I've happily deferred to Rassah's judgement in these matters since he has been more active with Bitcoin100 than I have since almost the very beginning but I wasn't aware of any new circumstances that might have resulted in a denial.

That being said, I'm on the fence about this one. If I had done a bit more research before posting my own endorsement of sending them the official Bitcoin100 donation, I might have realized they were a religious organization and voted against it. Since I didn't, however, and they don't seem overtly religious or to be pursuing an aggressive recruitment agenda, I was willing to overlook my misgivings and attempt to be more diligent in my due diligence in the future. Now that the matter has been brought out into the open, I'll just share my feelings but remain open to whatever Rassah and the majority of Bitcoin100 donators decide.

I've updated the page again to show the status as "Under Discussion" and linked to this page.

#4 has been accepting bitcoins since 2011:

As stated above, has been accepting Bitcoin donation since 2011. Depending on their reach (read exposure on the internet), a consideration of a 1/3 of what's currently being doled out if they upped ante up on giving the Bitcon logo a more prominent location on their site. Again, only if their exposure warrants it, coupled with what others feel about it. Overall, they are a very fine organization.

Another way they could earn possibly the fuller amount is if a new press release about their organization is published with Bitcoin mentioned twice (once may not be enough, and three times would be overkill). The news article would have to be some venerable source, oppose to a Yahoo type release. Use thinking outside the box here.

I guess I'll have to be the asshole to tell them that our charity fundraiser is to convince new charities to start accepting, and to ask them for promoting bitcoin on their front page, or to ask them to put out a press release? I'm not sure that would be good for Bitcoin's reputation though, us extorting a charity that caters to mentally challenged kids (double-whammy).

Edd, conidering we've had, ahem, issues, is it possible to put some wording on the site that specifies some Bitcoin100 guidelines, like "donates to non-political, secular charities" and "exists specifically to convince new charities to start accepting bitcoin?" Maybe we can consider those as the "established rules" going forward, and let #4 slide this time, too?
296  Economy / Auctions / Re: [Auction] - Domain & Website on: July 01, 2013, 01:50:31 AM
It looks like I'm the auction winner. I've sent you a PM regarding the next step.

Yep, it's been a busy weekend but I'm replying to your PM now.

Thanks for participating everyone.
297  Bitcoin / Development & Technical Discussion / Re: same public key on: June 29, 2013, 09:58:13 PM
Amazing how one gets bashed and degraded simply because for asking a legitimate question.

I wasn't asserting that the theoretical possibility of two identical addresses is an imminent weakness of bitcoin.

If you read my post carefully you probably recognize that I am simply asking whether there is a mechanism in the software that somehow prevents two identical addresses (meanwhile I found out from your responses that there's not) and secondly, I wonder what the implications would be if  there were two identical addresses in the system. To this question you have failed to provide a profound answer yet, since you obviously prefer to bash people than to provide instructive explanations (which of course requires more intelligence and respect for other people that don't share the same level of knowledge yet).

I think this attitude is not beneficial for mainstream adoption of bitcoin.

Your question was answered though it might not have been very obvious. The result of such an astronomically unlikely event would be the same as if you were struck by lightning, hit by a car, and attacked by a great white shark in the middle of the Sahara desert at the same time: it would be (potentially) very bad for you, the victim, it would get a lot of attention and many others would probably worry about the same thing happening to them despite the odds against it while the rest of us and our descendants would happily use bitcoins until the universe ended without ever experiencing anything similar.

Hope that satisfies you.
298  Bitcoin / Legal / Re: Bitcoin Foundation receives cease and desist order from California on: June 29, 2013, 08:21:50 PM
Im truly sorry for all Americans and all the spying and regulating they have to endure.

As long as we can still go to Starbucks and get a Grande Latte with the little college Mary Moon were tutoring and screwing after class - it's all good.
You can get a Starbucks in almost every country and Mary has probably been to most of them.

Not my Mary!
299  Alternate cryptocurrencies / Altcoin Discussion / Re: Secession on: June 28, 2013, 03:02:20 AM
Story: Secession
Minimum Length: 5,000 words
First Prize: 1,000,000 devcoins
Second Prize: 500,000 devcoins

Scenario: A group of freedom fanatics buys an island and then secedes! There's at least a hundred of em, the island has enough farmland to support them, they have lots of guns, and they have good communication equipment including cellphones and at least one satellite phone and one ham radio transmitter.

Any deadline for this? I started drafting something tonight but I have to warn you, it doesn't have a happy ending.
300  Other / Off-topic / Re: I lost $10,000! on: June 28, 2013, 01:02:19 AM
How long ago did you hide it?

Try taking something the same size, pretend it's valuable and look for a place to stash it. Odds are there aren't that many places you'd hide something worth $10,000.
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