Closed due to lack of interest.

[Atlas]

Closed due to lack of interest.

[Atlas]

On another note, I plan to make a website for this fund in the near future.

How far this goes is up to the Bitcoin community. A Bitcoin address can market itself.

[jasinlee]

And there is no way that someone would just go on the internet and try to convince lots of people to contribute to a random wallet for some  obscure bounty. You should call it the "Human Fund."

[Atlas]

And there is no way that someone would just go on the internet and try to convince lots of people to contribute to a random wallet for some  obscure bounty. You should call it the "Human Fund."

I am just going to respond with this by saying that if the money is transferred out of the above address, against contract, you can come to the address above and hold me accountable. The funds will only be used for the stated purpose as a reward for a country that meets the stated qualifications: accepting Bitcoin as legal tender.

[nebulus]

Great idea!

[jasinlee]

And there is no way that someone would just go on the internet and try to convince lots of people to contribute to a random wallet for some  obscure bounty. You should call it the "Human Fund."

I am just going to respond with this by saying that if the money is transferred out of the above address, against contract, you can come to the address above and hold me accountable. The funds will only be used for the stated purpose as a reward for a country that meets the stated qualifications: accepting Bitcoin as legal tender.

If that is the case, then I have no problem with it, I think lots of people will be visiting TX for other reasons anyway.

[robbonz]

As the president of Sealand I hereby claim my winnings.

[koin]

The World Wide Fund for Bitcoin and its proprietors

there are restrictions that apply when naming your organization.  you might reconsider this if you are using the u.s. postal service.

i can't find the u.s. version, but here's the uk version:

for Bank, Banc, Fund, Insurer, etc.

You must get our consent to use these words in a name used in the course of business even if your firm does not carry on activities relating to financial services.

http://www.fsa.gov.uk/doing/do/sensitive_names

[bullioner]

Legal tender laws are fundamentally unethical.  See Hayek.  They are also a hindrance to a well functioning society based on enforceable reasonable contracts.

Legal tender means that you must accept the stipulated currency as a substitute for what I owe you, even if our contract is denominated in a different currency.

For example, supposing we have a contract stating that I must pay you one ounce of gold on a particular date.  Legal tender laws allow you to do something that, in their absence, would be a breach of the contract: when the date comes, you can offer to settle in the money (X) that's legal tender.  One issue caused by this is that I might not be set up to efficiently handle money X, and the pricing in the contract may have taken this into account.  Another issue is that holding money X may have risks associated with it that I want to avoid, and I might want to construct contracts so as to avoid having to hold it.  Legal tender laws make this impossible.

It would be a positive step if a government were to start accepting bitcoins for collecting tax.  But it would be a very negative thing if they were to start coercing the rest of the population into accepting them in lieu of contractual obligations.  We need to be moving away from legal tender, not towards more of it.

[Atlas]

The World Wide Fund for Bitcoin and its proprietors

there are restrictions that apply when naming your organization.  you might reconsider this if you are using the u.s. postal service.

i can't find the u.s. version, but here's the uk version:

for Bank, Banc, Fund, Insurer, etc.

You must get our consent to use these words in a name used in the course of business even if your firm does not carry on activities relating to financial services.

http://www.fsa.gov.uk/doing/do/sensitive_names

In the US, we don't need consent to name proprietorships of this kind.

[Atlas]

Legal tender laws are fundamentally unethical.  See Hayek.  They are also a hindrance to a well functioning society based on enforceable reasonable contracts.

Legal tender means that you must accept the stipulated currency as a substitute for what I owe you, even if our contract is denominated in a different currency.

For example, supposing we have a contract stating that I must pay you one ounce of gold on a particular date.  Legal tender laws allow you to do something that, in their absence, would be a breach of the contract: when the date comes, you can offer to settle in the money (X) that's legal tender.  One issue caused by this is that I might not be set up to efficiently handle money X, and the pricing in the contract may have taken this into account.  Another issue is that holding money X may have risks associated with it that I want to avoid, and I might want to construct contracts so as to avoid having to hold it.  Legal tender laws make this impossible.

It would be a positive step if a government were to start accepting bitcoins for collecting tax.  But it would be a very negative thing if they were to start coercing the rest of the population into accepting them in lieu of contractual obligations.  We need to be moving away from legal tender, not towards more of it.

I see nothing unethical about a country including all forms of currency as legal tender. It doesn't have to be restrictive. A law could just say nothing is forbidden including Bitcoin.

[Atlas]

As the president of Sealand I hereby claim my winnings.

>permanent population

[bullioner]

I see nothing unethical about a country including all forms of currency as legal tender. It doesn't have to be restrictive. A law could just say nothing is forbidden including Bitcoin.

You either don't know what legal tender is, or you haven't thought through the implications of this.  Before we continue the conversation, perhaps you could give a summary of what you think legal tender means, to ensure that we're both talking about the same thing.

[jasinlee]

Atlas is schizophrenic dont mind him, the voices in his head know him in his country.

[Atlas]

I see nothing unethical about a country including all forms of currency as legal tender. It doesn't have to be restrictive. A law could just say nothing is forbidden including Bitcoin.

You either don't know what legal tender is, or you haven't thought through the implications of this.  Before we continue the conversation, perhaps you could give a summary of what you think legal tender means, to ensure that we're both talking about the same thing.

Legal tender is the accepted means of paying debts (recognized by law), public and private. It's all included in the contract. Now, let's be respectful.

I understand your ideology but this isn't the place for that.

I will just say if you don't like a country's laws, you can move.

[Atlas]

My aim is to see a country that accepts Bitcoins for taxes. Exceptions can be made for private contracts that demand specific means of payments; beyond that, I see nothing wrong with setting a legal lender especially for people who can only pay in certain currencies.

Legal tender laws do not have to be unreasonably coercive. However, it would be unreasonable to allow people to pay traffic tickets in teddy bears or lolipops. Legal Tender can have a reasonable place in a legal environment.

Some here are against monopolies on judicial activity. I accept them as a part of the territorial species we are.

[nameface]

And there is no way that someone would just go on the internet and try to convince lots of people to contribute to a random wallet for some  obscure bounty. You should call it the "Human Fund."

I am just going to respond with this by saying that if the money is transferred out of the above address, against contract, you can come to the address above and hold me accountable. The funds will only be used for the stated purpose as a reward for a country that meets the stated qualifications: accepting Bitcoin as legal tender.

If that is the case, then I have no problem with it, I think lots of people will be visiting TX for other reasons anyway.

barharhar!