Forum finances

[DiamondCardz]

I wonder what is the purpose of posting forum finances openly ? Users are not stakeholder. May be, only those who donated, have the right to access this data.

I agree
Just like only the developers of the bitcoin software have the right to access the source code

Precisely what jackjack said. That is one of the most stupid suggestions I have ever seen on this forum, BitCoinDream. You are asking a forum that is used for discussion of a completely decentralized currency to centralize itself and make its finances private. What is the point of that...?

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[Muhammed Zakir]

I wonder what is the purpose of posting forum finances openly ? Users are not stakeholder. May be, only those who donated, have the right to access this data.

IMO : As this is public forum, making this public would be a good thing too. If donators can only access, then I think users who registered after 2013 mostly can't access as the donation amount is high when considering the value/BTC.

  ~~MZ~~

[BitCoinDream]

I wonder what is the purpose of posting forum finances openly ? Users are not stakeholder. May be, only those who donated, have the right to access this data.

I agree
Just like only the developers of the bitcoin software have the right to access the source code

Precisely what jackjack said. That is one of the most stupid suggestions I have ever seen on this forum, BitCoinDream. You are asking a forum that is used for discussion of a completely decentralized currency to centralize itself and make its finances private. What is the point of that...?

I dont need to ask it to be centralized. It is Centralized. DefaultTrust is the biggest example of that. I'm skipping the other examples as those are beyond the scope of discussion of this thread. Its funny that someone is comparing Bitcoin Core's development model with the forum !!! How come are they comparable ?

[EFS]

It's funny how people think forum is decentralized. Forum still has a lot of BTC reserve, thanks to theymos.

[jackjack]

I wonder what is the purpose of posting forum finances openly ? Users are not stakeholder. May be, only those who donated, have the right to access this data.

I agree
Just like only the developers of the bitcoin software have the right to access the source code

Precisely what jackjack said. That is one of the most stupid suggestions I have ever seen on this forum, BitCoinDream. You are asking a forum that is used for discussion of a completely decentralized currency to centralize itself and make its finances private. What is the point of that...?

I dont need to ask it to be centralized. It is Centralized. DefaultTrust is the biggest example of that. I'm skipping the other examples as those are beyond the scope of discussion of this thread. Its funny that someone is comparing Bitcoin Core's development model with the forum !!! How come are they comparable ?

The thing is that I don't understand why it bothers you
I don't understand the "only xxx have the right to access the data" thing either

Don't get me wrong, I don't think users HAVE to know about the finances. But if theymos chose to do it I don't see where the problem is

[BitCoinDream]

I wonder what is the purpose of posting forum finances openly ? Users are not stakeholder. May be, only those who donated, have the right to access this data.

I agree
Just like only the developers of the bitcoin software have the right to access the source code

Precisely what jackjack said. That is one of the most stupid suggestions I have ever seen on this forum, BitCoinDream. You are asking a forum that is used for discussion of a completely decentralized currency to centralize itself and make its finances private. What is the point of that...?

I dont need to ask it to be centralized. It is Centralized. DefaultTrust is the biggest example of that. I'm skipping the other examples as those are beyond the scope of discussion of this thread. Its funny that someone is comparing Bitcoin Core's development model with the forum !!! How come are they comparable ?

The thing is that I don't understand why it bothers you
I don't understand the "only xxx have the right to access the data" thing either

Don't get me wrong, I don't think users HAVE to know about the finances. But if theymos chose to do it I don't see where the problem is

Well, that's true. None may have a problem if theymos is publishing the data. Its a like a non-listed company is publishing its audit report. They may or may not as per the management's will. But I wrote it for 2 reasons...

1. A few people, who has zero contribution to the forum in terms of time/money, are asking about someone's death in a way as if the dead person has stolen their money.

2. Open publishing of the forum finances are drawing undue attention of the authorities to further monitor the forum activity... which is undesirable. Regarding the authority monitoring of Bitcoin, even Satoshi once expressed his concern...

It would have been nice to get this attention in any other context.  WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.

BitcoinTalk means a LOT to some of us. We dont want it to be hit for all the unnecessary reasons.

[dontCAREhair]

I wonder what is the purpose of posting forum finances openly ? Users are not stakeholder. May be, only those who donated, have the right to access this data.

I agree
Just like only the developers of the bitcoin software have the right to access the source code

Precisely what jackjack said. That is one of the most stupid suggestions I have ever seen on this forum, BitCoinDream. You are asking a forum that is used for discussion of a completely decentralized currency to centralize itself and make its finances private. What is the point of that...?

The forum is essentially centralized. I believe that sirus controls the DNS listings of the forum, and theymos controls the majority of the money (I believe he also controls the servers and ISP services provided by PIA).

As I mentioned above, theymos does control, almost all of the forum's money (and likely owns it as well from a legal standpoint) however he has said previously that he considers the money held for the forum to be "community" money, hence why he shares the forum's finances with the community

[dogie]

*full necro mode*

Is there a similar thread for the 2014 calendar year? Not finding anything on google.

[Your Point Is Invalid]

*full necro mode*

Is there a similar thread for the 2014 calendar year? Not finding anything on google.

he hasnt calculated the taxes for that year as yet

[redsn0w]

*full necro mode*

Is there a similar thread for the 2014 calendar year? Not finding anything on google.

he hasnt calculated the taxes for that year as yet

I'm also interested to know more about the actual forum finances (if it's possible).

[dogie]

*full necro mode*

Is there a similar thread for the 2014 calendar year? Not finding anything on google.

he hasnt calculated the taxes for that year as yet

For 2014? Surely all the deadlines have gone. I assume he's just busy and / or didn't feel like posting it but wanted to check if I missed a thread.

[OgNasty]

*full necro mode*

Is there a similar thread for the 2014 calendar year? Not finding anything on google.

he hasnt calculated the taxes for that year as yet

False.

[Your Point Is Invalid]

*full necro mode*

Is there a similar thread for the 2014 calendar year? Not finding anything on google.

he hasnt calculated the taxes for that year as yet

False.

ok. do you have the link or evidence to prove?

[Quickseller]

*full necro mode*

Is there a similar thread for the 2014 calendar year? Not finding anything on google.

he hasnt calculated the taxes for that year as yet

False.

ok. do you have the link or evidence to prove?

In the US (where the forum is based), both tax payments, and tax returns are due on April 15th of the following year for the prior year's tax period. If you are unable to complete your tax return by April 15th, then you can request an automatic 6 month extension (you still need to have 90% of your tax due paid by April 15th), which would move the due date to file to October 15th.

There are situations in which an additional extension could be granted, however theymos most likely does not qualify for any of these.

[RobRoyder]

...
I'm also interested to know more about the actual forum finances (if it's possible).

The forum money I held has largely been spent now, mostly in the forum software project.