[ANN] Paytoshi: Micropayments & Faucets

[Paytoshi]

Hello everyone,

we would like to remind you that we will stop operations in a week.

On December 14th at 10 AM GMT we would not accept any new microtransaction. As a user, please reach your payout threshold before that moment if you would like to be paid.
As a faucet owner you would have time till December 16th at 10 AM GMT to transfer your funds via your private area.

Shortly after we will issue our last general payment for those addresses that will be above threshold. Any fund not transferred after that payment will be implicitly lost.


About selling. We are in bad spot: we reviewed our position with our tax accountant and as a registered company in Italy we would have a few troubles to declare the selling as income, especially as a Bitcoin transaction. Therefore, sadly we would not sell Paytoshi.

We thank you for your understanding,
Cheers

[1714829118]

1714829118

[1714829118]

1714829118

[1714829118]

1714829118

[babo]

About selling. We are in bad spot: we reviewed our position with our tax accountant and as a registered company in Italy we would have a few troubles to declare the selling as income, especially as a Bitcoin transaction. Therefore, sadly we would not sell Paytoshi.

very sad and sorry for you.. when a country break a good company for stupid issues like 'declaration of tax', is a lost opportunity for all
italy is shit (i'm italian) for young and hitech companies

[mexicantarget]

About selling. We are in bad spot: we reviewed our position with our tax accountant and as a registered company in Italy we would have a few troubles to declare the selling as income, especially as a Bitcoin transaction. Therefore, sadly we would not sell Paytoshi.

very sad and sorry for you.. when a country break a good company for stupid issues like 'declaration of tax', is a lost opportunity for all
italy is shit (i'm italian) for young and hitech companies

Bitcoin is not regulated in Italy, so it would cost a lot the seller & the government to figure out what's the worth of the site.

Italy does not regulate bitcoin use by private individuals.

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country

It's not government's fault, it's people's fault not keeping books and records of all their stuff.
Even if they did, due to price volatility they wouldn't be able to figure it out, I believe.

[Paytoshi]

From now on, we will not serve any new micropayment for faucet users.

If you are a faucet owner you can still transfer your funds at https://paytoshi.org/private/transfer
You will have time till December 16th at 10 AM GMT to do so.

[Paytoshi]

If you are a faucet owner, please remember that you can transfer your funds to another address till 10 AM GMT. No new transfer will be accepted after that time.

[Paytoshi]

All online services stopped, issuing our last transaction for faucet owners.

[Paytoshi]

Thank you all, it was a good ride. 

Cheers

[minifrij]

Thank you for being so helpful over the years, good luck in any future endeavors!