[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities!

[magisterr]

Naturally in U.S. and most of other Governments, they require their people to declare income and pay taxes accordingly and omitting other facts in those reports could lead to very heavy consequences no one wants to be with such that tax evasion is a very serious offense that most crypto entities chose to comply with Government regulations to avoid penalties.

Yes, but from utility tokens people mostly dont pay taxes as there is no laws about them. But SEC want to charge taxes from security tokens as I undestand. But if this will be fully legal projects with dividends  may be this is not bad 

[levyashin]

Naturally in U.S. and most of other Governments, they require their people to declare income and pay taxes accordingly and omitting other facts in those reports could lead to very heavy consequences no one wants to be with such that tax evasion is a very serious offense that most crypto entities chose to comply with Government regulations to avoid penalties.

Yes, but from utility tokens people mostly dont pay taxes as there is no laws about them. But SEC want to charge taxes from security tokens as I undestand. But if this will be fully legal projects with dividends  may be this is not bad 

I think you misunderstood lots of things. First of all, SEC doesn't have any jurisdiction about tax at all.

Second, they see every crypto token as a security and even they don't pay any dividends they are mostly seeing them selling a security without permission. So most of the projects leave US citizens out just for this reason.

[o48o]

[INTERVIEW] Crypto Beadle x Emanuele

Another exciting video and this time its not only technical, but also includes a little bit more background and insight into the life of Emanuele, our Tech Lead. Enjoy!

For some reason I can't click on the link, can you post the url?

Here, https://www.youtube.com/watch?v=Ngzx5a5dIC8
but surely you could have copied the url yourself with a left mouse button

[cevap]

The idea with crypto however would be to use it directly to pay without passing to fiat. If you go back in fiat you cannot expect to just fill your account with undeclared cash.

yep, that's the problem crypto was created to solve. the idea that you have to declare your income is anti-freedom.

Unfortunately we're years/decades away from that. Even when people say you can now pay taxes in some states/one state, but that doesn't mean they accept crypto, they accept fiat and offer a payment function in crypto

I didnt know some states are offering payment of tax in crypto. OK, they still collect it in fiat but thats a huge step forward. Which states are we talking about here?

[omwibya]

The idea with crypto however would be to use it directly to pay without passing to fiat. If you go back in fiat you cannot expect to just fill your account with undeclared cash.

yep, that's the problem crypto was created to solve. the idea that you have to declare your income is anti-freedom.

Unfortunately we're years/decades away from that. Even when people say you can now pay taxes in some states/one state, but that doesn't mean they accept crypto, they accept fiat and offer a payment function in crypto

not sure if it's gonna take decades, but I feel you. the promise of crypto is great, but it will also take time

[niklasmato]

The idea with crypto however would be to use it directly to pay without passing to fiat. If you go back in fiat you cannot expect to just fill your account with undeclared cash.

yep, that's the problem crypto was created to solve. the idea that you have to declare your income is anti-freedom.

Unfortunately we're years/decades away from that. Even when people say you can now pay taxes in some states/one state, but that doesn't mean they accept crypto, they accept fiat and offer a payment function in crypto

not sure if it's gonna take decades, but I feel you. the promise of crypto is great, but it will also take time

I guess we will see more adoption in 2019 when a lot of mainnets will have distributed apps on them.
It's all about adoption, no more no less.. just look at the internet.

[Makkara]

Yes, but from utility tokens people mostly dont pay taxes as there is no laws about them. But SEC want to charge taxes from security tokens as I undestand. But if this will be fully legal projects with dividends  may be this is not bad 

Yes they already specified they are going to compliant with the laws on this matters and they even got somebody helping them doing so. Few pages ago there was a discussion about kyc which is strictly related with it.

There is no doubt profit from tokens, like all the other coins will need to be declared if you make some profit out of them.

[MandatoryOption]

The idea with crypto however would be to use it directly to pay without passing to fiat. If you go back in fiat you cannot expect to just fill your account with undeclared cash.

yep, that's the problem crypto was created to solve. the idea that you have to declare your income is anti-freedom.

Unfortunately we're years/decades away from that. Even when people say you can now pay taxes in some states/one state, but that doesn't mean they accept crypto, they accept fiat and offer a payment function in crypto

I didnt know some states are offering payment of tax in crypto. OK, they still collect it in fiat but thats a huge step forward. Which states are we talking about here?

It's been all over the crypto news lately. Ohio will be the first state, that accepts Bitcoin for tax payments. But I think it's only for businesses, not individuals.

[zgrdyg]

[INTERVIEW] Crypto Beadle x Emanuele

Another exciting video and this time its not only technical, but also includes a little bit more background and insight into the life of Emanuele, our Tech Lead. Enjoy!

Hey thanks for the video sharing, your team are constantly active on the bitcointalk and feeding the community with the news from the project. The contents are very explanatory also.

[pynetx]

How is the token sale going? Is there any information about how much is raised til now?

[bitcoin-shark]

[INTERVIEW] Crypto Beadle x Emanuele

Another exciting video and this time its not only technical, but also includes a little bit more background and insight into the life of Emanuele, our Tech Lead. Enjoy!

Hey thanks for the video sharing, your team are constantly active on the bitcointalk and feeding the community with the news from the project. The contents are very explanatory also.

thanks for sharing the video I just watched and very interesting not only technical but also discover a bit of background of Emanuele so we can know him a little better...

[kraterion]

Yes, but from utility tokens people mostly dont pay taxes as there is no laws about them. But SEC want to charge taxes from security tokens as I undestand. But if this will be fully legal projects with dividends  may be this is not bad 

Yes they already specified they are going to compliant with the laws on this matters and they even got somebody helping them doing so. Few pages ago there was a discussion about kyc which is strictly related with it.

There is no doubt profit from tokens, like all the other coins will need to be declared if you make some profit out of them.

It's easy to be comlpliant because DUSK's token is an utility token, underlying tokens will be securities (much like Swarm, where SWM is an utility token but its ecosystem is made of scurity tokens)

[Token Williams]

[INTERVIEW] Crypto Beadle x Emanuele

Another exciting video and this time its not only technical, but also includes a little bit more background and insight into the life of Emanuele, our Tech Lead. Enjoy!

For some reason I can't click on the link, can you post the url?

Here, https://www.youtube.com/watch?v=Ngzx5a5dIC8
but surely you could have copied the url yourself with a left mouse button

That's the proble, it didn't open when i clicked on it. Thanks anyway!

[PS92]

Yes, but from utility tokens people mostly dont pay taxes as there is no laws about them. But SEC want to charge taxes from security tokens as I undestand. But if this will be fully legal projects with dividends  may be this is not bad 

Yes they already specified they are going to compliant with the laws on this matters and they even got somebody helping them doing so. Few pages ago there was a discussion about kyc which is strictly related with it.

There is no doubt profit from tokens, like all the other coins will need to be declared if you make some profit out of them.

It's easy to be comlpliant because DUSK's token is an utility token, underlying tokens will be securities (much like Swarm, where SWM is an utility token but its ecosystem is made of scurity tokens)

Maybe once the platform is really decentralized and not dependant on one team (like Ethereum nowadays), but in the beginning these things will most likely be considered securities imho

[Frank37]

[INTERVIEW] Crypto Beadle x Emanuele

Another exciting video and this time its not only technical, but also includes a little bit more background and insight into the life of Emanuele, our Tech Lead. Enjoy!

For some reason I can't click on the link, can you post the url?

Here, https://www.youtube.com/watch?v=Ngzx5a5dIC8
but surely you could have copied the url yourself with a left mouse button

That's the proble, it didn't open when i clicked on it. Thanks anyway!

I think devs changed the link meanwhile ... or you had a little grain of sand in your left mousebutton. 

[Raizou]

When will it be possible to buy Dusk without high volume and KYC requirements?

[king_of_alts]

When will it be possible to buy Dusk without high volume and KYC requirements?

I guess when it hits an exchange where you don't need to go through the KYC process.

[chichidori]

[INTERVIEW] Crypto Beadle x Emanuele

Another exciting video and this time its not only technical, but also includes a little bit more background and insight into the life of Emanuele, our Tech Lead. Enjoy!

For some reason I can't click on the link, can you post the url?

Here, https://www.youtube.com/watch?v=Ngzx5a5dIC8
but surely you could have copied the url yourself with a left mouse button

That's the proble, it didn't open when i clicked on it. Thanks anyway!

I think devs changed the link meanwhile ... or you had a little grain of sand in your left mousebutton. 

I
I had to turn off the woofer and bass of my speaker just to understand some of the words Emanuele is saying, but he does explain some insights how the tech works.

[Nemonemo]

When will it be possible to buy Dusk without high volume and KYC requirements?

I guess when it hits an exchange where you don't need to go through the KYC process.

Thank you for the information that you have provided, which is certain that the information is very useful, of course for those who do not know and that is good enough, it does not need to go through the KYC process so it is not complicated

[matjas]

We are now in some kind of dead lock of bitcoin/ethereum prices, its going up and down and no one is sure if its showing signs of recovery or just preparing for another plunge even lower. I hope this doesnt affect Dusks token sale.