monchoferraz
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June 13, 2019, 02:50:21 PM |
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Spending small amounts of crypto is great, but it also entails quite a hassle when it comes to analyzing all the taxable events...
Yes, the tax question is a relevant one and not the clearest one, plus it might differe per country. Nevertheless, in our understanding, according to a European Union Court of Justice (ECJ) ruling in 2015, crypto should be considered as any other means of payments from a tax perspective, hence spending crypto through a Visa card should not be a taxable event. Taxation should only apply if you divest your holdings into FIAT or into another coin, making a capital gain (or a loss to deduct it). Please note this is no tax advice and we acknowledge it is a complex matter.
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DrearyUrbanite
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June 13, 2019, 03:10:28 PM |
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Spending small amounts of crypto is great, but it also entails quite a hassle when it comes to analyzing all the taxable events...
Yes, the tax question is a relevant one and not the clearest one, plus it might differe per country. Nevertheless, in our understanding, according to a European Union Court of Justice (ECJ) ruling in 2015, crypto should be considered as any other means of payments from a tax perspective, hence spending crypto through a Visa card should not be a taxable event. Taxation should only apply if you divest your holdings into FIAT or into another coin, making a capital gain (or a loss to deduct it). Please note this is no tax advice and we acknowledge it is a complex matter. It is definitely a taxable even as long as you realize a gain, there is no doubt about that. If you buy BTC for 8,000 and then use it when it is worth 9,000, you realize a gain that is taxable.
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monchoferraz
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June 13, 2019, 03:39:20 PM |
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Spending small amounts of crypto is great, but it also entails quite a hassle when it comes to analyzing all the taxable events...
Yes, the tax question is a relevant one and not the clearest one, plus it might differe per country. Nevertheless, in our understanding, according to a European Union Court of Justice (ECJ) ruling in 2015, crypto should be considered as any other means of payments from a tax perspective, hence spending crypto through a Visa card should not be a taxable event. Taxation should only apply if you divest your holdings into FIAT or into another coin, making a capital gain (or a loss to deduct it). Please note this is no tax advice and we acknowledge it is a complex matter. It is definitely a taxable even as long as you realize a gain, there is no doubt about that. If you buy BTC for 8,000 and then use it when it is worth 9,000, you realize a gain that is taxable. What if you are in Europe, you buy pounds, you go to the UK in a couple of months, the pound increases in value and you spend it, would that be a taxable event? It wouldn´t, so that´s the point when you consider it a means of payment. Now, again, we are not prescriptive on this, that is our understanding today and we are studying day after day, considering the new information and positionings available.
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billybonus3
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June 17, 2019, 03:03:16 PM |
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Is 2GT Token like company share? Token owners will get profits as dividends?
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2getherbank
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Activity: 62
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June 17, 2019, 08:54:53 PM |
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Is 2GT Token like company share? Token owners will get profits as dividends?
The 2GT token does not entitle its holder to rights commonly given to actual share holders. So, no dividends. However, a large percentage of the revenues generated through your personal activity in the app (e.g. buying a product from a fintech in the upcoming marketplace) will be given back to you. The potential operating margins are substituted by 2GT incentives which are bought from the market, so there are direct rewards to whoever creates value! We gladly refer to our tokenomics paper which you can find on our website https://www.2gether.global
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2getherbank
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June 17, 2019, 09:04:44 PM |
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Here is our new CEO updateI am pleased to announce that today we closed a new sprint 🤗🤗🤗. As usual, I wanted to write this short email to give you a quick overview of 2gether´s evolution, anticipate the new features coming up live, and the most relevant ones that we are working on. 2gether evolution highlights- We have started working on the issuance of the 2GT token with our Maltese VFA Agent. It is a tedious process but definitely worth it as it will create a lot of confidence and hence value in our token. We believe we can finalize it (have our token issued as a VFA) in 2 or 3 months.
- In parallel, we have opened negotiations with several exchanges to have our token listed as soon as we finalize the pre-sale and the ICO.
- This week we almost hit 2,000 founders, a relevant community already enjoying 2gether services. The amount raised in 2GT tokens from our community is €270k and steadily growing (remember this is neither the only nor the most relevant source of funding of 2gether)
- We also welcomed our first founders in Malta and Cyprus, our community now extends to the 19 countries of the Eurozone. 🙌🙌🙌
New features coming up live- Tomorrow we launch the referral program, whenever you refer 2gether to a friend, you and your friend will earn 2GT tokens. We have set the collaborative challenge to capture 1,000 new founders in the next seven days, if we hit the target, I will personally invite all the founders who want to drop by 2gether´s offices to a nice cold beer. 🍻
- We are incorporating a new coin into our App, one of the most established ones, check it out in the App.
- We have made relevant improvements in the iOS version of the app, those with iPhones will see what I mean.
What next?- We are working on completing our collaborative growth engine, with two relevant initiatives coming up soon:
- Founder+ (limited) program, with incredible benefits to users that hold 20,000 2GT.
Ambassador program, coded and self-regulated program for engaged founders to spread our word in the social networks. - We are enabling deposits and withdrawals of funds to and from 2gether accounts, so that users can move their funds freely in, out and within 2gether´s environment.
- We are designing the 2GT boardroom, where founders will be able to monitor and manage their 2GT holdings, track 2gether´s performance in real time, and vote on decisions, among other really cool features.
- We will keep working on our continuous strengthening of 2gether´s security and control environment. During this sprint, in particular, we have started to perform recurrent security audits with an expert third party.
I sincerely hope that you are as excited as I am regarding 2gether´s evolution. We have a fantastic team of developers that makes this intense activity possible, and we love to share it with you. Stay tuned and come back to us with any suggestions you may have, we always consider them in our product meetings. All the best, Ramón 2gether CEOGet me to the 2gether app
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2getherbank
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Activity: 62
Merit: 1
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June 19, 2019, 12:18:37 PM |
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🎙️The wait is finally over! Our referral program is out: invite your friends and get 100 2GT each for free 🤑. As a founder, you will be rewarded for the success of 2gether. Let’s expand in a collaborative way! #stronger2gether 💪 Get me to the app 👉 https://2gether.app.link/e6Omcn18DX
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2getherbank
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June 19, 2019, 06:12:25 PM |
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We believe in our collaborative model so much 💘 that we have challenged ourselves to welcome 1,000 new founders in the first week of the referral program ⏳ Ready for the challenge? Invite your friends! 👉 https://2gether.app.link/e6Omcn18DX #stronger2gether 💪
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ericbal
Jr. Member
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Merit: 6
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June 20, 2019, 09:05:42 AM |
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Hey founders! Guess you all received emails explaining the referal program, right?
What are your plans to get more people in and get your reward? - send a personalized email to all your friends and familly owning crypto? - write a medium post "10 reasons why you should get in 2gether and no other crypto card" and spread it among crypto groups? - do some small infographic on powerpoint and share it on your social media?
Let's do it together!
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2getherbank
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Activity: 62
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June 21, 2019, 12:54:09 PM |
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Our CEO, @monchoferraz, has joined the challenge! If we reach the 1,000 new founders goal Ramón will invite every founder to a beer 🍻 #stronger2gether I want a beer 😋 https://2gether.app.link/e6Omcn18DX
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DrearyUrbanite
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June 22, 2019, 06:51:07 PM |
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Is 2GT Token like company share? Token owners will get profits as dividends?
The 2GT token does not entitle its holder to rights commonly given to actual share holders. So, no dividends. However, a large percentage of the revenues generated through your personal activity in the app (e.g. buying a product from a fintech in the upcoming marketplace) will be given back to you. The potential operating margins are substituted by 2GT incentives which are bought from the market, so there are direct rewards to whoever creates value! We gladly refer to our tokenomics paper which you can find on our website https://www.2gether.globalDoes this mechanism of giving back put the project at risk to become qualified as a security?
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2getherbank
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Activity: 62
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June 24, 2019, 07:25:54 AM |
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Is 2GT Token like company share? Token owners will get profits as dividends?
The 2GT token does not entitle its holder to rights commonly given to actual share holders. So, no dividends. However, a large percentage of the revenues generated through your personal activity in the app (e.g. buying a product from a fintech in the upcoming marketplace) will be given back to you. The potential operating margins are substituted by 2GT incentives which are bought from the market, so there are direct rewards to whoever creates value! We gladly refer to our tokenomics paper which you can find on our website https://www.2gether.globalDoes this mechanism of giving back put the project at risk to become qualified as a security? Hello, thanks for your question. No it does not. The 2GT token is pending VFA approval under Maltese regulation, which is recognized as not being a security token.
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2getherbank
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June 24, 2019, 12:05:33 PM Last edit: June 24, 2019, 12:58:10 PM by 2getherbank |
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A collaborative community is strong and unstoppable. #stronger2gether 💪 The referral program welcomed 150 founders to 2gether in just one week. That's 219% 📈 more founder growth compared to last week! 🥳 Now let's reach the 1,000 new founders goal within two days 👉 https://2gether.app.link/e6Omcn18DX
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Katonas
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June 27, 2019, 11:43:54 AM |
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Hello, guys,
I am having trouble to finish my authentication. I am from Lithuania. Sms code, good, then ID and selfie, good. After signature I press proceed, or whatever it is writen there. After that that circle sign goes very long, and then I get an error, witch I can not send as even then something goes wrong. Is it just me having trouble or it is common problem?
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2getherbank
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Activity: 62
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June 27, 2019, 05:40:37 PM |
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Hello, guys,
I am having trouble to finish my authentication. I am from Lithuania. Sms code, good, then ID and selfie, good. After signature I press proceed, or whatever it is writen there. After that that circle sign goes very long, and then I get an error, witch I can not send as even then something goes wrong. Is it just me having trouble or it is common problem?
Hello, no that is not a common problem. Could you please send an email to support@2gether.global with the details of how you sign up? Thank you very much
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wolf_miner
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Activity: 1018
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June 29, 2019, 01:19:15 PM |
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Hi, is available an How to "Signup" explain video?
Cheers W_M
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2getherbank
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Activity: 62
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June 29, 2019, 05:01:32 PM |
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Hi, is available an How to "Signup" explain video?
Cheers W_M
Hello, we do not have a "How to Sign-Up" video yet. Thank you for your feedback. The closest thing we have to such a video is the following: https://www.youtube.com/watch?v=gqm2gG3qpAI Thank you for your question!
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2getherbank
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July 03, 2019, 11:16:18 AM |
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The challenge ended last week and the collaborative community invited 187 new founders in just one week! #stronger2gether 💪🚀 If you missed the challenge, don't worry 😌, the referral program is still ongoing. Start referring and get rewarded now: https://2gether.app.link/e6Omcn18DX 🤑
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