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Author Topic: Do I really have to pay taxes on crypto investments?  (Read 2423 times)
peteresw
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June 16, 2020, 08:22:24 AM
 #581

With stocks everything  is much easier than with crypto. In promotions, just follow the news and wait for presentations. like with Tesla. I knew long ago that its stocks would go up.
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webtaxi
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June 16, 2020, 08:25:11 AM
 #582

With stocks everything  is much easier than with crypto. In promotions, just follow the news and wait for presentations. like with Tesla. I knew long ago that its stocks would go up.

A society, of course, is capable of independently giving funds to taxes if it sees that these funds are spent rationally and where the society needs it, but it won’t be able to automate, because society as a whole is not a specialist in any field.
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June 16, 2020, 08:28:47 AM
 #583

With stocks everything  is much easier than with crypto. In promotions, just follow the news and wait for presentations. like with Tesla. I knew long ago that its stocks would go up.

A society, of course, is capable of independently giving funds to taxes if it sees that these funds are spent rationally and where the society needs it, but it won’t be able to automate, because society as a whole is not a specialist in any field.

I am completely ready to trust AI in these matters much less than to trust people. and full transparency of spending and public control can be organized on the basis of software solutions too.
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June 16, 2020, 08:33:44 AM
 #584

With stocks everything  is much easier than with crypto. In promotions, just follow the news and wait for presentations. like with Tesla. I knew long ago that its stocks would go up.

A society, of course, is capable of independently giving funds to taxes if it sees that these funds are spent rationally and where the society needs it, but it won’t be able to automate, because society as a whole is not a specialist in any field.

I am completely ready to trust AI in these matters much less than to trust people. and full transparency of spending and public control can be organized on the basis of software solutions too.

So, you still have to hire professionals who can properly organize work processes.
thomasjohn768
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June 16, 2020, 08:36:24 AM
 #585

If at the moment the algorithm gives a calculation and leaves the person with the right to make a decision, then in a few years the question will arise, why is there a person here at all?

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rnold142
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June 16, 2020, 08:40:26 AM
 #586

I do not believe in "public control", because many will not need it, and the rest will choose their representatives, who will also be people, with all human qualities, emotions and self-interest, including. And what will be the result? The same system, only with AI.
altcoinman
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June 16, 2020, 08:44:44 AM
 #587

I do not believe in "public control", because many will not need it, and the rest will choose their representatives, who will also be people, with all human qualities, emotions and self-interest, including. And what will be the result? The same system, only with AI.
are you saying that a “country” as an institution will soon disappear?
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June 16, 2020, 08:47:22 AM
 #588

I do not believe in "public control", because many will not need it, and the rest will choose their representatives, who will also be people, with all human qualities, emotions and self-interest, including. And what will be the result? The same system, only with AI.
are you saying that a “country” as an institution will soon disappear?

yes, and I love that idea. no president, no deputies and politicians. just AI and and police that will serve for the good of people.
altcoinman
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June 16, 2020, 08:50:50 AM
 #589

I do not believe in "public control", because many will not need it, and the rest will choose their representatives, who will also be people, with all human qualities, emotions and self-interest, including. And what will be the result? The same system, only with AI.
are you saying that a “country” as an institution will soon disappear?

yes, and I love that idea. no president, no deputies and politicians. just AI and and police that will serve for the good of people.

your idea gives me shivers. its another Black Mirror episode and not a utopy for humanity. A computer is a tool; I would not want to live in a world where this tool is absolute.
rnold142
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June 16, 2020, 08:53:55 AM
 #590

I do not believe in "public control", because many will not need it, and the rest will choose their representatives, who will also be people, with all human qualities, emotions and self-interest, including. And what will be the result? The same system, only with AI.
are you saying that a “country” as an institution will soon disappear?

yes, and I love that idea. no president, no deputies and politicians. just AI and and police that will serve for the good of people.

your idea gives me shivers. its another Black Mirror episode and not a utopy for humanity. A computer is a tool; I would not want to live in a world where this tool is absolute.

ohh no, sure, but, China, North Korea and Uganda are utopies? With AI at charge there would be no dictators and etc.
altcoinman
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June 16, 2020, 08:57:13 AM
 #591

I do not believe in "public control", because many will not need it, and the rest will choose their representatives, who will also be people, with all human qualities, emotions and self-interest, including. And what will be the result? The same system, only with AI.
are you saying that a “country” as an institution will soon disappear?

yes, and I love that idea. no president, no deputies and politicians. just AI and and police that will serve for the good of people.

your idea gives me shivers. its another Black Mirror episode and not a utopy for humanity. A computer is a tool; I would not want to live in a world where this tool is absolute.

ohh no, sure, but, China, North Korea and Uganda are utopies? With AI at charge there would be no dictators and etc.

this is still far away in the future. you know, cyber-future.
webtaxi
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June 16, 2020, 09:00:21 AM
 #592

Complete transparency can only be done with full decentralization, otherwise someone will control this process. And if the conversation is about such a decision - then neither a person, nor a group of people - should allocate these powers.
rnold142
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June 16, 2020, 09:03:16 AM
 #593

Complete transparency can only be done with full decentralization, otherwise someone will control this process. And if the conversation is about such a decision - then neither a person, nor a group of people - should allocate these powers.

The structure of society is rather complicated; there are never too many passionaries, but it is them who move the whole society in one direction or another. No matter how many people were hiding behind the nickname Satoshi Nakamoto, there were few (maybe one) who accepted Bitcoin’s idea right away, also, but gradually this idea took hold of the masses.
webtaxi
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June 16, 2020, 09:06:46 AM
 #594

Complete transparency can only be done with full decentralization, otherwise someone will control this process. And if the conversation is about such a decision - then neither a person, nor a group of people - should allocate these powers.

The structure of society is rather complicated; there are never too many passionaries, but it is them who move the whole society in one direction or another. No matter how many people were hiding behind the nickname Satoshi Nakamoto, there were few (maybe one) who accepted Bitcoin’s idea right away, also, but gradually this idea took hold of the masses.

The meaning of transparency is not that everyone controls everything. It is enough to have such an opportunity. Most people do not know closely how electricity flows through the wires, but most of the inhabitants of our planet use electric light. It’s enough that it works. So it is with public control: it does not require universality, it does not work like that. If I had to assemble a power station, a computer myself, smelting ore for this, create plastics ... it is clear that nothing would have happened. In public areas, delegation is no less meaningful.
peteresw
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June 16, 2020, 09:09:10 AM
 #595

Just entered the forum and seeing this discussion Ive realized that Bitcoin and AI might be our future.
webtaxi
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June 16, 2020, 09:12:06 AM
 #596

Just entered the forum and seeing this discussion Ive realized that Bitcoin and AI might be our future.
you understand correctly. the thing is to find a way of eliminating human mistakes which is the reason for all the crises in the world. and technology is quite capable of doing that.
peteresw
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June 16, 2020, 09:15:06 AM
 #597

Just entered the forum and seeing this discussion Ive realized that Bitcoin and AI might be our future.
you understand correctly. the thing is to find a way of eliminating human mistakes which is the reason for all the crises in the world. and technology is quite capable of doing that.
I don't see how technology is better than humans.
webtaxi
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June 16, 2020, 09:18:07 AM
 #598

Just entered the forum and seeing this discussion Ive realized that Bitcoin and AI might be our future.
you understand correctly. the thing is to find a way of eliminating human mistakes which is the reason for all the crises in the world. and technology is quite capable of doing that.
I don't see how technology is better than humans.
Because people are weak and prone to emotions, and the factor of personal enrichment has not been canceled. For some reason, I’m sure that if we consider the data obtained independently, for example from sensors, they will give a much clearer picture than the data collected by a person.
altcoinman
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June 16, 2020, 09:21:57 AM
 #599

Just entered the forum and seeing this discussion Ive realized that Bitcoin and AI might be our future.
you understand correctly. the thing is to find a way of eliminating human mistakes which is the reason for all the crises in the world. and technology is quite capable of doing that.
I don't see how technology is better than humans.
Because people are weak and prone to emotions, and the factor of personal enrichment has not been canceled. For some reason, I’m sure that if we consider the data obtained independently, for example from sensors, they will give a much clearer picture than the data collected by a person.

you do realize that all this technology you are talknng about was built by people and will be controlled by them in the future?
webtaxi
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June 16, 2020, 09:24:20 AM
 #600

Just entered the forum and seeing this discussion Ive realized that Bitcoin and AI might be our future.
you understand correctly. the thing is to find a way of eliminating human mistakes which is the reason for all the crises in the world. and technology is quite capable of doing that.
I don't see how technology is better than humans.
Because people are weak and prone to emotions, and the factor of personal enrichment has not been canceled. For some reason, I’m sure that if we consider the data obtained independently, for example from sensors, they will give a much clearer picture than the data collected by a person.

you do realize that all this technology you are talknng about was built by people and will be controlled by them in the future?

still...  if you try to build an algorithm, for example for the construction of a power plant, the solutions will be much clearer if you calculate them with a machine, starting with the design documentation and choosing a place - ending with the functioning of this complex. Of course, here you can allow the society to participate in the discussion, but why? If the AI is quite capable of seeing the risks and providing work.
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