Bitcoin Forum
November 22, 2017, 06:04:58 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: The IRS decision and the Bitcoin foundations opportunity to redeem itself  (Read 499 times)
equinox9
Jr. Member
*
Offline Offline

Activity: 40


View Profile
March 27, 2014, 01:59:06 PM
 #1

We keep getting told that the purpose of the Bitcoin foundation is to lobby governments and push for adoption.
If there was ever a time when a decision needed the voice of the community to protest this would be it.

Is there a member of the bitcoin foundation willing to detail their plans for countering this new development?
1511330698
Hero Member
*
Offline Offline

Posts: 1511330698

View Profile Personal Message (Offline)

Ignore
1511330698
Reply with quote  #2

1511330698
Report to moderator
1511330698
Hero Member
*
Offline Offline

Posts: 1511330698

View Profile Personal Message (Offline)

Ignore
1511330698
Reply with quote  #2

1511330698
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511330698
Hero Member
*
Offline Offline

Posts: 1511330698

View Profile Personal Message (Offline)

Ignore
1511330698
Reply with quote  #2

1511330698
Report to moderator
5thStreetResearch
Full Member
***
Offline Offline

Activity: 126


View Profile WWW
March 27, 2014, 02:02:32 PM
 #2

We keep getting told that the purpose of the Bitcoin foundation is to lobby governments and push for adoption.
If there was ever a time when a decision needed the voice of the community to protest this would be it.

Is there a member of the bitcoin foundation willing to detail their plans for countering this new development?

Its gonna take quite a bit more than them to do anything.  The IRS dealt the death blow.

runam0k
Legendary
*
Offline Offline

Activity: 994


Touchdown


View Profile
March 27, 2014, 03:56:42 PM
 #3

Its gonna take quite a bit more than them to do anything.  The IRS dealt the death blow.
Death blow? Roll Eyes

Hardly.

Bitcoin will continue to develop as a global currency until its useage as a currency can no longer be ignored by the IRS.  They will have to change their position.

Agree that the Foundation should be taking the lead, if they want to be relevant.
s_s
Jr. Member
*
Offline Offline

Activity: 43


View Profile
March 27, 2014, 04:05:28 PM
 #4

Its gonna take quite a bit more than them to do anything.  The IRS dealt the death blow.
Bitcoin will continue to develop as a global currency until its useage as a currency can no longer be ignored by the IRS.

If it is considered a global "currency" than taxation of profits exchanging in and out will be handled like exchanges in and out of any other "currency" (which as an aside is actually less favorable).

I don't understand that point? You want it to be a recognized "currency"...but not one subject to all the other properties of other currencies world-wide when exchanged from one to the other?
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!