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Author Topic: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P]  (Read 289458 times)
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Xtrata
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March 24, 2016, 09:18:50 PM
 #4061

 I AM not impressed by this pictures.. every corporate crypto has been a scam.. are thee shares of this silk company available for the purchase or are you selling us non-regulated shares (silkcoins) that will be a mess on your impending bankruptcy..  i have seen this before personally..

Why do cryptocurrencies not fight for the freedom.  Are silkcoin joining microsoft also? Why use corporation registration when developing technologies for the block chain?

  I supposed too that in order to swap in compliance with money laundering laws the weaver exchange will require personal identification cards and passports?..  so my investment you are going to need identity? I think monero is better now.. why why why

Why would you need ID to change ur money between SLK/DRKSLK/BTC? Makes no sense to even ask this imo. And adding "I think monero is better now.. why why why" I would just ignore ur post lol, impossible take it serious.

And having a company with real persons behind it makes it look better and more serious. Im just wondering where the scam would be? SILKCOIN is there to buy, there haven't been any ICO or such yet so I dont know why you even bother.

It says that is uk corporate company.  There is no privacy law here to protect users.  The weaver exchange will not need to comply? I believe they will.  I buy monero and the silkcoin.  To find out the silkcoin i have is to be forced off the exchange to another exchange that has no exiatance yet and when it does will be bound to uk law.. why not panama or type that protects users of internet and cryptocurrencies?
  Any ico will also be non registered securities? Is this not correct?  I am sorry i cannot he involved in this anymore.  I will not post again.  This was a mistake.

Comply to who? When we do not need to pay corporation taxes or any taxes for that matter. We do not require regulation and ID's WILL NOT BE NEEDED.

Silkcoin is not being forced off the Poloniex exchange. Silkcoin is swapping to Silk and the market will remain on Poloniex.

Weaver is not an exchange.

You seriously need to stop posting and START READING.

Also in terms of costs so far to us Silk Network, $16000 and climbing. Have we launched, no. Have we held an ICO, not yet. Have I simply asked for donations, yes. Have investors approached me, yes. Have I sought investment, no.

Even when investors have approached me or approach me, I think it is quite obvious that I am not out seeking money or a quick dime (to coin (good pun) an American phrase).

Great answers, just a curious question and I know you said no ETA etc but about the new ANN, when can that be expected, are we talking 1-2 weeks or more?
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March 24, 2016, 09:23:57 PM
 #4062

  I AM not impressed by this pictures.. every corporate crypto has been a scam.. are thee shares of this silk company available for the purchase or are you selling us non-regulated shares (silkcoins) that will be a mess on your impending bankruptcy..  i have seen this before personally..

Why do cryptocurrencies not fight for the freedom.  Are silkcoin joining microsoft also? Why use corporation registration when developing technologies for the block chain?

  I supposed too that in order to swap in compliance with money laundering laws the weaver exchange will require personal identification cards and passports?..  so my investment you are going to need identity? I think monero is better now.. why why why

I've chosen to answer each post individually. You took the effort to post and I will take the effort to answer back to your questions.

We are fighting for freedom, more than you might imagine, we are not what you think, we are the people. I have 0 background of holding a lot of money, I hold 0 BTC and I hold 16 Silkcoin (no exaggeration). I am truly not in this for the money, I am in this to liberate people from the clutches of corporations, banks and government. However, I also realise we live in THIS world and sometimes the game has to be played.

No the Silk Network isn't joining/working with/teaming up with Microsoft, we are implementing a tiny piece of code which allows users of the Azure cloud to have a one press setup of a node for Silk or DarkSilk, that is so bloody easy to do it is quite frankly funny at how misinterpreted this has been.

We formed a Ltd (not a corporation) for Silk Network to enable us to hold trade accounts to purchase GPU's and various other hardware at trade prices to benefit you the user and enable you to purchase and mine at very reasonable prices, also as we have investment I (Spencer Lievens) thought it best to have a legal entity for Silk Network. However we do not hold a bank account and do not process FIAT. So this means NO ID cards.

One question back....are you a Monero investor? Tongue


I have no doubt that you are a honest person. Iv seen your other work and that have been good. My concerns have been the silk coin and ppl buying into it. My posts have not been removed from this thread. That you have a company in the backend is something that I think you maked to show that you take silk development serious. I cant see any other problem here than the value of the silk coin and after the info given here it is up to everyone to consider if they want to buy or not. I will read this thread and are interested in the darksilk coin.
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March 24, 2016, 09:26:24 PM
 #4063

 I AM not impressed by this pictures.. every corporate crypto has been a scam.. are thee shares of this silk company available for the purchase or are you selling us non-regulated shares (silkcoins) that will be a mess on your impending bankruptcy..  i have seen this before personally..

Why do cryptocurrencies not fight for the freedom.  Are silkcoin joining microsoft also? Why use corporation registration when developing technologies for the block chain?

  I supposed too that in order to swap in compliance with money laundering laws the weaver exchange will require personal identification cards and passports?..  so my investment you are going to need identity? I think monero is better now.. why why why

Why would you need ID to change ur money between SLK/DRKSLK/BTC? Makes no sense to even ask this imo. And adding "I think monero is better now.. why why why" I would just ignore ur post lol, impossible take it serious.

And having a company with real persons behind it makes it look better and more serious. Im just wondering where the scam would be? SILKCOIN is there to buy, there haven't been any ICO or such yet so I dont know why you even bother.

It says that is uk corporate company.  There is no privacy law here to protect users.  The weaver exchange will not need to comply? I believe they will.  I buy monero and the silkcoin.  To find out the silkcoin i have is to be forced off the exchange to another exchange that has no exiatance yet and when it does will be bound to uk law.. why not panama or type that protects users of internet and cryptocurrencies?
  Any ico will also be non registered securities? Is this not correct?  I am sorry i cannot he involved in this anymore.  I will not post again.  This was a mistake.

Comply to who? When we do not need to pay corporation taxes or any taxes for that matter. We do not require regulation and ID's WILL NOT BE NEEDED.

Silkcoin is not being forced off the Poloniex exchange. Silkcoin is swapping to Silk and the market will remain on Poloniex.

Weaver is not an exchange.

You seriously need to stop posting and START READING.

Also in terms of costs so far to us Silk Network, $16000 and climbing. Have we launched, no. Have we held an ICO, not yet. Have I simply asked for donations, yes. Have investors approached me, yes. Have I sought investment, no.

Even when investors have approached me or approach me, I think it is quite obvious that I am not out seeking money or a quick dime (to coin (good pun) an American phrase).

Great answers, just a curious question and I know you said no ETA etc but about the new ANN, when can that be expected, are we talking 1-2 weeks or more?

There is no set date, but I am aiming and the team is aiming to have DarkSilk and Silk ready codewise within 2-4 weeks. Silk will launch on once DarkSilk is also ready for launch.

We do not want anything holding back the release of DarkSilk or Silk or the timing we have planned.

Which is, release Silk, open Weaver, start crowdsale for DarkSilk, complete swap/closure of Silkcoin to Silk and finally launch DarkSilk.
SLievensDRKSLK
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March 24, 2016, 09:27:41 PM
 #4064

I am happy to talk with ANYONE on Skype, Wire, Telegram, Facebook, Twitter, email, PM or whatever other form of communicae they wish to choose.
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March 24, 2016, 10:00:56 PM
 #4065

I am happy to talk with ANYONE on Skype, Wire, Telegram, Facebook, Twitter, email, PM or whatever other form of communicae they wish to choose.

Do you except carrier pigeon as a form of communication?  Grin

























▄▄▄▄▄▄▄▄▄▄          ▄▄▄                   ▄▄▄▄▄▄▄                 ▄▄▄▄▄▄▄        ▄▄▄      ▄▄▄
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███     ▀▀███▌      ███               ████▀     ▀████         ▄███▀▀     ▀▀      ███    ███▀
███       ███▌      ███              ███▀         ▀███       ▄███                ███   ███
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██████████▀         ███             ▐██▌           ▐██▌     ▐██▌                 ███ ███
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███     ▄▄███▌      ███               ████▄     ▄████         ▀███▄▄     ▄▄      ███     ███▄    ███▄   ▄███
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Token Sale Starts on [ 12 October ]
[ PRESALE IS OPEN ] ●●●






































SLievensDRKSLK
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March 24, 2016, 10:10:41 PM
 #4066

I am happy to talk with ANYONE on Skype, Wire, Telegram, Facebook, Twitter, email, PM or whatever other form of communicae they wish to choose.

Do you except carrier pigeon as a form of communication?  Grin

As long as you send first Wink
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March 24, 2016, 10:47:07 PM
 #4067

I am happy to talk with ANYONE on Skype, Wire, Telegram, Facebook, Twitter, email, PM or whatever other form of communicae they wish to choose.

Do you except carrier pigeon as a form of communication?  Grin

As long as you send first Wink

Make sure to use PGP (Pretty Good Pigeon)!! Tongue Grin
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March 25, 2016, 01:20:49 AM
 #4068

3 months btw..  have you submitted your quarterly?  Privy to the forum of investors here? If youre corporate and are selling un registeree securities perhaps you should supply us all with the finances to back your statements.  Bad call calling me a fudder buddy

You are making urself looking like one when you do 3 posts after each other and dont backup what you say and claim others should.
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March 25, 2016, 01:22:18 AM
 #4069

FUD already starting to creep in! lol

Looks like we are doing something right!  Grin

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
Xtrata
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March 25, 2016, 01:44:44 AM
 #4070

3 months btw..  have you submitted your quarterly?  Privy to the forum of investors here? If youre corporate and are selling un registeree securities perhaps you should supply us all with the finances to back your statements.  Bad call calling me a fudder buddy

You are making urself looking like one when you do 3 posts after each other and dont backup what you say and claim others should.

Okay.  YES MAN. 

I am invested only 1 bitcoin.  Not a fudder.  Read my posts. These are facts not FUD.  Easy to say FUD.  Harder to be informed.

You better backup what you say if you don't want to be called fudder. You got a new account with 2 types of posts. 1 loving Monero and 2 bashing Silkcoin without proof of ur "facts". If you want to be taken seriously you better show your facts.
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March 25, 2016, 02:29:34 AM
 #4071

3 months btw..  have you submitted your quarterly?  Privy to the forum of investors here? If youre corporate and are selling un registeree securities perhaps you should supply us all with the finances to back your statements.  Bad call calling me a fudder buddy

You are making urself looking like one when you do 3 posts after each other and dont backup what you say and claim others should.

Okay.  YES MAN.  

I am invested only 1 bitcoin.  Not a fudder.  Read my posts. These are facts not FUD.  Easy to say FUD.  Harder to be informed.

You better backup what you say if you don't want to be called fudder. You got a new account with 2 types of posts. 1 loving Monero and 2 bashing Silkcoin without proof of ur "facts". If you want to be taken seriously you better show your facts.

As posted.  And please google with me. A private limited company.  Is not a corporation?.  True or False.

Edit:  a private limited company is allowed to sell public securities.  True or false

       A private limted company does not need to pay or charge service tax for a company providing products and services?

     Ill be wheover i want whenever i want man. All power to the cryptos. Read my posts and then ask again if im posting fud not backing anything.

And what does that have to do with anything? You know that you need to gain money to pay taxes for them right? As far as I know they will not take money from exchanging between the currencies so I really dont understand where you want to go with this.
Bitcoinasourus
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March 25, 2016, 02:47:50 AM
 #4072

Firstly it doesn't say its a corporation at all. It is incorporated as a PRIVATE LIMITED COMPANY.

An Ltd is the same as an LLC in America or a BV in The Netherlands.

We do not handle FIAT through the Weaver, so NO ID cards are required whatsoever.

Silk Network will support the Azure cloud, yes, but that just means you can press a button and a node gets built and set up for you. All these people thinking cryptocurrencies are "joining" Microsoft or "teaming" up with Microsoft are very much mistaken.

My objective from the start is to protect the user, the network and to hold privacy and decentralisation as the continual goal for all aspects of Silk Network.

I just consider the last few posts as uneducated, un-researched and quite frankly as FUD, whether the poster intended it as FUD or not.

Sorry I said I wouldn't post but you say a Ltd is not a corporation? And I am not researched? I am an international corporate funding manager and I'll assure you the silk Network Ltd is a corporation.  You have shown your articles of incorporation here.. so you will have to pay taxes articles and comply with all queries in a very bad environment for cryptocurrencies.  US LAW had no bearing here.   UK laws do.  Any products or securities by the silk Network must be registered as public investment options regardless of fiat usage.  Cryptocurrencies in UK are also subject to sales taxes as a service...  which the weaver is.. you will be required to pay taxes and divulge to some extent the users.. why do you think there are no crypto exchanges based in the UK.  You are putting your investors at risk with your lack of understanding.  The uk gov can seize and will seize all assets for non payment including gather information on users.    Do not insult my fucking intelligence sir.

You do need to read back. This all started 2 years ago. You probably won't be employed as a funds manager if you keep investing before you do research. I plan on doing some reading and chatting with some people i know, to see how much hot air you are trying to blow. But how can anyone take your comments seriously when you already made questionable decisions in buying before you knew what you were buying. That cert of registry has been posted for AGES!

His tally of the total is what people have donated, or spent from their own pocket. Not even from the purchase or sale of silkcoin. SilkNet has happened because the community deemed it so. Not because of a long ago presale, or money taken from investors.. READ BACK MAN!
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March 25, 2016, 03:17:35 AM
 #4073

3 months btw..  have you submitted your quarterly?  Privy to the forum of investors here? If youre corporate and are selling un registeree securities perhaps you should supply us all with the finances to back your statements.  Bad call calling me a fudder buddy

You are making urself looking like one when you do 3 posts after each other and dont backup what you say and claim others should.

Okay.  YES MAN.  

I am invested only 1 bitcoin.  Not a fudder.  Read my posts. These are facts not FUD.  Easy to say FUD.  Harder to be informed.

You better backup what you say if you don't want to be called fudder. You got a new account with 2 types of posts. 1 loving Monero and 2 bashing Silkcoin without proof of ur "facts". If you want to be taken seriously you better show your facts.

As posted.  And please google with me. A private limited company.  Is not a corporation?.  True or False.

Edit:  a private limited company is allowed to sell public securities.  True or false

       A private limted company does not need to pay or charge service tax for a company providing products and services?

     Ill be wheover i want whenever i want man. All power to the cryptos. Read my posts and then ask again if im posting fud not backing anything.

And what does that have to do with anything? You know that you need to gain money to pay taxes for them right? As far as I know they will not take money from exchanging between the currencies so I really dont understand where you want to go with this.

My investment in poloniex will be forced to be exchanged in the 'weaver' which seems to be incoporated with the owners having any underatanding of corporate law = cryptsy = mintpal = gox   and i dont have a choice.  Because i bought silkcoin.

Edit: forgive me i could sell.  And let the rest of ya wash these comments over. Surprised they havent been removed yet in this modded thread.

Easy... your posts won't be deleted and I'm interested in hearing you out. But i don't think the public sphere is suited for continuing this conversation.
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March 25, 2016, 04:55:04 AM
 #4074

Firstly it doesn't say its a corporation at all. It is incorporated as a PRIVATE LIMITED COMPANY.

An Ltd is the same as an LLC in America or a BV in The Netherlands.

We do not handle FIAT through the Weaver, so NO ID cards are required whatsoever.

Silk Network will support the Azure cloud, yes, but that just means you can press a button and a node gets built and set up for you. All these people thinking cryptocurrencies are "joining" Microsoft or "teaming" up with Microsoft are very much mistaken.

My objective from the start is to protect the user, the network and to hold privacy and decentralisation as the continual goal for all aspects of Silk Network.

I just consider the last few posts as uneducated, un-researched and quite frankly as FUD, whether the poster intended it as FUD or not.

Sorry I said I wouldn't post but you say a Ltd is not a corporation? And I am not researched? I am an international corporate funding manager and I'll assure you the silk Network Ltd is a corporation.  You have shown your articles of incorporation here.. so you will have to pay taxes articles and comply with all queries in a very bad environment for cryptocurrencies.  US LAW had no bearing here.   UK laws do.  Any products or securities by the silk Network must be registered as public investment options regardless of fiat usage.  Cryptocurrencies in UK are also subject to sales taxes as a service...  which the weaver is.. you will be required to pay taxes and divulge to some extent the users.. why do you think there are no crypto exchanges based in the UK.  You are putting your investors at risk with your lack of understanding.  The uk gov can seize and will seize all assets for non payment including gather information on users.    Do not insult my fucking intelligence sir.

You do need to read back. This all started 2 years ago. You probably won't be employed as a funds manager if you keep investing before you do research. I plan on doing some reading and chatting with some people i know, to see how much hot air you are trying to blow. But how can anyone take your comments seriously when you already made questionable decisions in buying before you knew what you were buying. That cert of registry has been posted for AGES!

His tally of the total is what people have donated, or spent from their own pocket. Not even from the purchase or sale of silkcoin. SilkNet has happened because the community deemed it so. Not because of a long ago presale, or money taken from investors.. READ BACK MAN!

Yeh has been posted long ago enough that a quarterly report is now required for interested investors divulging the details.   Course this is for a public corp..   while a private coep.   Well what is their business?  Is the silkcoin the commodity or the share? Both taxable..

   Selling silkcoins? Developing and producing silkcoins? Is the silk network silkcoin? Or is it an exhange selling their wares on someone elses dollar?
  
  So now 9 months from fintech attacking the silk network and everyones invesrments..  as it has been clearly said that there is no intention to pay taxes based on the nation of the incorporattion..

   And yes force the money out of poloniex to be exchanges at this clearly rogue exchange (not an exchange lol) exchanging silkcoins for security investment in a taxable uk service and commodity..  

  FUD THIS

Silk and DarkSilk will be traded on Poloniex. They will also be traded on Weaver. You are not forced to move your coins or, for that matter, even use Weaver. But on polo you have to trade btc. On weaver you can trade slk for drkslk

Bitcoinasourus
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March 25, 2016, 04:56:59 AM
 #4075

Firstly it doesn't say its a corporation at all. It is incorporated as a PRIVATE LIMITED COMPANY.

An Ltd is the same as an LLC in America or a BV in The Netherlands.

We do not handle FIAT through the Weaver, so NO ID cards are required whatsoever.

Silk Network will support the Azure cloud, yes, but that just means you can press a button and a node gets built and set up for you. All these people thinking cryptocurrencies are "joining" Microsoft or "teaming" up with Microsoft are very much mistaken.

My objective from the start is to protect the user, the network and to hold privacy and decentralisation as the continual goal for all aspects of Silk Network.

I just consider the last few posts as uneducated, un-researched and quite frankly as FUD, whether the poster intended it as FUD or not.

Sorry I said I wouldn't post but you say a Ltd is not a corporation? And I am not researched? I am an international corporate funding manager and I'll assure you the silk Network Ltd is a corporation.  You have shown your articles of incorporation here.. so you will have to pay taxes articles and comply with all queries in a very bad environment for cryptocurrencies.  US LAW had no bearing here.   UK laws do.  Any products or securities by the silk Network must be registered as public investment options regardless of fiat usage.  Cryptocurrencies in UK are also subject to sales taxes as a service...  which the weaver is.. you will be required to pay taxes and divulge to some extent the users.. why do you think there are no crypto exchanges based in the UK.  You are putting your investors at risk with your lack of understanding.  The uk gov can seize and will seize all assets for non payment including gather information on users.    Do not insult my fucking intelligence sir.

You do need to read back. This all started 2 years ago. You probably won't be employed as a funds manager if you keep investing before you do research. I plan on doing some reading and chatting with some people i know, to see how much hot air you are trying to blow. But how can anyone take your comments seriously when you already made questionable decisions in buying before you knew what you were buying. That cert of registry has been posted for AGES!

His tally of the total is what people have donated, or spent from their own pocket. Not even from the purchase or sale of silkcoin. SilkNet has happened because the community deemed it so. Not because of a long ago presale, or money taken from investors.. READ BACK MAN!

Yeh has been posted long ago enough that a quarterly report is now required for interested investors divulging the details.   Course this is for a public corp..   while a private coep.   Well what is their business?  Is the silkcoin the commodity or the share? Both taxable..

   Selling silkcoins? Developing and producing silkcoins? Is the silk network silkcoin? Or is it an exhange selling their wares on someone elses dollar?
  
  So now 9 months from fintech attacking the silk network and everyones invesrments..  as it has been clearly said that there is no intention to pay taxes based on the nation of the incorporattion..

   And yes force the money out of poloniex to be exchanges at this clearly rogue exchange (not an exchange lol) exchanging silkcoins for security investment in a taxable uk service and commodity..  

  FUD THIS

FUD this troll.

Couldn't be a better place to register SilkNet at this point.

http://www.coindesk.com/bitcoin-regulation-uk/

They won't even have to pay VAT on the bitcoin exchanges or know who we are... Come on man.. You can fud better than that. One google search, i didn't even have to wait for friends to get up over the pond. Even had a coffee and a smoke break. Still got to facts before you.



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March 25, 2016, 10:14:09 AM
Last edit: March 25, 2016, 10:55:27 AM by Orestes
 #4076

Snip...

FUD this troll.

Couldn't be a better place to register SilkNet at this point.

http://www.coindesk.com/bitcoin-regulation-uk/

They won't even have to pay VAT on the bitcoin exchanges or know who we are... Come on man.. You can fud better than that. One google search, i didn't even have to wait for friends to get up over the pond. Even had a coffee and a smoke break. Still got to facts before you.



Some thoughts i have on the article:

Quote
There are three areas of regulation to consider when examining this subject: consumer protection; the prevention of money laundering, and taxation. Foreign regulations also have certain implications for those operating in the UK.

1. As a business, you can expect Silk Network .Ltd to exploit the platform under their control. For its services VAT should be included in price. The same does not apply to trading crypto assets it merely means products and/or services that support the process i.e. hosting. And tax should be paid on profit like any other business. I see no problem with taxation, Silk Network .Ltd is a business.

2. Knowing spencer the technology being used is actually aimed at protecting the consumer. It is one of his spearpoints so our confidence should be in the abilities of this development group.

3. On money laundering nothing is formally written down but I will get to that

Quote
Without any formal guidance, businesses act on their own interpretation of what the rules ought to be. As a result, an unusual scenario has arisen: instead of regulators chasing after businesses and insisting on compliance, UK businesses are chasing after regulators and insisting on rules with which they can comply.

  • Talking with other organizations i can see they are franticly trying to comply with regulations that arent even there. All in fear of being put out of business, this mentality is an hindraence
  • Common sense and a good sense of moral obligations should protect us because laws are based on the same set of ideals. The hived mind of the community will always be able to have a reasonable voice in communicating with lifeless institutions or counter sets of regulatory rules if they themselves are unreasonable. Reason is King.

Quote
In the UK, however, there is no formal obligation to take any steps to prevent money laundering through dealings made in bitcoin. This is quite remarkable. Compare this to the position in the US, where businesses must comply with anti-money laundering regulations at a federal level and then essentially repeat this compliance in almost every other state.

So I guess the responsibility in personal taxation lies solely with the holder of capital and not the facilitator of services, corresponding to point 3. mentioned earlier...

Quote
It is fair to say that some businesses go above and beyond what would be required if their business was dealing with pounds sterling rather than bitcoin. The reason for this is simple: UK businesses don’t think that this status quo can be maintained for much longer.

If we do not accept fiat, and users with btc came from fiat through said businesses then you could say that we are depedent on them. This depedence only outsources the function of customer due diligence it does not weaken the process. In other words if we are not actively selling DrkSlk for Fiat, thus being a gatekeeper with (actually still without) compliance rules. This should not be an issue. Once in BTC they could opt for all kinds of anonymous coins like DrkSlk, no regulatory force could keep this in check. But more importantly personal privacy is the thing we actually want to achieve for citizens.

Now trading Silk for Fiat and vice versa should not be a problem it is, much like the bitcoin, a clearnet technology. Once in this domain you are free to spend it on any privacy protecting coin like DrkSlk. This is a seperate process and as mentioned above there are no formal obligations to take any steps to prevent money laundering. Again, responsibility in personal taxation lies solely with the holder of capital; or do you feel that I am allowed to look into your personal wallet and give this information to third parties?

I hope you all can see the importance of Silk in light of this revealing situation. Something the dev might actually not have thought about himself, or maybe he bested me in this line of reasoning who knows  Grin
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March 25, 2016, 10:46:09 AM
 #4077

Welcome to the UK Cheesy
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March 25, 2016, 11:32:11 AM
Last edit: March 25, 2016, 12:18:02 PM by SLievensDRKSLK
 #4078

So, let us get this clear before you look at the image below and all get overly excited.

This is NOT a partnership with Microsoft, it is NOT a teaming up with Microsoft.

All other coins that have done the same as this i.e. SysCoin, Dash, Ethereum have all signed the exact same document.

Yes, this is very good and yes it is very very useful to be on the Microsoft Azure cloud and have a one press setup for nodes, BUT, this should not influence price of any coin, because, any coin can do this, it isn't anything special.

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March 25, 2016, 11:57:29 AM
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Have to write this:

All ppl dont have to declare tax but all companies have too declare taxes.
As a person that do some small trading you can avoid being taxed if you use an exchange that only deals with crypto. If you move your crypto over to fiat money then you have to declare tax but not pay tax if its under the minimum levels of income. A exchange that deals with crypto only and are an company cant avoid to declare taxes.

UK an my country have not put up much guidlines for crypto. They are still unsure about how to deal with crypto and there is a large amount of ppl that are just satoshi trading. If something happens they will use old laws as a base of decisions.

US rregulations spill over to other countries and if you have US costumers then you have to be more carefull because US government applies their laws to you also.
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March 25, 2016, 12:15:07 PM
 #4080

Have to write this:

All ppl dont have to declare tax but all companies have too declare taxes.
As a person that do some small trading you can avoid being taxed if you use an exchange that only deals with crypto. If you move your crypto over to fiat money then you have to declare tax but not pay tax if its under the minimum levels of income. A exchange that deals with crypto only and are an company cant avoid to declare taxes.

UK an my country have not put up much guidlines for crypto. They are still unsure about how to deal with crypto and there is a large amount of ppl that are just satoshi trading. If something happens they will use old laws as a base of decisions.

US rregulations spill over to other countries and if you have US costumers then you have to be more carefull because US government applies their laws to you also.


OK, but remember in the UK we declare the income of the company. Right now we don't even have a UK or any business bank account. We cannot take FIAT, it is impossible. No account, nothing to declare, means no tax.

Also on top of this if our own personal expenditure on servers etc. is taken as company outgoings then we are in fact running at a loss, again, this would mean, no tax.

So.....
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