gw3i_4lt

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Aug 18, 2016
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  • Legislation might explicitly exclude assets held for daily use from taxation as in some countries. Still, the tax authority might have a different opinion than the Bitcoin user. Yes, as long as there is the possibility…

  • It's supposed to lead to the same net result. It may lead to some leeway with respect to when the gains become taxable gains.

  • Thanks for raising the concern. To clarify: the original ANN post was intentionally shortened and simplified so it would not overlap with the technical discussion. The goal is to keep both threads clearly distinct — the…

  • This video was one of the catalysts that motivated the creation of No ID: https://www.facebook.com/share/v/1AXnzDKK1B/ It highlights a broader issue that has become increasingly visible in recent years and reinforces…

  • Hi coin-investor, I understand your concern regarding forum rules. I want to clarify that the segmentation of the content was purely for clarity and technical organization, not marketing, and it remains fully within the…

  • Thank you for the feedback. The separation is intentional and follows a common engineering practice rather than a marketing one. The announcement thread exists to describe the project scope, design goals, and current…

  • VISIBLE LEDGER INVISIBLE PEOPLE THE MANIFESTO FOR SOVEREIGN VALUE TRANSFER PROTOCOL SPECIFICATIONS Ticker: NID Total Supply: 21,000,000 Premine: 0% (FAIR LAUNCH) Consensus: PoW (Argon2id 32MB / 2 / 1) Block Time: 60…

  • The obvious way to avoid centralization is to actually become involved. If whatever layer 2 effort is prohibitively hard and/or expensive to _technically_ become a part of it, chances are that only few will, leading to…

  • As long as most news media seem to agree that he deserves 90% of everyone's attention, is there anything that couldn't be influenced?

  • I think it's a reasonable step in order to nudge people towards reducing energy consumption. I don't see a reason why other energy-hungry businesses should be privileged by being excluded from the energy tax.

  • The withdrawers' own decision whether to take the risk or not...

  • We can recognize that PyPI's review processes don't suffice to fence off supply chain attacks, and look for software distribution mechanisms that do this better.

  • Who says you can't figure out a way to prove how the assets have been earned? No sane country will say no to recognizing income it can tax.

  • In a lot of cases, there is a fallacy involved. Only if a protocol is sufficiently decentralized, a participating actor can plausibly deny exercising control. However, if you build in mechanisms of control and…

  • Any "malware scanners" out there which can detect this kind of logic in the contracts?

  • As long as the regulations are applied in a proper, unbiased fashion like raising taxes or charges on electricity or emissions, I don't think there will be a negative long-term effect. It might even lead to improvements…

  • Due to the high costs of decentralization, people tend to ignore decentralized solutions until something bad happens. They will even happily hurt resilience in order to get performance and cost savings. Just look at the…

  • I would argue that the "existing and trusted" situation often stems from the lack of visible alternatives. People are used to a central authority being necessary, so they don't know better. Later, they might be…

  • Got that. Going back to the topic, this makes you one of the other BTC owners whose coins haven't been confiscated aka "taken out of circulation": Given the example with the deposit boxes, I still don't see how users…

  • By design, the Bitcoin blockchain allows to track the control of every single satoshi back to the block where it was mined. This means that, similar to an art print or any other collectible item, if some of them get…