Online Cash Bitcoin Could Challenge Governments, Banks

Discussion in 'privacy general' started by nightrace, Apr 16, 2011.

  1. mirimir

    mirimir Registered Member

    Joined:
    Oct 1, 2011
    Posts:
    9,252
  2. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
  3. ronjor

    ronjor Global Moderator

    Joined:
    Jul 21, 2003
    Posts:
    120,502
    Location:
    Texas
    http://phys.org/news/2014-08-states-debate-digital-currency.html
     
  4. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
    Judge Shoots Down ‘Bitcoin Isn’t Money’ Argument in Silk Road Case.

    So, if 'Bitcoin is Money', what implications does this have for the IRS to start collecting taxes on Bitcoin?

    -- Tom
     
  5. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
    Bitcoin contracts.

    -- Tom
     
  6. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
  7. mirimir

    mirimir Registered Member

    Joined:
    Oct 1, 2011
    Posts:
    9,252
    I recall a preliminary statement from some US financial agency that it's capital. So there wouldn't taxes so much as capital gains and losses. Maybe it'd be like receiving some of your compensation as stock. Capital gains are taxed at a lower rate than income. Also, you'd pay nothing until you converted them into money. But what about buying stuff with them?

    It's confusing.
     
  8. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
    Visiting The Bitcoin Bodega.

    -- Tom
     
  9. ronjor

    ronjor Global Moderator

    Joined:
    Jul 21, 2003
    Posts:
    120,502
    Location:
    Texas
  10. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
  11. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
    The Man Who Really Built Bitcoin.

    -- Tom
     
  12. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
    Why Bitcoin Has The Potential To Blow The Legacy Payments System Out Of The Water.

    -- Tom
     
  13. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
    Why Bitcoin is The Best Form Of Money We've Ever Seen, with Wences Casares.

    .

    -- Tom
     
  14. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
    This Cryptocurrency Doesn't Want to Beat Bitcoin, It Wants to Beat the Economy.

    -- Tom
     
  15. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
  16. ronjor

    ronjor Global Moderator

    Joined:
    Jul 21, 2003
    Posts:
    120,502
    Location:
    Texas
    http://www.coindesk.com/hacker-hijacks-satoshi-nakamoto-email/
     
  17. siljaline

    siljaline Registered Member

    Joined:
    Jun 29, 2003
    Posts:
    6,618
  18. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
    It’s time to bring Bitcoin and cryptocurrencies into the computer science curriculum.

    -- Tom
     
  19. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
  20. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
  21. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
  22. Justintime123

    Justintime123 Registered Member

    Joined:
    Jun 15, 2013
    Posts:
    99

    US court shuts down fake Bitcoin-mining operation

    FTC alleges that Butterfly Labs, a Missouri company, ‘deceptively marketed’ computers designed to produce bitcoins

    A US court has shut down Butterfly Labs, a Missouri company the Federal Trade Commission alleges deceptively marketed computers designed to produce bitcoins, the “virtual currency” payment system.

    The FTC’s complaint against Butterfly and its corporate officers alleges that the company charged consumers thousands of dollars for its bitcoin computers, called BitForce, but then failed to provide the computers until they were almost obsolete, or in many cases did not provide the computers at all.

    --
     
  23. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
  24. lotuseclat79

    lotuseclat79 Registered Member

    Joined:
    Jun 16, 2005
    Posts:
    5,390
    Bitcoin’s Killer Apps

    -- Tom
     
  25. ronjor

    ronjor Global Moderator

    Joined:
    Jul 21, 2003
    Posts:
    120,502
    Location:
    Texas
    http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
     
  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.