Message from @Ash
Discord ID: 523518565547114497
localbitcoins it's easy
just localbitcoins.com
and have fun
i don't think tim is going to be able to make a living that way
theres also an app called "Bisq" where you can trade btc-dollars, dollars-btc peer to peer with people without an exchange
@Ash binance has USDT.....
there's a difference between proof-of-concept and actually making an income
And no one has even mentioned the elephant in the room.
I've had exchanges seize the tiny amounts I've tried to take out, ask me to give them ridiculous amount of identification including, passport, real life picture, holding passport, sending signatures, home address verification with bank statements, it's ridiculous.
@NativeInterface bisq sucks. bitshares better than bisq
TAXATION
@DrYuriMom so what? you make profit you pay tax? welcome to life
capital gains tax is evil
Governments will absolutely not countenance a mechanism to perform transactions that does not show as income or for sales tax
@Ash bitshares is a dex no one can ban you
Every time you perform a transation, your state (if it has a sales tax) or nation (if it has a GST) gets its cut
and dont keep money in exchanges they are scammers
thats where i think the online piracy comparison comes into play, because if tax evasion gets easier and more risk free, there will be more people doing it
so i'm pretty hyped
Crypto will be regulated to ensure those transactions can be taxed
And that income can be reported to governments as income
well if they cant stop piracy i dont think they can stop tax evasion if its easy
it's already regulated please educate yourself
It's already happening now that crypto has reached the level of notice. The amount of commerce that starts to cut into tax revenues.
Blockchain is too opaque
but if you're a company, of course you're super regulated
By definition it can hide commerce from the taxman
@DrYuriMom you speak about blockchain like you know about it... What is DPOS what is PoW? what is PoS? 😄
your accounting books has to make sense
I'm not an expert
You tell me how the state can know where tax revenue comes from?
ok i develop inside the blockchain ecosystem. i run a business that only accepts crypto. i can tell you it's regulated.
I'm just looking at the regulatory framework
Note the articles I posted above
btc is plummeting .... to some people.. that means cheap!
buy the dip
lol
btfd!