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A MadLad's Comprehensive Guide to Kicking the Legislative Hornet’s Nest (self.Bitcoin) submitted 3 hours ago by ParkerGuitarGuy Step 1: Create a new, fully functional cryptocurrency with a 100% pre-mine. It is very important that its creator gains and holds the entire supply while its fair market value is $0 (or at the least, not be a US citizen). Step 2: Create a publicly available announcement of the new coin, its features, etc. (like you would find on BitcoinTalk) Step 3: Find about 1000 kind souls to buy 0.00000001 of it for $1 each. Fair market value is now $10M per coin. Step 4: Determine the names and contact information of as many IRS staff, members of Congress, and any other positions of authority who could influence the lawmaking and decision-making process around the taxable treatment of cryptocurrency. Step 5: Create personalized communications for each government agent with a generous donation of 10,000.00000000 of these coins, making sure to include the private keys or some other means that provides them with instant control of the funds. Be sure to include a friendly reminder that cryptocurrency is an asset, and much like mining, they should include this per the fair market value as of the day it was obtained when they file their taxes. It should be noted that if anyone proposes outlawing cryptocurrency as a response, the community shall follow suit by rinsing and repeating this process with generous donations to those people, especially after such legislation goes into effect, thus making them break the law. We will either see a change in legislation, those in power will resolve our national debt, or a little of both.
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Jul 30, 2019 00:55
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reality: someone in IRS tries to sell their gifted coins and fail, setting precedence that the shitcoin is worth gently caress all, nothing happens
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Jul 30, 2019 01:09
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Deep Dish Fuckfest posted:you'll find i specifically added the parts about no parking lot stabbing and no anti-money-laundering law troubles. that alone should put me in the nocoiner column, birdbath ownership or not found you https://www.reddit.com/r/Bitcoin/comments/cj6wgp/are_there_any_legit_amazon_gift_card_sellers_with/
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Jul 30, 2019 01:09
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...! posted:A MadLad's Comprehensive Guide to Kicking the Legislative Hornet’s Nest (self.Bitcoin)
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Jul 30, 2019 01:26
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if you're caught with weed by a cop, shove it into their hands and run away while they arrest themselves
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Jul 30, 2019 01:30
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...! posted:A MadLad's Comprehensive Guide to Kicking the Legislative Hornet’s Nest (self.Bitcoin) how bitcoiners think the law works: I gave you a private key, now you own undeclared back taxes because it’s worth a billion dollars. how the law really works: your honor, my client never interacted with the accuser, never took possession this piece of paper that was mailed to him unsolicited, has no idea what any of this means, and it turns out that the market value of this item is exactly $0 because no one in the world is willing to purchase it and it was given away freely with no expectation or remuneration.
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Jul 30, 2019 01:37
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why would it need to be a new coin anyway? just send your congressman a quick hit of bitcoin.
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Jul 30, 2019 01:54
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because bitcoins are actually worth something and they don't want to spend something worth anything on their stupid plan, just something they can "freely" "adjust" the "market value" of also lol that one of the potential outcomes of their stupid plan is "those in power will resolve our national debt" like, who the gently caress would be at the buyer end of the insane valued shitcoin sales? ymgve fucked around with this message at 02:17 on Jul 30, 2019 |
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Jul 30, 2019 02:13
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CampingCarl posted:why would it need to be a new coin anyway? just send your congressman a quick hit of bitcoin. because then you wouldn't be able to artificially manipulate the "free market value" as easily and as such, you'd have to actually spend money to bribe/curse the legislators I love how close he gets to understanding how meaningless the "price" and "market cap" are but ultimately still thinks he's outsmarted everyone with one weird trick
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Jul 30, 2019 02:16
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The Management posted:how the law really works: your honor, my client never interacted with the accuser, never took possession this piece of paper that was mailed to him unsolicited, has no idea what any of this means, and it turns out that the market value of this item is exactly $0 because no one in the world is willing to purchase it and it was given away freely with no expectation or remuneration. even if it did somehow work wouldn't the creator have taxable events of $100b each time they transfer 10k of those coins to another person?
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Jul 30, 2019 02:19
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necrotic posted:even if it did somehow work wouldn't the creator have taxable events of $100b each time they transfer 10k of those coins to another person? there are so many layers of idiocy in that post it almost hurts trying to parse it.
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Jul 30, 2019 03:03
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What is value? We just don’t know.
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Jul 30, 2019 03:12
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kw0134 posted:either it's a gift, which is taxable to the giver, or it's a bribe, which is the most obviously stupid way to buy influence. and like most bitcoin ideas i think someone said it in 2010
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Jul 30, 2019 03:27
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ymgve posted:because bitcoins are actually worth something HAHAHAHAHAHAHA 
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Jul 30, 2019 04:24
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what if we all just agreed that bitcoins are worth a million dollars?
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Jul 30, 2019 04:54
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BMan posted:what if we all just agreed that bitcoins are worth a million dollars? like most bitcoin ideas i think someone said it in 2010
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Jul 30, 2019 04:55
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Soricidus posted:this is wrong on literally every point. i'm impressed, bitcoiners usually manage to get at least one thing right by accident, but this guy is truly dedicated to his art oh wait, sorry, i just got to the part where he suggests that europe's economy was ruined in ww2 because it bought too many tech companies.
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Jul 30, 2019 04:56
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Boxturret posted:like most bitcoin ideas i think someone said it in 2010 Crypto Cobain fucked around with this message at 05:09 on Jul 30, 2019 |
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Jul 30, 2019 05:05
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Fleetwood Crack posted:They did, but they instead of one million they said ten thousand dollars... no it was a million, it was someone here actually
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Jul 30, 2019 05:07
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Boxturret posted:no it was a million, it was someone here actually
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Jul 30, 2019 05:10
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btcwerksredditor for 3 months 1 point 5 hours ago I would rather lend out, or borrow against my bitcoin with friends and family, than wait for payment options to use bitcoin for small payments. If you were to have someone willing to lend fiat that you could buy back your bitcoin from, that would be amazing incentive for loan repayment in the future. Not a bank loan, more like something you "sell" your friend who isnt sure about bitcoin but buy it back from them over time or they keep it if you dont make payments.
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Jul 30, 2019 05:36
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push all the risk of your decision to buy bitcoins onto your friend who doesn't even want bitcoins. if the price goes up, they'll be instant converts. if the price drops, just don't pay them back and leave them holding the bag brilliant!
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Jul 30, 2019 05:38
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Hurt Whitey Maybe posted:
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Jul 30, 2019 05:42
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in the spirit of projects with "blockchain" bolted on for no reason, this isn't really that related to bitcoin, but I had to share my revulsion: scott adams uses gilroy mass shooting to market his app
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Jul 30, 2019 07:32
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cool so he's a holocaust denier too weird to think that dilbert was one of his lesser atrocities
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Jul 30, 2019 07:45
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Scott Adams was always trash, and now he's alt-right PUA trash. 
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Jul 30, 2019 07:52
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Boxturret posted:cool so he's a holocaust denier too Wait where was that part
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Jul 30, 2019 08:53
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Alan Smithee posted:Wait where was that part "In addition to punditry on topics ranging from fifth-dimensional chess analyses proclaiming Donald Trump a genius Pavlovian manipulator to tortured theological treatises, to questioning the specifics of the Holocaust’s atrocities, Adams is the co-founder of app company WhenHub." Link: https://www.buzzfeednews.com/article/ryanhatesthis/kanye-west-scott-adams-redpilled-twitter-right-trump
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Jul 30, 2019 09:25
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New things move slowly. (self.Bitcoin) submitted 3 hours ago * by whenthefogclears2redditor for 3 months Hi i thought I’d share an observation with you guys, recently I decided I’d use the supermarkets new bar code mobile scanner linked to an app on my phone I can now shop away without going near the checkout or having to unload the trolley and load up the bags and also less queuing time “a win win”. Anyway it’s easy and suits my needs, but I noticed there wasn’t many people doing it, sure they were using the static self scan machines that individually scan the items, but this mobile “scan and bag as you shop” IMO was better 🤗. So I’ve been taking notice and slowly over the last 5 months I’ve seen more people using the scanning devices, I don’t think it’s anywhere near where it will be and I think the older generation may onboard last, but it’s so much like watching BTCs evolution into main stream. Plainly speaking I think tech fear can be seen with any new implementation no matter how small, for me I know now that patience in the crypto space is for sure what we need, the road will be long and hard, but I firmly believe this space will eventually succeed. Once fear has passed and usage becomes simple 🚀, the sky is the limit.
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Jul 30, 2019 09:29
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...! posted:Once fear has passed and usage becomes simple 🚀, the sky is the limit. Becomes simple infected penis on fire?
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Jul 30, 2019 09:44
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gschmidl posted:Becomes simple infected penis on fire? Don't sign your posts
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Jul 30, 2019 09:57
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US files lawsuit against Bitcoin exchange that helped launder ransomware profits As "Mr. Bitcoin" seems destined to be extradited to Russia, US authorities are trying to recover some of BTC-e's funds in a last ditch effort. By Catalin Cimpanu for Zero Day | July 29, 2019 -- 19:27 GMT (12:27 PDT) | Topic: Security The US Department of Justice has filed a civil lawsuit seeking to recover more than $100 million from a notorious cryptocurrency exchange that has helped cyber-criminals launder stolen funds, such as those obtained from ransomware payments, dark web drug marketplaces, and funds from hacked cryptocurrency exchanges. In a lawsuit filed on Friday, July 26, the US wants to recover $88,596,314 from the accounts of the now-defunct BTC-e cryptocurrency exchange, and an additional $12 million from Alexander "Mr. Bitcoin" Vinnick, BTC-e's founder and CEO. LAWSUIT WANTS TO RECOVER US FINE IN A SINKING LEGAL CASE The sum represents a fine that was imposed by the US Treasury's Financial Crimes Enforcement Network (FinCEN) in 2017 when the FBI shut down the BTC-e portal, and Greek authorities arrested Vinnick. For the past two years, the DOJ has been trying to extradite Vinnick to the US to face charges, but with no success. In fact, in a shocking and unexpected decision, Greece's highest court ruled last year to extradite Vinnick to Russia, his home country, where he stands to face trial on much lighter charges than those brought forward by the US and France (also looking for Vinnick's extradition). The DOJ's civil lawsuit is an alternative legal method to make sure the US Treasury FinCEN recovers its due fine in the case US authorities opened in 2017. BTC-E WAS A HOTBED FOR MONEY LAUNDERING Those fines were imposed because BTC-e violated the Bank Secrecy Act (BSA). First by not registering with US authorities as a Money Services Business (MSB), even if it catered to US consumers. Second, for failing to implement an anti-money laundering (AML) program in accordance with US and many other international standards. And third, for failing to file any suspicious activity report (SAR) for the numerous shady transactions that have happened on its platform. And there have been plenty of those. When authorities charged Vinnick and shut down BTC-e on July 26, 2017, the DOJ said that the platform, which claimed on its website to have handled over $7 billion worth of Bitcoin in its lifetime, had laundered criminal proceeds of more than $4 billion, representing more than half of the funds that have ever gone through its accounts. A day later after the BTC-e shutdown, a team of academics that also included Google staffers presented research at the Black Hat USA 2017 security conference, revealing that 95% of all ransomware ransom payments that had been made up until that point had been cashed out and converted into fiat currency through Vinnik's BTC-e portal. Furthermore, a similar investigation by a group of anonymous Bitcoin experts calling themselves WizSec published an investigation linking Vinnik's Bitcoin accounts to money laundering operations involving funds stolen from the (hacked) Mt. Gox exchange. In addition, WizSec also said BTC-e was involved in laundering funds stolen from other cryptocurrency exchanges, and not just Mt. Gox, such as Bitcoinica, Bitfloor, and other platforms they did not name at the time. And last but not least, the DOJ also blamed Vinnick of allowing dark web drug marketplaces and drug cartels to operate accounts at his exchange, helping criminal gangs moves money undetected across borders.
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Jul 30, 2019 10:31
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‘Dilbert’ Creator Scott Adams Tries to Sell Interviews With Gilroy Garlic Festival Shooting Survivors After the mass shooting, he advertised his new app that would somehow let people set a price for their stories—and give him a 20 percent cut. Will Sommer Lloyd Grove Editor At Large Updated 07.29.19 6:50PM ET / Published 07.29.19 12:29PM ET As police in Gilroy, California, processed the crime scene at a mass shooting at the Gilroy Garlic Festival on Sunday that left three people dead, Dilbert comic strip creator Scott Adams decided to make some money off the tragedy. In a message to his more than 300,000 Twitter followers, Adams urged any Gilroy shooting witnesses to make an account on an app he co-founded that allows experts to make money by discussing issues over video calls. By signing up for the app, “Interface by WhenHub,” Adams claimed, witnesses could “set your price” and make money by selling interviews about the mass murder, while Adams’ company took a 20 percent cut. If you were a witness to the #GilroyGarlicFestivalshooting please sign on to Interface by WhenHub (free app) and you can set your price to take calls. Use keyword Gilroy. https://t.co/ilASD9kVAt — Scott Adams (@ScottAdamsSays) July 29, 2019 Adams soon faced an online backlash, with Republican pollster Frank Luntz and others accusing Adams, who has rebranded himself as pro-Trump internet personality, of using the shooting to promote his app. You’re really using an in-progress mass-shooting to promote your app, Scott? https://t.co/wcVh8DU6X3 — Frank Luntz (@FrankLuntz) July 29, 2019 No actual Gilroy survivors appear to have taken Adams up on his offer. As of this writing, the only avowed “expert” for the search term “Gilroy” available on the site appears to be a troll who lists his other topics as “Scott Adams being vile” and “journalism basics.” He’s willing to talk about any of those issues for $50 an hour. During a Periscope livestream that Adams posted Monday, he announced that his cut of any payments would have been 20 percent, but claimed that he expected that most witnesses using the WhenHub app would set the price at zero, with his potential earnings only “in the 5 to 10 dollar range.” That appears to contradict Adams’s earlier tweet, in which he encouraged shooting survivors to “set your price.” Adams didn’t respond to a request for an interview, and instead mocked the Daily Beast’s attempt to reach out to him on Twitter. Noting that he had been contacted by The Daily Beast, Adams exhorted his Twitter followers: “Let’s talk about the fake outrage trolls.” “That's really cynical—really, really cynical,” Lucy Dalglish, dean of the University of Maryland’s Philip Merrill College of Journalism, told The Daily Beast. “I imagine there are some people who are going to do it, but I also imagine news media are going to use good old-fashioned methods to find these witnesses, just like they would for any other story.” Dalglish added: “There's a reason why media cover these events, and as a reader and a viewer and a citizen, I'm disturbed by the thought that presumably this guy is going to make money. If I'm a witness, my goal in life is not going to be to make money off of this horrible, horrible incident. That doesn't make anybody look good, does it? And I used to like that cartoon.” During his Periscope video, Adams claimed many of his critics on social media were just taking part in an organized campaign against him, saying that critics frequently calling him a “grifter” and a “ghoul” amounted to proof that his detractors were acting in concert. “What this is about is Trump,” said Adams, who has frequently supported and defended President Donald Trump on social media and elsewhere. “The pushback I'm getting is fueled by the intense hatred of Trump and of anybody who's ever said anything good about Trump.” Adams, who describes himself as a WhenHub’s chief strategy officer, did concede that he was using the shooting to promote his app. “For those of you who are saying, ‘Scott, you grifter, you’re using this to get attention for your app,’” Adams said. “Well, obviously, yes.” This isn’t Adams’s first bizarre attempt to promote WhenHub, which he envisioned in 2018 as a place where experts could share advice from topics ranging from “buying a horse” to “shy bladder recovery methods.” After a helicopter pilot was killed in June after his helicopter crashed into a New York City building, Adams offered $500 to any witness who would talk about the crash on his app. None appeared to have taken the offer. Anyone who signed up to discuss the shooting could also have been paid in the WHEN Token, a cryptocurrency Adams has used to fund his app that is currently worth slightly more than one cent. Shortly before Adams announced WhenHub’s cryptocurrency aspect in 2017, Dilbert watchers noticed that the characters in the comic, who are typically suspicious of poorly understood business crazes like blockchain, were suddenly running straightforward explanations of blockchain in an apparent effort to drum up interest in Adams’s cryptocurrency. Dalglish, meanwhile, said beyond the ugly spectacle of someone trying to make money from tragedy, Adams’ pitch raises ethical issues. “If you consider him [Scott Adams] to be a journalist, and we consider most cartoonists to be journalists, there is an ethical problem here,” she said. “It's an ethical standard that we don't pay sources—at least in this country—and that's what's happening here. Sources are being paid.” Dalglish predicted that Adams' app and his promoting it for coverage of a mass shooting will be a case study taught this fall in her journalism school's ethics classes. Adams, for his part, responded defiantly to his critics. “I do plan to do the same thing again in the future,” he said on his Periscope livestream, “Now if it’s a mass shooting, I might think twice.” And then he laughed.
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Jul 30, 2019 10:49
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We just had this but I hope someone mass-shoots Adams.
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Jul 30, 2019 10:55
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gschmidl posted:We just had this but I hope someone mass-shoots Adams. my friend have you considered placing a wager when Adams might be-- *spots secret service hiding just behind the yospos dumpster, decides to whistle nonchalantly instead of completing the sentence*
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Jul 30, 2019 12:18
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people call me a grifter and a ghoul after i tried to profit from mass murder? this must be an organized campaign against me and not anything to do with me trying to profit from mass murder!
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Jul 30, 2019 12:46
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Weatherman posted:my friend have you considered placing a wager when Adams might be-- *spots secret service hiding just behind the yospos dumpster, decides to whistle nonchalantly instead of completing the sentence* Are you from the timeline where Adams becomes the head of SEC and/or the IRS?
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Jul 30, 2019 13:01
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clearly the fact that no survivor wants to get payed for their story means this was a false flag operation
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Jul 30, 2019 15:50
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slvbtc[S] [score hidden] 11 minutes ago Obviously the first country to really make bitcoin their money is going to experience an absolute economic miracle relative to all the countries that stay behind with their fiat currency. So they would end up as the country with the best education and most opportunities, and where the most opportunities exist so does the most equality of opportunity making for the lowest levels of crime. So to answer your question the first country to adopt bitcoin as their money will likely end up with the best educated and most respectful citizens.
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Jul 30, 2019 15:58
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obviously rich people never commit crimes.
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Jul 30, 2019 16:29
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