bitcoin

[zerps]

Sept 29, 2021 7:20:53 GMT musik said:

The book was apparently written in 2018, so I wonder what has happened in the last three years?

The most interesting fact he presented within this field was about the Eco system or the Eco movement. The idea of using blockchains (without presenting any case details, it's just an idea) to get people paid for watching commercials instead of Facebook etc. It might sound like Left Wing utopia, but after all ... it's ourselves that should get paid for hearing, seeing the shit - not only the ones who lend out some space.

Other facts: No Swedish bank trades with bitcoin.

Q: why is it called bitcoin, shouldn't it be bitcoins?

Same as the dollar is called the dollar mate

Blockchain will tokenise everything in the future. Walmart are already using vechain to track their products

[musik]

A friend of mine says "you can't transform cryptocurrencies into real money", what does that mean?

No swedish bank trade with cryptocurrencies, how is the situation in the UK?

[zerps]

Oct 3, 2021 9:33:50 GMT musik said:

A friend of mine says "you can't transform cryptocurrencies into real money", what does that mean?

No swedish bank trade with cryptocurrencies, how is the situation in the UK?

You can mate that’s what exchanges do.

[boskampsflaps]

Oct 3, 2021 9:33:50 GMT musik said:

A friend of mine says "you can't transform cryptocurrencies into real money", what does that mean?

No swedish bank trade with cryptocurrencies, how is the situation in the UK?

You can but you have to make sure the exchange you use is accepted by your country/bank.

[zerps]

Use coinbase pro as an off ramp. They transfer via PayPal.

[zerps]

www.standard.co.uk/business/bitcoin-price-50000-bank-of-america-cryptocurrency-note-first-inning-digital-asset-b958903.html

[zerps]

Nov 27, 2013 19:21:20 GMT boothenpaddock86 said:

its a revolution mate,wait and see then,predictions are it could reach 10k per coin

The start of this thread is absolute quality

[musik]

Nov 28, 2013 13:53:43 GMT Squeekster said:

You gotta feel for the bloke who threw his hard drive away with 7500 bitcoins on it 4 million up in down the dump literally!

Every hard drive, usb memory stick and solid state drive will be worn out in 3-5 or in some cases +10 years.
What do you do then?
Is it allowed to take security copies of the holding?

And when the Windows version or the Mac OS version changes, so they no longer could be read, what do you do then?

[zerps]

Oct 6, 2021 12:51:41 GMT musik said:

Nov 28, 2013 13:53:43 GMT Squeekster said:

You gotta feel for the bloke who threw his hard drive away with 7500 bitcoins on it 4 million up in down the dump literally!

Every hard drive, usb memory stick and solid state drive will be worn out in 3-5 or in some cases +10 years.
What do you do then?
Is it allowed to take security copies of the holding?

And when the Windows version or the Mac OS version changes, so they no longer could be read, what do you do then?

That’s 350 million dollars now 😂

Throwing a hard drive shouldn’t lose your bitcoin. They’re backed up by a seed code. Unless the only place he kept a copy of it was on his hard drive and he had to re install his wallet.

[musik]

Oct 6, 2021 12:54:17 GMT zerps said:

Oct 6, 2021 12:51:41 GMT musik said:

Every hard drive, usb memory stick and solid state drive will be worn out in 3-5 or in some cases +10 years.
What do you do then?
Is it allowed to take security copies of the holding?

And when the Windows version or the Mac OS version changes, so they no longer could be read, what do you do then?

That’s 350 million dollars now 😂

Throwing a hard drive shouldn’t lose your bitcoin. They’re backed up by a seed code. Unless the only place he kept a copy of it was on his hard drive and he had to re install his wallet.

Q: are you allowed to take copies of the holding on the hard drive?

Why is it rising? Noone would pay 350$ for them now anyway, right?

[zerps]

Oct 6, 2021 13:04:11 GMT musik said:

Oct 6, 2021 12:54:17 GMT zerps said:

That’s 350 million dollars now 😂

Throwing a hard drive shouldn’t lose your bitcoin. They’re backed up by a seed code. Unless the only place he kept a copy of it was on his hard drive and he had to re install his wallet.

Q: are you allowed to take copies of the holding on the hard drive?

Why is it rising? Noone would pay 350$ for them now anyway, right?

It’s upto you to keep your private keys safe

Bitcoin currently $54,000 per coin. Institutions and even el salvador are buying it

[musik]

Oct 6, 2021 13:32:04 GMT zerps said:

Oct 6, 2021 13:04:11 GMT musik said:

Q: are you allowed to take copies of the holding on the hard drive?

Why is it rising? Noone would pay 350$ for them now anyway, right?

It’s upto you to keep your private keys safe

Bitcoin currently $54,000 per coin. Institutions and even el salvador are buying it

But most people buy fractions of coin, right?

[zerps]

Oct 6, 2021 14:18:03 GMT musik said:

Oct 6, 2021 13:32:04 GMT zerps said:

It’s upto you to keep your private keys safe

Bitcoin currently $54,000 per coin. Institutions and even el salvador are buying it

But most people buy fractions of coin, right?

Yeah might satoshis which are like pence in the pound

[musik]

Oct 6, 2021 14:23:30 GMT zerps said:

Oct 6, 2021 14:18:03 GMT musik said:

But most people buy fractions of coin, right?

Yeah might satoshis which are like pence in the pound

Yeah, I read about that.

[zerps]

😂

[boskampsflaps]

Oct 6, 2021 14:30:03 GMT musik said:

Oct 6, 2021 14:23:30 GMT zerps said:

Yeah might satoshis which are like pence in the pound

Yeah, I read about that.

If you find this confusing take a look at the minefield that is NFTs

[Foster]

Oct 6, 2021 14:23:30 GMT zerps said:

Oct 6, 2021 14:18:03 GMT musik said:

But most people buy fractions of coin, right?

Yeah might satoshis which are like pence in the pound

Opinion on Tron?

[zerps]

Oct 7, 2021 11:34:02 GMT Foster said:

Oct 6, 2021 14:23:30 GMT zerps said:

Yeah might satoshis which are like pence in the pound

Opinion on Tron?

Good as owt mate.

It’s been flying lately though

[zerps]

Bitcoin 57k

[zerps]

Oct 11, 2021 19:57:08 GMT colderpotter said:

Oct 11, 2021 15:43:58 GMT zerps said:

Bitcoin 57k

Ah - dollars - had me reaching for the sell button there for a second...

Or do you mean you've got 57,000 bitcoins?? 😲

Are you hmrc?

[zerps]

Oct 12, 2021 6:16:16 GMT colderpotter said:

Oct 12, 2021 5:29:37 GMT zerps said:

Are you hmrc?

Not HMRC no. I'll only come for you if you don't plant enough new trees when you chop a load down to build your mansion 😉

😂😂😂

[musik]

HMRC ... aha I had to check it out and read about our own SKV and the tax laws.

Here if you have crypto currency (also called virtual currency here since it doesn't exist), you have to pay a 30% tax at least.

It has been worse regarding taxes here. We had writers paying more than 100% of their income in the 80ies, like Astrid Lindgren (who wrote Pippi, Emil etc).

[zerps]

Oct 12, 2021 12:37:48 GMT musik said:

HMRC ... aha I had to check it out and read about our own SKV and the tax laws.

Here if you have crypto currency (also called virtual currency here since it doesn't exist), you have to pay a 30% tax at least.

It has been worse regarding taxes here. We had writers paying more than 100% of their income in the 80ies, like Astrid Lindgren (who wrote Pippi, Emil etc).

It’s standard capital gains tax on any profits.

It does exist or you couldn’t buy things with it 😎

[musik]

Oct 12, 2021 12:43:24 GMT zerps said:

Oct 12, 2021 12:37:48 GMT musik said:

HMRC ... aha I had to check it out and read about our own SKV and the tax laws.

Here if you have crypto currency (also called virtual currency here since it doesn't exist), you have to pay a 30% tax at least.

It has been worse regarding taxes here. We had writers paying more than 100% of their income in the 80ies, like Astrid Lindgren (who wrote Pippi, Emil etc).

It’s standard capital gains tax on any profits.

It does exist or you couldn’t buy things with it 😎

No tax on the holding?

[zerps]

Oct 12, 2021 12:55:10 GMT musik said:

Oct 12, 2021 12:43:24 GMT zerps said:

It’s standard capital gains tax on any profits.

It does exist or you couldn’t buy things with it 😎

No tax on the holding?

No mate

[musik]

The last idea our government had is weird. But let me first explain the background.

Our pension system here had a quite long history, many decades it was built in the same way.

However, some years ago someone came up with an idea to let the people themselves invest some of the supposed pension money they've earnt by working primarily, called the premium pension part.

So we did.

Now last week they say they will implement a Huge wealth tax on those investments the people have made within the pension system. On the holding.
They say it can't be right some people have invested with a better outcome than others in the pension system.
What did they expect?
Everyone would stick to the existing option "Do nothing, the State decides"?

🤯

[zerps]

Oct 12, 2021 13:08:15 GMT musik said:

The last idea our government had is weird. But let me first explain the background.

Our pension system here had a quite long history, many decades it was built in the same way.

However, some years ago someone came up with an idea to let the people themselves invest some of the supposed pension money they've earnt by working primarily, called the premium pension part.

So we did.

Now last week they say they will implement a Huge wealth tax on those investments the people have made within the pension system. On the holding.
They say it can't be right some people have invested with a better outcome than others in the pension system.
What did they expect?
Everyone would stick to the existing option "Do nothing, the State decides"?

🤯

Stick it all in crypto they’ll struggle to find it

Allegedly

[zerps]

Ponzi

[mtrstudent]

Oct 12, 2021 13:08:15 GMT musik said:

The last idea our government had is weird. But let me first explain the background.

Our pension system here had a quite long history, many decades it was built in the same way.

However, some years ago someone came up with an idea to let the people themselves invest some of the supposed pension money they've earnt by working primarily, called the premium pension part.

So we did.

Now last week they say they will implement a Huge wealth tax on those investments the people have made within the pension system. On the holding.
They say it can't be right some people have invested with a better outcome than others in the pension system.
What did they expect?
Everyone would stick to the existing option "Do nothing, the State decides"?

🤯

Was it the same parties that came up with the system in the first place?

Would sound madder if so.

[musik]

Oct 13, 2021 16:09:22 GMT mtrstudent said:

Oct 12, 2021 13:08:15 GMT musik said:

The last idea our government had is weird. But let me first explain the background.

Our pension system here had a quite long history, many decades it was built in the same way.

However, some years ago someone came up with an idea to let the people themselves invest some of the supposed pension money they've earnt by working primarily, called the premium pension part.

So we did.

Now last week they say they will implement a Huge wealth tax on those investments the people have made within the pension system. On the holding.
They say it can't be right some people have invested with a better outcome than others in the pension system.
What did they expect?
Everyone would stick to the existing option "Do nothing, the State decides"?

🤯

Was it the same parties that came up with the system in the first place?

Would sound madder if so.

Yepp, it was.