Tax implications of Bitcoin

6 messages BitcoinTalk Satoshi Nakamoto, mtgox, Babylon, thrashaholic, kiba January 25, 2010 — September 23, 2010
Satoshi Nakamoto January 25, 2010 Source · Permalink

Bitcoin would be convenient for people who don’t have a credit card or don’t want to use the cards they have, either don’t want the spouse to see it on the bill or don’t trust giving their number to “porn guys”, or afraid of recurring billing.

mtgox August 2, 2010 Source · Permalink

I think bitcoin poker will really establish the BTC.

Babylon September 23, 2010 Source · Permalink

Quote from: mtgox on August 02, 2010, 01:23:12 PM

I think bitcoin poker will really establish the BTC.

I disagree. All you can get with bitcoins by playing poker is bitcoins. Gambling is also nowhere near as big a market as porn and it does not really benefit as much from the possibility of micropayments.

I think bitporn would be an excellent idea and if someone starts developing it I hope they will contact me.

thrashaholic September 23, 2010 Source · Permalink

Quote from: Babylon on September 23, 2010, 05:01:59 AM

Quote from: mtgox on August 02, 2010, 01:23:12 PM

I think bitcoin poker will really establish the BTC.

I disagree. All you can get with bitcoins by playing poker is bitcoins. Gambling is also nowhere near as big a market as porn and it does not really benefit as much from the possibility of micropayments.

I think bitporn would be an excellent idea and if someone starts developing it I hope they will contact me.

Why not replace SharingMatrix/MegaUpload/et. al with a (user friendly) bitcoin based file host, and get all the “free” porn sites (like adultbay, for instance) to use it instead. I’d actually pay for the increased bandwidth and concurrent downloads if I didn’t have to risk my personal and CC details and those evil, evil automatic recurring payments.

This way we can use porn (and music blogs) in a roundabout way.

kiba September 23, 2010 Source · Permalink

Quote from: thrashaholic on September 23, 2010, 05:06:50 AM

Quote from: Babylon on September 23, 2010, 05:01:59 AM

Quote from: mtgox on August 02, 2010, 01:23:12 PM

I think bitcoin poker will really establish the BTC.

I disagree. All you can get with bitcoins by playing poker is bitcoins. Gambling is also nowhere near as big a market as porn and it does not really benefit as much from the possibility of micropayments.

I think bitporn would be an excellent idea and if someone starts developing it I hope they will contact me.

Why not replace SharingMatrix/MegaUpload/et. al with a (user friendly) bitcoin based file host, and get all the “free” porn sites (like adultbay, for instance) to use it instead. I’d actually pay for the increased bandwidth and concurrent downloads if I didn’t have to risk my personal and CC details and those evil, evil automatic recurring payments.

This way we can use porn (and music blogs) in a roundabout way.

Yeah, Bitcoin serve as good captcha.

Satoshi Nakamoto September 23, 2010 Source · Permalink

Bitcoin would be convenient for people who don’t have a credit card or don’t want to use the cards they have, either don’t want the spouse to see it on the bill or don’t trust giving their number to “porn guys”, or afraid of recurring billing.