Re: [ANN][XEL] Elastic Project - The Decentralized Supercomputer
Don't rush your tongue. @Evil-Knievel had to sign those transactions so I think once he show up here he will give us more info. What make me curious is what @Lannister told to @Evil-Knievel that he signed all those transactions with his key. Perhaps just moving BTC to another address I hope. Would be awesome if there will be some BTC if some other developer want to join in few months.
They were indeed moved elsewhere!
I just want to point out what most people forget: No matter who holds, receives or earns BTC ... in all cases taxes have to be paid. That means income taxes, VAT, and some other minor crap which means that half of the BTC are essentially gone by the beginning of the next year. Holding BTC imho is very risky business. The taxes are calculated based on the value the coins had at the time they were received. If the value of BTC drops by 50% it essentially means you're broke, because (as I said) the taxes will be calculated from the original value (before the drop) and you have to suddenly sell all of your BTC (or if you're unlucky even more) to cover the tax debts.
