Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
kurious
on 01/06/2017, 04:11:39 UTC
you specifically cannot sue them for unjust enrichment. Why would that be in there? Any ideas?

So that they can unjustly enrich themselves at your expense without an excessive fear of civil penalties.  I am frankly surprised that I haven't heard of any actual scammer deaths by mob vigilantism, in crypto, lo these many years.  Wassup with that?  

I think it is pretty annoying that they would imply one thing but rely upon its opposite, yeah, but as long as it is fit for purpose I will use it as necessary.

However, it isn't actually necessary.  Elsewhere it was drawn to my attention that bitfinex xmrusd is actually doing a good tick these days, so I can just remove my market making operations to my u.k. company and be decoupled from btc entirely.  That's a far better solution, AFAICT.  

BTW, you've gotta love those U.K. LLPs.  Non-tax pass-thru for foreign earned income!  Mine is owned by a self-directed Roth.  Every penny earned is lawfully owned free and clear without tax liability by my Roth.  And U.K. means access to retail fx 100:1, and CFDs.



Is that only if the beneficiary is non-dom?   Does it apply similarly if you are UK based (residency-wise)? I just assumed CGT applied no matter what.