Post
Topic
Board Announcements (Altcoins)
Merits 2 from 1 user
Re: [ANN] ION [ION] | POS 3.0 | Mobile Gaming | Join the ionomy today!
by
o0o0
on 22/08/2017, 22:08:45 UTC
⭐ Merited by suchmoon (2)
No actually btc is not money in the eyes of the US government.. They specifically state that its considered a property and taxed as such.

There is no such thing as US government definition of Bitcoin. The IRS treats it as property FOR TAX PURPOSES. The SEC has already stated that ICOs (regardless if funded with BTC, ETH, or other methods) need to comply with SECURITIES regulations. Both can be true at the same time. Plus there are money laundering regulations, state laws, etc, that may treat Bitcoin and other crypto currencies as a payment methods and/or money in certain contexts. ALL of the above can be true at the same time.

BTW securities laws apply to crowdfunding as well with some exceptions allowing simplified funding process, and no, calling it "crowdfunding" is not enough to be exempt. Among other things, the crowdfunding platform needs to be registered with the SEC, non-US companies can't solicit crowdfunding in the US, and so on.

My thoughts are you don't have a clue about what your talking about and are just trolling.

The fact that you don't know how the US government class BTC speaks volumes so stop trolling and file a tax return you naughty boy Smiley

The fact that you don't know how the US government works speaks volumes but please continue trolling, it's immensely entertaining.

Never positioned myself as an expert in US tax law

Gotta say I do like your style. A cross between Cersei Lannister and Arya Stark with her many faces Smiley

In the real world your not by chance a management consultant on all things BlockChain 

You do realize that you are quoted above attacking another poster for allegedly not knowing something or other about the US government? Fuck all to do with "tax law", just another display of your utter ignorance.

"Management consultant" LOL... wasn't I supposed to be a dentist or something. But I guess you'll claim again that you never "positioned yourself as an expert", just talking out of your ass as usual Smiley

Why don't you stick to shilling ION. You have already memorized your lines and you don't need need any facts or logic to do it. When you stray off message you get all flustered.

i caught onto that one too suchmoon. korvas just basically defends against anything said. we can never be partially right or sometimes right only never right. because if we are it breaks the ionomy faith model.

rick james chimes in on it like an authority. truth is ion team is winging things like changing ico to crowdfund after googling law info themselves.

the big picture here is this whole business costs money crap by korvas. the truth is ion core group have paid themselves all the btc money delivered bugger all and now need their next 2 years paycheck so are going again. will they accept ion for dark matter? bet its ether or btc. will they give themselves a dark matter premine? most likely.

honestly they hoped after gravity devs would be lining up so they'd get a constant pay stream. it failed. korvas wont just attempt to even question if they have spent the money smartly or on things other than themselves.

wildshark? he's just an incoherent fool that doesnt even do responses to asked questions that make sense. huey laughs at him behind his back but tolerates him due to his foolish money spends for whale status