just a quick question/maybe suggestion.
for those that don't mine, but going off the suggestion of hitting up gamers and saying you can buy gpus at a discounted price. would it maybe be beneficial for the store to sell gpuc for cash?
mark it up a little higher than what the going rate is for exchanges, then this way, less needs dumped back into the exchanges and people can quickly buy a card using the gpu coin.
think of it like how xbox does their points, you're paying the value but with their own currency.
thoughts, comments, quibbles, queries?
the only downside i see to this is they would have to cover the fees for the method of payment. credit card processors charge a fee and even something like paypal would.
I think it depends on how they set up their company. I think if they trade for gpucoins and then sell the gpucoins on the exchange for bitcoins and then for money. I don't think that they need to pay tax on that since coins are considered a commodity and they are trading it, or something like that. If they start selling for dollars etc then they have to file their income and pay taxes, since they are making money on their GPUs
Correct me if im wrong.