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Showing 18 of 18 results by Kaiser72
Yes I am an introvert (98% of the time).
I moved out of my small Midwest town (population 2900) to Phoenix. It gets old when everyone needs to know everyone else's business, the political correctness BS drives you nuts. I go back every 2 years to visit and nothing changes. It's like going back in time. Try to explain cryptocurrency to them and they look at you like you have 2 heads.
This happens everywhere where people can literally just suck the energy right out of you. Maybe I'm just nutso... lol
I moved out of my small Midwest town (population 2900) to Phoenix. It gets old when everyone needs to know everyone else's business, the political correctness BS drives you nuts. I go back every 2 years to visit and nothing changes. It's like going back in time. Try to explain cryptocurrency to them and they look at you like you have 2 heads.
This happens everywhere where people can literally just suck the energy right out of you. Maybe I'm just nutso... lol
Japan officially removes taxes from purchase and sale of Bitcoin
1:05 PM
bitcoin, cryptocurrencies, currency, japan, medium of exchange, money, taxes
No Comments
On July 1, a new law went into effect which removes all taxation from the buying and selling of Bitcoin in the nation of Japan. And with their already having recognized the cryptocurrency as a viable medium of exchange within their monetary system, the world's third largest economy has moved another step closer to recognizing Bitcoin as a legitimate currency.
Japans tax reform bill which officially eliminated consumption tax on the sale of Bitcoin came into effect on July 1. Bitcoin trading activities are expected to rise in Japan following the activation of the bill.
In a report entitled Japan: Inbound Tax Alert, 2017 Tax Reform Proposals, Deloitte previously revealed that virtual currencies including Bitcoin were set to be exempt from the eight percent consumption tax in Japan.
Deloittes report read:
The supply of virtual currency will be exempt from Japanese Consumption Tax (JCT). Currently, virtual currencies such as Bitcoin do not fall under the category of exempt sales, and as a result, the sale of virtual currencies in Japan have been treated as taxable for JCT purposes. Following the enactment of the amended Fund Settlement Law in May 2016, which newly defined virtual currency as a means of settlement, the sale of virtual currency as defined under the new Fund Settlement Law will be exempt from JCT. This change will apply to sales/purchase transactions performed in Japan on or after 1 July 2017. - Coin Telegraph
http://www.thedailyeconomist.com/2017/07/japanese-officially-removes-taxes-from.html
1:05 PM
bitcoin, cryptocurrencies, currency, japan, medium of exchange, money, taxes
No Comments
On July 1, a new law went into effect which removes all taxation from the buying and selling of Bitcoin in the nation of Japan. And with their already having recognized the cryptocurrency as a viable medium of exchange within their monetary system, the world's third largest economy has moved another step closer to recognizing Bitcoin as a legitimate currency.
Japans tax reform bill which officially eliminated consumption tax on the sale of Bitcoin came into effect on July 1. Bitcoin trading activities are expected to rise in Japan following the activation of the bill.
In a report entitled Japan: Inbound Tax Alert, 2017 Tax Reform Proposals, Deloitte previously revealed that virtual currencies including Bitcoin were set to be exempt from the eight percent consumption tax in Japan.
Deloittes report read:
The supply of virtual currency will be exempt from Japanese Consumption Tax (JCT). Currently, virtual currencies such as Bitcoin do not fall under the category of exempt sales, and as a result, the sale of virtual currencies in Japan have been treated as taxable for JCT purposes. Following the enactment of the amended Fund Settlement Law in May 2016, which newly defined virtual currency as a means of settlement, the sale of virtual currency as defined under the new Fund Settlement Law will be exempt from JCT. This change will apply to sales/purchase transactions performed in Japan on or after 1 July 2017. - Coin Telegraph
http://www.thedailyeconomist.com/2017/07/japanese-officially-removes-taxes-from.html
Debt!!! Public debt to GDP ratio: 243.22%, External debt to GDP ratio: 186.33%. How does a country get out of that???
http://www.usdebtclock.org/world-debt-clock.html
http://www.usdebtclock.org/world-debt-clock.html
I think it will depend on when "NEW" money quits entering the cryptos. The petro-dollar is on it's last leg. Where will people run to? Gold, Silver and Crypto. I like watching https://coinmarketcap.com/ at the very top when you see $100,000,000,000 Market Cap. Money comes in and people take profits. If that dips below $75,000,000,000 I'm out... I think it will be a while, the show is just getting started.
Great article, thank you for sharing. They teach us history so we will not repeat it. However, it seems we are not taught actual history but a distorted history. The victor gets to tell the tale.
I really doubt there is any scientific proof to describe god existence.
Who need proofs about unicorn or flying spaghetti monster?
So true.
That's why its called a religion. That's why there are many religions. That's why there was mythology.
It's just a matter of believing, not proof-concept of existence.
This is perfect!!!
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Bitcoin for 10 years. Had you said 20 years I'd choose gold.
Re: What do you think about terrorism?..I mean, will it ever end?
I am a citizen of the Philippines, specifically in Mindanao group of island. This Maute Group(an alleged ally of ISIS) is terrorizing one of the city here in Mindanao and just started a war against the Philippine Army. Now, If these group will be successful, we would be like Syria. I wanna hear your opinions about these guys. thanks.
It's funny how all this started after President Durte put an end to the illegal gun sales, threatened to close all U.S. military bases, and shut down the central bank. He never requested the U.S. Special Forces, they just showed up. I don't think that is a good thing.
I sincerely wish you well.
There is a newness to the old stuffy norm. There can be many rewards as well as some setbacks. All I know is I am excited to take part in some of these adventures from my mom's basement... 