Tax implications of Bitcoin

10 messages BitcoinTalk Satoshi Nakamoto, Unknown, mtgox, Babylon, thrashaholic, kiba, em3rgentOrdr, S3052 January 25, 2010 — September 23, 2010
Satoshi Nakamoto January 25, 2010 18:27 UTC Source ·

Bitcoin would be convenient for people who don’t have a credit card or don’t want to use the cards they have, either don’t want the spouse to see it on the bill or don’t trust giving their number to “porn guys”, or afraid of recurring billing.

Unknown August 2, 2010 13:12 UTC Source ·

asdf

mtgox August 2, 2010 13:23 UTC Source ·

I think bitcoin poker will really establish the BTC.

Babylon September 23, 2010 05:01 UTC Source ·
Quote from: mtgox on August 02, 2010, 4:23:12 AM UTC

I think bitcoin poker will really establish the BTC.

I disagree. All you can get with bitcoins by playing poker is bitcoins. Gambling is also nowhere near as big a market as porn and it does not really benefit as much from the possibility of micropayments.

I think bitporn would be an excellent idea and if someone starts developing it I hope they will contact me.

thrashaholic September 23, 2010 05:06 UTC Source ·
Quote from: Babylon on September 22, 2010, 8:01:59 PM UTC
Quote from: mtgox on August 02, 2010, 4:23:12 AM UTC

I think bitcoin poker will really establish the BTC.

I disagree. All you can get with bitcoins by playing poker is bitcoins. Gambling is also nowhere near as big a market as porn and it does not really benefit as much from the possibility of micropayments.

I think bitporn would be an excellent idea and if someone starts developing it I hope they will contact me.

Why not replace SharingMatrix/MegaUpload/et. al with a (user friendly) bitcoin based file host, and get all the “free” porn sites (like adultbay, for instance) to use it instead. I’d actually pay for the increased bandwidth and concurrent downloads if I didn’t have to risk my personal and CC details and those evil, evil automatic recurring payments.

This way we can use porn (and music blogs) in a roundabout way.

kiba September 23, 2010 15:55 UTC Source ·
Quote from: thrashaholic on September 22, 2010, 8:06:50 PM UTC
Quote from: Babylon on September 22, 2010, 8:01:59 PM UTC
Quote from: mtgox on August 02, 2010, 1:23:12 PM UTC

I think bitcoin poker will really establish the BTC.

I disagree. All you can get with bitcoins by playing poker is bitcoins. Gambling is also nowhere near as big a market as porn and it does not really benefit as much from the possibility of micropayments.

I think bitporn would be an excellent idea and if someone starts developing it I hope they will contact me.

Why not replace SharingMatrix/MegaUpload/et. al with a (user friendly) bitcoin based file host, and get all the “free” porn sites (like adultbay, for instance) to use it instead. I’d actually pay for the increased bandwidth and concurrent downloads if I didn’t have to risk my personal and CC details and those evil, evil automatic recurring payments.

This way we can use porn (and music blogs) in a roundabout way.

Yeah, Bitcoin serve as good captcha.

Satoshi Nakamoto September 23, 2010 17:56 UTC Source ·

Bitcoin would be convenient for people who don’t have a credit card or don’t want to use the cards they have, either don’t want the spouse to see it on the bill or don’t trust giving their number to “porn guys”, or afraid of recurring billing.

em3rgentOrdr September 23, 2010 19:15 UTC Source ·
Quote from: satoshi on September 23, 2010, 5:56:55 PM UTC

Bitcoin would be convenient for people who don’t have a credit card…

Hmm…teenagers maybe 😉

kiba September 23, 2010 20:17 UTC Source ·
Quote from: em3rgentOrdr on September 23, 2010, 7:15:02 PM UTC
Quote from: satoshi on September 23, 2010, 5:56:55 PM UTC

Bitcoin would be convenient for people who don’t have a credit card…

Hmm…teenagers maybe

Through online gaming, they discovered bitcoin. Then they learn bitcoin can be used to purchase physical goods and real life services, thus beginning their career in the bitcoin economy.

S3052 September 23, 2010 20:35 UTC Source ·

Building on the online gaming idea:

Who knows folks in this industry? I have recently played “penguin fly game” which is very addictive, but to really get to the highest level you have to buy some additional help toys.. if i could have bought some with bitcoins, I’d still be playing.

Maybe someone who is connected and knowledgable can contact some folks in this industry to allow bitcoin payments?