[ANN][SLG] Sterlingcoin v1.6.1.1 | United Kindom | Cryptopia - page 251.

JOwenz

member

Activity: 95

Merit: 10

Quote from: Skydog on September 06, 2014, 01:46:22 AM

Quote

Sterlingcoin brings about the change needed for the UK & British Isles.
No Banks & No VAT

With statements like that you just successfully banned yourself from ever being adopted by real life merchants ever. Merchants can already escape the VAT via cash yet most don't do this - why? Because the risk of dong so is in no relation to the reward of doing so. No merchant in their right mind would ever accept a coin whose customer would annoy him with the request of "selling them the stuff under the table" especially if accepting the coin would basically guarantee him he instant attention of the tax authorities.

m8 every generation is getting smarter, think about how your parents did things compared to us, also if you look at the US elections Ron Paul was the most popular with the younger generation who can see things most of us couldn't. Skydog I take it you over 30 , maybe I am wrong, but the future everything is going virtual and people want more control of there own finances.

Sterlingcoin

legendary

Activity: 1512

Merit: 1000

Quote from: bitcoin77 on September 06, 2014, 07:46:51 AM

Bitcoin and alt coins are going to destroy VAT and all other evil acts of taxation. Bitcoin is a revolution against bankers and governments. To all the sheep that think it is just money and we should pay our taxes - you are - just sheep.
And please dont give me the story about how roads get built without tax - better, faster and cheaper is the answer.

Words of a true revolutionary.

bitcoin77

newbie

Activity: 20

Merit: 0

Bitcoin and alt coins are going to destroy VAT and all other evil acts of taxation. Bitcoin is a revolution against bankers and governments. To all the sheep that think it is just money and we should pay our taxes - you are - just sheep.
And please dont give me the story about how roads get built without tax - better, faster and cheaper is the answer.

Sterlingcoin

legendary

Activity: 1512

Merit: 1000

Quote

With statements like that you just successfully banned yourself from ever being adopted by real life merchants ever. Merchants can already escape the VAT via cash yet most don't do this - why? Because the risk of dong so is in no relation to the reward of doing so. No merchant in their right mind would ever accept a coin whose customer would annoy him with the request of "selling them the stuff under the table" especially if accepting the coin would basically guarantee him he instant attention of the tax authorities.

VAT cannot be avoided by taking cash unless you are implying that merchants can avoid tax completely by not declaring the transaction (this is illegal).

All transactions that a business processes must be declared to the relevant tax authority for their country otherwise the business owner may face jail/prison time (FIAT or Crypto).

Merchants have been getting harassed by customers since the FIAT system was born. Customers ask for discounts and expect better treatment if they are paying in cash and not debit/credit/cheques.

Most of our merchants however will carry over the saving to the customer giving them an incentive to purchase goods in Sterlingcoin and Bitcoin i.e. 10% off all items.

Sellman

full member

Activity: 406

Merit: 112

Quote from: Skydog on September 06, 2014, 01:46:22 AM

Quote

Sterlingcoin brings about the change needed for the UK & British Isles.
No Banks & No VAT

With statements like that you just successfully banned yourself from ever being adopted by real life merchants ever. Merchants can already escape the VAT via cash yet most don't do this - why? Because the risk of dong so is in no relation to the reward of doing so. No merchant in their right mind would ever accept a coin whose customer would annoy him with the request of "selling them the stuff under the table" especially if accepting the coin would basically guarantee him he instant attention of the tax authorities.

U from mars?

Yza_azY

sr. member

Activity: 490

Merit: 250

★★★ http://www.btc4buy.com

Quote from: Skydog on September 06, 2014, 01:46:22 AM

Quote

Sterlingcoin brings about the change needed for the UK & British Isles.
No Banks & No VAT

With statements like that you just successfully banned yourself from ever being adopted by real life merchants ever. Merchants can already escape the VAT via cash yet most don't do this - why? Because the risk of dong so is in no relation to the reward of doing so. No merchant in their right mind would ever accept a coin whose customer would annoy him with the request of "selling them the stuff under the table" especially if accepting the coin would basically guarantee him he instant attention of the tax authorities.

HAHAHAHHAHAHAHAH..... Funny...

Skydog

newbie

Activity: 56

Merit: 0

Quote

Sterlingcoin brings about the change needed for the UK & British Isles.
No Banks & No VAT

With statements like that you just successfully banned yourself from ever being adopted by real life merchants ever. Merchants can already escape the VAT via cash yet most don't do this - why? Because the risk of dong so is in no relation to the reward of doing so. No merchant in their right mind would ever accept a coin whose customer would annoy him with the request of "selling them the stuff under the table" especially if accepting the coin would basically guarantee him he instant attention of the tax authorities.

Sterlingcoin

legendary

Activity: 1512

Merit: 1000

Google+ Hangout Saturday 6th September @ 10PM GMT, 5pm EST, 2pm PST

Come and join the Sterlingcoin developers in a Google+ Hangout.
Ask questions, make suggestions and get to see and talk to the team.
Link will be posted 5 minutes before.

Yza_azY

sr. member

Activity: 490

Merit: 250

★★★ http://www.btc4buy.com

nice,

Sterlingcoin

legendary

Activity: 1512

Merit: 1000

Quote from: Sellman on September 04, 2014, 03:47:26 PM

Quote from: Sterlingcoin on September 04, 2014, 03:07:01 PM

We will. Saturday seems to be the best option at around 10/11pm GMT | 5/6pm EST | 2pm/3pm PST

What are peoples thoughts on this day and time?

have u contact bittrex ?

We are already confirmed for Bittrex.

The next time we make contact will be to transfer the wallets to them on the 20th of September at 10pm +0:00 GMT/BST.

Sellman

full member

Activity: 406

Merit: 112

Quote from: Sterlingcoin on September 04, 2014, 03:07:01 PM

We will. Saturday seems to be the best option at around 10/11pm GMT | 5/6pm EST | 2pm/3pm PST

What are peoples thoughts on this day and time?

have u contact bittrex ?

IMJim

legendary

Activity: 1260

Merit: 1000

Works for me

Sterlingcoin

legendary

Activity: 1512

Merit: 1000

We will. Saturday seems to be the best option at around 10/11pm GMT | 5/6pm EST | 2pm/3pm PST

What are peoples thoughts on this day and time?

IMJim

legendary

Activity: 1260

Merit: 1000

Would be cool if you could post the exact times of these hangouts bud, I missed them both as I had no idea they were taking place. Very difficult to keep up with without having notice prior to doing them.

marcoman22

sr. member

Activity: 350

Merit: 250

Quote from: Sterlingcoin on September 02, 2014, 12:13:39 AM

Google+ Hangout has finished now.

We will arrange another soon.

that is a good news waiting for more updates.

Sterlingcoin

legendary

Activity: 1512

Merit: 1000

No.

But the next hangout we will reiterate what was said from the last Google+ Hangouts and we will attempt to get the bitcointalk members and IRC members who were present previously to be present again.

TheGift73

hero member

Activity: 525

Merit: 501