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Topic: How can we help our community using bitcoins? (Read 820 times)

member
Activity: 123
Merit: 10
January 17, 2018, 05:14:55 AM
#59
In using Bitcoin we do not pay taxes.. But for example you are going to invest we do help the community or the merchant to be specific because they took a little charge or extra fee for the transaction but it is in a low price.Bitcoin is like money, and you can help in many ways. for example making a donation is a good thing.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
Do you we can help our community using our bitcoins? How and in what way we can do it? Do we pay taxes for bitcoins?

I think you should donate the bitcoin you have. you can also help our community by teaching them how to get bitcoin at bitcointalk.org site
besides we can also help them by inviting bitcoin invest and trading.
I think that bitcoin cannot be used directly in daily life, all what is to be done that connect your coin base account with bank account and cash out your bitcoin, as paper money is used in today's age so it is necessary to convert bitcoin to paper money first, then you can help the needy people by buying them necessities and providing them proper facilities. In other sense we can help them in introducing the people to bitcoin and making them able to earn by their own and make their living good.
hero member
Activity: 1134
Merit: 515
Do you we can help our community using our bitcoins? How and in what way we can do it? Do we pay taxes for bitcoins?
We can help our community using bitcoins when we are donating a cash by using it. We earn from it so that when we earn we can donate our 30% of income that we get to it. Just like what they said bitcoin doesn't have tax so that you can get your whole salary without a share to the government.
Yes donation is a best way to help the poor people of our society. When we start earning from bitcoin we can donate from our earnings and help the poor and needy people of our society as you have mentioned that there are no taxes on bitcoin and we have the exact amount of salary so it will be very easy to donate some portion of our earning.
member
Activity: 266
Merit: 16
It is very very big help to the community because even a person with disabilties could work here.

But not only the community help it also the economic and country.
legendary
Activity: 1666
Merit: 1001
We can help by spreading the words about bitcoin and asked people to invest in Bitcoin, a lot of people life is saved financially by Bitcoin, you can also held charity event using Bitcoin to help the poor people
when Bitcoin is not yet legalized then you don't need to pay taxes
sr. member
Activity: 616
Merit: 252
Do you we can help our community using our bitcoins? How and in what way we can do it? Do we pay taxes for bitcoins?

If you want to help the community with bitcoin then you can donate in a charity. One of the charity drive that I know is this site https://bithope.org/.
It is a bitcoin crowdfunding community for charity. You can check it and choose where you can donate your coins. You can also share some knowledge about bitcoin because many people are looking for an income and I believe bitcoin is a great way to earn money. In this forum alone, as long as you follow the rules then you can earn good amount of money. It maybe only a little for other people who are earning handsomely but for people who are in need then it would be a big help.

Regarding taxes, it depends on your country if they collect taxes related to your bitcoin earnings. There are already countries who collect taxes with the people's cryptocurrency earnings and if they catch you not paying then you will be penalized. There are other countries however who does not know how to classify bitcoin so there would be no tax charges to it.
hero member
Activity: 644
Merit: 500
Do you we can help our community using our bitcoins? How and in what way we can do it? Do we pay taxes for bitcoins?
We can help our community using bitcoins,we can use our bitcoins and convert it to money. So if it has been converted in money we can give it to the charities or give it to the NGU as our donation to help other people.
You have mentioned a very admirable method to help the deprived people of our community I would like to add that we can help our society by building a school for the poor children and give them the best education so in the future they will be able to stand on their own feet and will earn a good income, so in this way the poverty will be reduce.
full member
Activity: 294
Merit: 101
One of the biggest problem in our community is unemployment. A lot of people do illegal things just to earn easy money. Now that I discovered bitcoin and learn how to use it, I can say that bitcoin will be a big help to our community. Everyone has access to the internet making it more easy. The idea is share bitcoin and educate them on how to use this properly. In that way everyone will be able to have a job and make their day productive. People will earn money tax free helping them save money for the future.
That's right, many people do some illegal things just to earn easy money, they do not think about the consequences that will occur in the future
newbie
Activity: 21
Merit: 0
If your community is about a lot of poor people i would recommend to just do buy some laptops for them and a WiFi connection and let them make a couple of bitcoins for themselves this way you will help them and they can even repay you after a while.
full member
Activity: 243
Merit: 101
Paying taxes is the most obvious way. You can pay taxes regardless where you are because nothing is really stopping you from declaring it along with your earnings. Just declare the value in your own currency.

Other than that, maybe donate? You might need to convert to fiat, but that should not matter if you really want to help out.
Other than what you mentioned there is still a way for us to help community using bitcoin. Technically when one buys goods and services using the fiat obtained by converting bitcoins, he/she helps the community using btc because there is a tax in everything the citizens buy. That way we can help our community using bitcoin while helping ourselves because the money we used came from btc and it is considered helping community using it.
I think we can teach them about bitcoin with proper way I mean if someone have a knowledge about bitcoin so he need to tech other people about bitcoin and make hem able to stand by their on legs because it will help the society and crime can be end because bitcoin is providing a good source of income so if they people start earning money society will be develop.
Teaching bitcoin will bring fruitful result and if teaching get started more people will rush toward this to learn about bitcoin and the main thing that provide bitcoin to the community is more room to the development and progress and the main thing unemployment will be reduced and people can earn a lot of money while sitting at home and bitcoin promises all these thing and it will deliver these to community.
full member
Activity: 280
Merit: 100
The Operating System for DAOs
Using bitcoins to purchase material staff is useless and not efficient due to the high fees. We can help the community by pushing the developers to upgrade bitcoin lightening network
legendary
Activity: 1512
Merit: 1041
Nowadays, bitcoin is not really enough help. People needs to be properly educated, not necessarily in school but on what's important. You can start by software coding to engineering, business, economics, medicine and agriculture. Governance will naturally grow within a community when we have this kind of people.
Yes educating people in every matter is necessary because without education and proper knowledge success is not possible, in my opinion by getting into bitcoin we can help our society a lot, We will get rid of unemployment to some extent, will be able to secure our future, make the standard of living better.

By getting high output people will be encouraged to work hard and earn even more so to inspire more people and make them to get same
Yes, education is the basic need of every person without education a person will be not successful in life.

We can help our society by educating them and teach them all the knowledge about bitcoins so they should earn through it which will be very beneficial for the economy of a society. Furthermore many unemployed people will earn through it and will live a happy and standard life.
full member
Activity: 210
Merit: 108
We can help the community if we will teach bitcoin to those who wants to earn additional income so they can have the opportunity to become financially stable if people will earn enough they can make their lives even better. With regards to taxes so far government does not imposed any taxes in our earnings it is because they don't have any regulations about bitcoin
full member
Activity: 840
Merit: 106
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Do you we can help our community using our bitcoins? How and in what way we can do it? Do we pay taxes for bitcoins?

I think you should donate the bitcoin you have. you can also help our community by teaching them how to get bitcoin at bitcointalk.org site
besides we can also help them by inviting bitcoin invest and trading.
4U
member
Activity: 195
Merit: 10
Paying taxes is the most obvious way. You can pay taxes regardless where you are because nothing is really stopping you from declaring it along with your earnings. Just declare the value in your own currency.

Other than that, maybe donate? You might need to convert to fiat, but that should not matter if you really want to help out.
Other than what you mentioned there is still a way for us to help community using bitcoin. Technically when one buys goods and services using the fiat obtained by converting bitcoins, he/she helps the community using btc because there is a tax in everything the citizens buy. That way we can help our community using bitcoin while helping ourselves because the money we used came from btc and it is considered helping community using it.
I think we can teach them about bitcoin with proper way I mean if someone have a knowledge about bitcoin so he need to tech other people about bitcoin and make hem able to stand by their on legs because it will help the society and crime can be end because bitcoin is providing a good source of income so if they people start earning money society will be develop.
full member
Activity: 252
Merit: 105
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It's really easy, just share our knowledge about Bitcoin to everyone and let them know that Bitcoin is not a scam as they're still thinking and they can easily earn money with Bitcoin Smiley). I think it's the easiest way to do this case.
sr. member
Activity: 322
Merit: 250
IMO we only can help community use Bitcoin by sharing our knowledge about Bitcoin to other people, let them know about Bitcoin, advantage of Bitcoin and the profit they can get from Bitcoin Smiley). But it's not easy cause a lot of people still have bad thinking about Bitcoin and they're really persistent so it's really hard to change their mind to make them believe in Bitcoin and use it. If we want to help I think we should be patient cause it'll take very long time to change the community.
sr. member
Activity: 966
Merit: 275
Do you we can help our community using our bitcoins? How and in what way we can do it?

If you are knowledgeable everything about Bitcoin then starts helping and/or share your knowledge with others. But be prepared to answer questions they will throw at you.

Quote
Do we pay taxes for bitcoins?

No, we don't. There are countries who wanted to regulate it, I don't want to name such countries.

You may be interested reading the following, especially the reader's comment...

https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/

https://www.crypto-news.net/bitcoin-legality-countries/
sr. member
Activity: 363
Merit: 250
no in bitcoin we dont need to pay some taxes not like in personal we always pay, but here in bitcoin its free and the way we can help our country is when someone need some help we can easily give them what they need.
legendary
Activity: 1932
Merit: 1273
the best thing to do is participating in mining bitcoin and running bitcoin node 24/7, you also could help the community by spread the bitcoin to anyone who didn't know bitcoin yet. especially if your country is a lack of understanding the cryptocurrency you should educate them how useful cryptocurrency is.
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