Is this a bicycle? ...or a car? | Bitcointalksearch.org

Don007

legendary

Activity: 1050

Merit: 1007

Live like there is no tomorrow!

I'm still lauching about this picture. I've had a great experience with these vehicles over at Rome.

Me and some friends were there for a holiday and we've met a guy who provided tourist tours with these vehicles throughout the city. After closing time, he invited us for a (free Cheesy

) private tour. The tour ends up to be like a "pub-crawl" (i'm not sure whether that's the right word for it, I had to translate it. But with such tour, you visit a couple of pubs after each other). After about 3 hours and many Italian beers, we were on our way back and I crashed with that Segway because its wheel was stuck between two paving stones.

I was glad I only had a bruised arm, but we had a great time Cheesy

BitCoinsLOL

full member

Activity: 214

Merit: 100

Quote from: TKeenan on April 02, 2014, 01:26:47 AM

It has two wheels, it must be a bicycle - right? It has motor driven wheels, it must be a car?

Why have such a stupid argument? It is not a fucking bicycle nor a car. It is something new. Not a bicycle; not a car.

Why is the IRS trying to decide whether bitcoin is 'property' or 'currency'. It is not either. It is something new. It has new attributes never seen before. It needs new rules. Rules for property are totally inappropriate for bitcoin. Rules for currency are inappropriate too.

Cryptocurrency is a new thing - stop trying to decide whether it is a bicycle or a car. Let's start making new rules appropriate for this new thing.

It's for lazy people Grin

mangoyin

newbie

Activity: 10

Merit: 0

I’m here to practice english,lol..
Grin

zolace

sr. member

Activity: 364

Merit: 250

Good point!You explained perfectly what bitcoin really is and why IRS can\t tax it yet!

Joshuar

hero member

Activity: 504

Merit: 500

eidoo wallet

Quote from: TKeenan on April 02, 2014, 01:26:47 AM

It has two wheels, it must be a bicycle - right? It has motor driven wheels, it must be a car?

Why have such a stupid argument? It is not a fucking bicycle nor a car. It is something new. Not a bicycle; not a car.

Why is the IRS trying to decide whether bitcoin is 'property' or 'currency'. It is not either. It is something new. It has new attributes never seen before. It needs new rules. Rules for property are totally inappropriate for bitcoin. Rules for currency are inappropriate too.

Cryptocurrency is a new thing - stop trying to decide whether it is a bicycle or a car. Let's start making new rules appropriate for this new thing.

That's pretty true. But if you think further, it's a transportation vehicle regardless... and bitcoin is a currency..regardless..

b!z

legendary

Activity: 1582

Merit: 1010

It's a segway Wink

Bitram

newbie

Activity: 28

Merit: 0

Regulations always were behind reality. Nothing new.

RawDog

legendary

Activity: 1596

Merit: 1026

Quote from: greyhawk on April 02, 2014, 05:21:41 AM

Wow, they actually managed to make it look even worse? That's an accomplishment right there.

Another fascinating accomplishment of the Segway is that the CEO of the company managed to kill himself on one. True fact.

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: LostDutchman on April 02, 2014, 01:52:53 AM

Oh, Jesus Christ!

It's a Segway and the image is old.

Updates, anyone?

http://www.segway.com/

My $.02.

Wink

Wow, they actually managed to make it look even worse? That's an accomplishment right there.

BitOnyx

member

Activity: 112

Merit: 10

Cryptocurrencies Exchange

I guess it depends on speed it can reach. Also it is only important from law point of view.

Acidyo

hero member

Activity: 588

Merit: 500

Will Bitcoin Rise Again to $60,000?

Most random question of the day award goes to...

LostDutchman

sr. member

Activity: 476

Merit: 250

Quote from: Bit_Happy on April 02, 2014, 01:58:35 AM

A joke is something spoken, written, or done with humorous intention. Jokes may have many different forms

Yeah and accidental double taps do odd things on this forum.

My $.02.

Wink

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

A joke is something spoken, written, or done with humorous intention. Jokes may have many different forms

LostDutchman

sr. member

Activity: 476

Merit: 250

Quote from: Bit_Happy on April 02, 2014, 01:50:14 AM

Quote from: TKeenan on April 02, 2014, 01:26:47 AM

It has two wheels, it must be a bicycle - right? It has motor driven wheels, it must be a car?
...

Motor driven (bi)cycle?
I think Moped (mo-ped) is the word you are looking for. Cheesy

Oh, Jesus Christ!

It's a Segway and the image is old.

You live under a rock or what?

Updates, anyone?

http://www.segway.com/

My $.02.

Wink

LostDutchman

sr. member

Activity: 476

Merit: 250

Quote from: Bit_Happy on April 02, 2014, 01:50:14 AM

Quote from: TKeenan on April 02, 2014, 01:26:47 AM

It has two wheels, it must be a bicycle - right? It has motor driven wheels, it must be a car?
...

Motor driven (bi)cycle?
I think Moped (mo-ped) is the word you are looking for. Cheesy

Oh, Jesus Christ!

It's a Segway and the image is old.

Updates, anyone?

http://www.segway.com/

My $.02.

Wink

RawDog

legendary

Activity: 1596

Merit: 1026

Quote from: Bit_Happy on April 02, 2014, 01:50:14 AM

Motor driven (bi)cycle?
I think Moped (mo-ped) is the word you are looking for. Cheesy

Yeah, this is a mo-ped! Do you work for the IRS? wtf?

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: TKeenan on April 02, 2014, 01:26:47 AM

It has two wheels, it must be a bicycle - right? It has motor driven wheels, it must be a car?
...

Motor driven (bi)cycle?
I think Moped (mo-ped) is the word you are looking for. Cheesy

EDIT: I was joking....duh.

CurbsideProphet

hero member

Activity: 672

Merit: 500

Quote

It has two wheels, it must be a bicycle - right? It has motor driven wheels, it must be a car?

There's a lot of things that have those characteristics and are not a bicycle or a car. A motorcycle or scooter, for example. While I don't agree with how the IRS is treating Bitcoin, I don't understand the analogy. For the purposes of operation, a motorcycle and a car are very similar (requires a license, insurance, obey laws, etc.). You don't need to rewrite the rules every time something different comes out. The problem is the IRS is trying to play both sides of the fence.

jc01480

hero member

Activity: 854

Merit: 500

Nope..

I think for now the states in the US will use existing definitions of things with monetary value until further resolution at the national level (hence weird money laundering allegations). Technology moves exponentially faster than law.

TKeenan

hero member

Activity: 874

Merit: 1000

It has two wheels, it must be a bicycle - right? It has motor driven wheels, it must be a car?

Why have such a stupid argument? It is not a fucking bicycle nor a car. It is something new. Not a bicycle; not a car.

Why is the IRS trying to decide whether bitcoin is 'property' or 'currency'. It is not either. It is something new. It has new attributes never seen before. It needs new rules. Rules for property are totally inappropriate for bitcoin. Rules for currency are inappropriate too.

Cryptocurrency is a new thing - stop trying to decide whether it is a bicycle or a car. Let's start making new rules appropriate for this new thing.

Topic: Is this a bicycle? ...or a car? (Read 1421 times)