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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31558. (Read 26732153 times)

sr. member
Activity: 434
Merit: 250

"I can guarantee that hard-core libertarians are going to be disappointed with the first zones"

Well, at least a step in the right direction. Competitive governments is the way to go.

I still think we should arm up and take Somalia. That would shut up those "Why don't you move to Somalia" people.

talked to an anarchist who used somalia as an example, but he admitted that he doesn't want to live there.. wtf? he told me about the "everyone should have their own arms rule," and that by doing that, people have less reason to behave badly.. wtf?
legendary
Activity: 2688
Merit: 2399
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

"I can guarantee that hard-core libertarians are going to be disappointed with the first zones"

Well, at least a step in the right direction. Competitive governments is the way to go.

I still think we should arm up and take Somalia. That would shut up those "Why don't you move to Somalia" people.
legendary
Activity: 2688
Merit: 2399
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
The problem with that is that if taxes are voluntary then their purpose is pretty much void. I've always been of the idea that there should be countries for every taste. Countries that follow a more libertarian or even comunistic way of government and people should decide where they go to live. The problem is that the world power structures are very intolerant to variety.

Yep, they're not voluntary. I'm just saying that that means "Well, I'm happy to pay them" is not a very good yardstick to measure with.

The rest of your paragraph I can't find much fault in. There's room within the libertarian philosophy for communistic or socialistic communities as long as membership is voluntary.
member
Activity: 112
Merit: 10

Well Ayn Rand's work, which is the basis for the philosophy of many libertarians I know, is also highly fictional...

If they're basing their philosophy on the story, they're doing it wrong.

If the story inspires them to consider the philosophy or they consider it illustrative of the philosophy, that's more like it.

By the way, it's nice that you are happy to pay your taxes if the government spends it well. However, you might want to consider that other people may have different opinions on that or, indeed, what constitutes "spending it well" and taxes are not voluntary.

The problem with that is that if taxes are voluntary then their purpose is pretty much void. I've always been of the idea that there should be countries for every taste. Countries that follow a more libertarian or even comunistic way of government and people should decide where they go to live. The problem is that the world power structures are very intolerant to variety.
legendary
Activity: 1552
Merit: 1047
We should use some of our new-found wealth to fund a bitcoin country, something like what seasteading institute is doing. We shouldn't have to waste money on taxes when it can be used for so much good instead.
We may soon be able to found a semi-autonomous city in Honduras.
Thanks, I remember watching that video and it sounded really exciting. Will definitely have to keep an eye on this.

"I can guarantee that hard-core libertarians are going to be disappointed with the first zones"

Well, at least a step in the right direction. Competitive governments is the way to go.
member
Activity: 112
Merit: 10
I have no problem paying for taxes if the government uses them well. Frankly the libertarian utopia doesn't convince me, Bioshock is a testament to that Tongue. But you should try it to see if it works although I wouldn't hold my breath.

Libertarians do not believe in zero government, that is liberal scare tactics. What libertarians do believe in is limited government covering essential common good services (roads, courts, education (not union education), etc), which today comprises a fraction of the bloated US government.

Depends on the libertarian you talk to I guess... some of them are quite extreme. But I agree the government needs to be more controlling in some places and less in others. Although there's a main flaw in libertarian theory and that is that once a corporation gets big enough it starts controlling economic policy much like a government or central authority so we end up with the same problem.
legendary
Activity: 2688
Merit: 2399
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Well Ayn Rand's work, which is the basis for the philosophy of many libertarians I know, is also highly fictional...

If they're basing their philosophy on the story, they're doing it wrong.

If the story inspires them to consider the philosophy or they consider it illustrative of the philosophy, that's more like it.

By the way, it's nice that you are happy to pay your taxes if the government spends it well. However, you might want to consider that other people may have different opinions on that or, indeed, what constitutes "spending it well" and taxes are not voluntary.
member
Activity: 112
Merit: 10
I have no problem paying for taxes if the government uses them well. Frankly the libertarian utopia doesn't convince me, Bioshock is a testament to that Tongue. But you should try it to see if it works although I wouldn't hold my breath.

Yes. Fictional works are always a good basis for real-life decisions.

Well Ayn Rand's work, which is the basis for the philosophy of many libertarians I know, is also highly fictional...

No longer fiction. Look at what's happening in Venezuela.

I don't see what is happening in Venezuela as confirmation of Rand's fantasies... Venezuela is just one case but look at Ecuador the state intervention in the economy actually improved the situation considerably for ecuatorians while the opposite happened in Spain... every country is different.
legendary
Activity: 1153
Merit: 1000
I have no problem paying for taxes if the government uses them well. Frankly the libertarian utopia doesn't convince me, Bioshock is a testament to that Tongue. But you should try it to see if it works although I wouldn't hold my breath.

Libertarians do not believe in zero government, that is liberal scare tactics. What libertarians do believe in is limited government covering essential common good services (roads, courts, education (not union education), etc), which today comprises a fraction of the bloated US government.
legendary
Activity: 4284
Merit: 5215
You're never too old to think young.
I think that was yesterday's chart.

Oops. I did a refresh and saw Dec4 on the Kitco chart.

Should have double checked. My bad.
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
I have no problem paying for taxes if the government uses them well. Frankly the libertarian utopia doesn't convince me, Bioshock is a testament to that Tongue. But you should try it to see if it works although I wouldn't hold my breath.

Yes. Fictional works are always a good basis for real-life decisions.

Well Ayn Rand's work, which is the basis for the philosophy of many libertarians I know, is also highly fictional...

No longer fiction. Look at what's happening in Venezuela. Life imitates art.
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
We should use some of our new-found wealth to fund a bitcoin country, something like what seasteading institute is doing. We shouldn't have to waste money on taxes when it can be used for so much good instead.
We may soon be able to found a semi-autonomous city in Honduras.

member
Activity: 112
Merit: 10
I have no problem paying for taxes if the government uses them well. Frankly the libertarian utopia doesn't convince me, Bioshock is a testament to that Tongue. But you should try it to see if it works although I wouldn't hold my breath.

Yes. Fictional works are always a good basis for real-life decisions.

Well Ayn Rand's work, which is the basis for the philosophy of many libertarians I know, is also highly fictional...
legendary
Activity: 2688
Merit: 2399
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
I have no problem paying for taxes if the government uses them well. Frankly the libertarian utopia doesn't convince me, Bioshock is a testament to that Tongue. But you should try it to see if it works although I wouldn't hold my breath.

Yes. Fictional works are always a good basis for real-life decisions.
member
Activity: 112
Merit: 10
I have no problem paying for taxes if the government uses them well. Frankly the libertarian utopia doesn't convince me, Bioshock is a testament to that Tongue. But you should try it to see if it works although I wouldn't hold my breath.
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
Capital Gains.

god damn it, i should of never sold anything  Angry

i need to learn how to hide my Capital Gains, should i dump it in BTC?  Cheesy

Dude, we have a $750k capital gains personal exemption here in Canada....use it.  

I'm going to move to New Zealand (from Australia) for a year when I sell mine. Fuck giving 45% of my BTC to the government.

If anyone wants to throw out a good tax strategy for an American, I'm all ears.  I'm dreading having to pay on my BTC profits.  



Long term capital gains.   Keep your bitcoins for a year, and they qualify.   Rates are far better than regular income tax, and are based on your tax bracket.   If you manage to keep your regular income low enough, there is even a 0% rate.   Most likely you will be paying 15%, unless you do quite well with your regular income . . .

also, if you don't have income or any other money coming in, you won't be taxed (after it turns long-term.. as in 1 year) on up to $35k if you're single, and $70k if you're married. i posted a link for this under the legal subforum.

I'm going to have to hunt that thread down.  I'm self-employed, so I can legally manipulate the amount of income I personally receive every year.  Might need to pay myself nothing in a year if there comes a time when I need to cash out. Although this only applies to the first $70k in capital gains? (I'm married.)
legendary
Activity: 2688
Merit: 2399
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
sr. member
Activity: 444
Merit: 250
We should use some of our new-found wealth to fund a bitcoin country, something like what seasteading institute is doing. We shouldn't have to waste money on taxes when it can be used for so much good instead.
We may soon be able to found a semi-autonomous city in Honduras.
legendary
Activity: 2338
Merit: 2106
Capital Gains.

god damn it, i should of never sold anything  Angry

i need to learn how to hide my Capital Gains, should i dump it in BTC?  Cheesy

Dude, we have a $750k capital gains personal exemption here in Canada....use it.  

I'm going to move to New Zealand (from Australia) for a year when I sell mine. Fuck giving 45% of my BTC to the government.

In germany there is no capital gains tax when you held your coins longer than a year.
i'm considering to offer a service for bitcoiners who might want to move to germany for a while... Wink

edit: send pm


http://m.youtube.com/watch?v=okNhH7EoV6I&feature=youtu.be&desktop_uri=%2Fwatch%3Fv%3DokNhH7EoV6I%26feature%3Dyoutu.be
legendary
Activity: 1552
Merit: 1047
We should use some of our new-found wealth to fund a bitcoin country, something like what seasteading institute is doing. We shouldn't have to waste money on taxes when it can be used for so much good instead.
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