With GLBSE gone, we can start fresh on new lands. - page 2.

cedivad

legendary

Activity: 1176

Merit: 1001

Quote from: chrisrico on October 06, 2012, 05:22:05 PM

Quote from: cedivad on October 06, 2012, 05:19:45 PM

If you setup your company in the middle of the ocean and access it trought a fiber cable from 10Mm (mega meters, just for fun of scientific notions, 10000km) away, lets say you connect from Iceland, you would still have to comply with Iceland laws.

So the location really dosent matter, if not from a fiscal point of view.

That's bullshit. Having internet connectivity with a country does not subject you to their laws. What if you connect to the internet via satellite?

I work with the Internet, a service provider has to withstand the law of its own country where the society is based, the one that hosts his gear and the ones that whatever the clients connect from.

If you connect from satellite staying in space you can do whatever you want. If you stay on earth you will be required to follow the same of above.

BlackHeartFund

full member

Activity: 126

Merit: 100

Quote from: yrtrnc on October 06, 2012, 05:22:52 PM

Im talking about a country with no rules.

The problem is, we don't live in countries with no rules... eventually citizens of regulated countries want to cash in their bitcoins for trade (ideally), or fiat currency (more often ATM). Those of us attempting to operate legal, tax paying corporations that profit from and help develop bitcoins legally have to develop ways to work within the existing legal structures, and we have to do our best to influence further regulation/interpretation of laws. This is why I currently support the bitcoin foundation. Bitcoins are essentially a commodity, not a traditional currency. I don't see why we can't trade it like rice.

max in montreal

hero member

Activity: 504

Merit: 500

Quote from: cedivad on October 06, 2012, 05:19:45 PM

If you setup your company in the middle of the ocean and access it trought a fiber cable from 10Mm (mega meters, just for fun of scientific notions, 10000km) away, lets say you connect from Iceland, you would still have to comply with Iceland laws.

So the location really dosent matter, if not from a fiscal point of view.

http://en.wikipedia.org/wiki/Principality_of_Sealand

gweedo

legendary

Activity: 1498

Merit: 1000

Quote from: chrisrico on October 06, 2012, 06:29:39 PM

Quote from: gweedo on October 06, 2012, 06:02:53 PM

Bartering is regulated to some degree by the united states, i am claiming a currency that isn't recognized globally can't be regulated.

Good luck with that, and I hope nobody listens to your advice, because you are wrong. See: gold and every other private currency.

Gold is a commodity and what other private currencies there are none.

bigasic

hero member

Activity: 924

Merit: 1000

Quote from: chrisrico on October 06, 2012, 06:29:39 PM

Quote from: gweedo on October 06, 2012, 06:02:53 PM

Bartering is regulated to some degree by the united states, i am claiming a currency that isn't recognized globally can't be regulated.

Good luck with that, and I hope nobody listens to your advice, because you are wrong. See: gold and every other private currency.

In Utah last year, they made silver a legal tender. I don't know why they did that, there must be some incentive...

chrisrico

hero member

Activity: 496

Merit: 500

Quote from: gweedo on October 06, 2012, 06:02:53 PM

Bartering is regulated to some degree by the united states, i am claiming a currency that isn't recognized globally can't be regulated.

Good luck with that, and I hope nobody listens to your advice, because you are wrong. See: gold and every other private currency.

gweedo

legendary

Activity: 1498

Merit: 1000

Quote from: chrisrico on October 06, 2012, 05:53:04 PM

Quote from: gweedo on October 06, 2012, 05:34:10 PM

Economic activity actually falls to the currency that is being used, and bitcoins isn't a currency recognized by the global world. So your sadly mistaken.

Are you claiming that barter, being economic activity that doesn't use a medium of exchange (or currency), is not regulated (let's say, in the United States)?

Bartering is regulated to some degree by the united states, i am claiming a currency that isn't recognized globally can't be regulated.

yrtrnc

hero member

Activity: 605

Merit: 500

I hope so, because I'd rather meet an alien. A friendly one, Cheesy

Quote from: gweedo on October 06, 2012, 05:44:20 PM

Quote from: yrtrnc on October 06, 2012, 05:40:45 PM

I never said they were controlling, nor do I have any proof. All I'm saying is, that it is a possibility.

Quote from: gweedo on October 06, 2012, 05:37:01 PM

Quote from: yrtrnc on October 06, 2012, 05:35:09 PM

IN MY OPINION, history has shown that:
The state is always trying to make money out of you and control you. If they see the potential, they will pull out the big guns if its worth it for them.

Quote from: gweedo on October 06, 2012, 05:25:37 PM

Quote from: chrisrico on October 06, 2012, 05:23:10 PM

Quote from: gweedo on October 06, 2012, 05:21:39 PM

I am pretty sure that would violate many amendments and laws, and if that was true, why have no companies been shutdown or brought to trial?

The men with guns make the laws and determine how they are applied. There probably have been some that were shut down, though I don't know who off the top of my head. More common is for them to fall in line and comply with all regulations the regulators say apply, under threat of violence.

Until there is any court case, your arguments is invalid, and the people who fall in line are just not strong enough to handle bleeding edge communities like this.

Where is the proof that they are controlling bitcoin business? Your opinion is invalid no facts to even prove that.

very slim possibility, you have a better chance of meeting an alien

chrisrico

hero member

Activity: 496

Merit: 500

Quote from: gweedo on October 06, 2012, 05:34:10 PM

Economic activity actually falls to the currency that is being used, and bitcoins isn't a currency recognized by the global world. So your sadly mistaken.

Are you claiming that barter, being economic activity that doesn't use a medium of exchange (or currency), is not regulated (let's say, in the United States)?

gweedo

legendary

Activity: 1498

Merit: 1000

Quote from: yrtrnc on October 06, 2012, 05:40:45 PM

I never said they were controlling, nor do I have any proof. All I'm saying is, that it is a possibility.

Quote from: gweedo on October 06, 2012, 05:37:01 PM

Quote from: yrtrnc on October 06, 2012, 05:35:09 PM

IN MY OPINION, history has shown that:
The state is always trying to make money out of you and control you. If they see the potential, they will pull out the big guns if its worth it for them.

Quote from: gweedo on October 06, 2012, 05:25:37 PM

Quote from: chrisrico on October 06, 2012, 05:23:10 PM

Quote from: gweedo on October 06, 2012, 05:21:39 PM

I am pretty sure that would violate many amendments and laws, and if that was true, why have no companies been shutdown or brought to trial?

The men with guns make the laws and determine how they are applied. There probably have been some that were shut down, though I don't know who off the top of my head. More common is for them to fall in line and comply with all regulations the regulators say apply, under threat of violence.

Until there is any court case, your arguments is invalid, and the people who fall in line are just not strong enough to handle bleeding edge communities like this.

Where is the proof that they are controlling bitcoin business? Your opinion is invalid no facts to even prove that.

very slim possibility, you have a better chance of meeting an alien

yrtrnc

hero member

Activity: 605

Merit: 500

I never said they were controlling, nor do I have any proof. All I'm saying is, that it is a possibility.

Quote from: gweedo on October 06, 2012, 05:37:01 PM

Quote from: yrtrnc on October 06, 2012, 05:35:09 PM

IN MY OPINION, history has shown that:
The state is always trying to make money out of you and control you. If they see the potential, they will pull out the big guns if its worth it for them.

Quote from: gweedo on October 06, 2012, 05:25:37 PM

Quote from: chrisrico on October 06, 2012, 05:23:10 PM

Quote from: gweedo on October 06, 2012, 05:21:39 PM

I am pretty sure that would violate many amendments and laws, and if that was true, why have no companies been shutdown or brought to trial?

The men with guns make the laws and determine how they are applied. There probably have been some that were shut down, though I don't know who off the top of my head. More common is for them to fall in line and comply with all regulations the regulators say apply, under threat of violence.

Until there is any court case, your arguments is invalid, and the people who fall in line are just not strong enough to handle bleeding edge communities like this.

Where is the proof that they are controlling bitcoin business? Your opinion is invalid no facts to even prove that.

gweedo

legendary

Activity: 1498

Merit: 1000

Quote from: yrtrnc on October 06, 2012, 05:35:09 PM

IN MY OPINION, history has shown that:
The state is always trying to make money out of you and control you. If they see the potential, they will pull out the big guns if its worth it for them.

Quote from: gweedo on October 06, 2012, 05:25:37 PM

Quote from: chrisrico on October 06, 2012, 05:23:10 PM

Quote from: gweedo on October 06, 2012, 05:21:39 PM

I am pretty sure that would violate many amendments and laws, and if that was true, why have no companies been shutdown or brought to trial?

The men with guns make the laws and determine how they are applied. There probably have been some that were shut down, though I don't know who off the top of my head. More common is for them to fall in line and comply with all regulations the regulators say apply, under threat of violence.

Until there is any court case, your arguments is invalid, and the people who fall in line are just not strong enough to handle bleeding edge communities like this.

Where is the proof that they are controlling bitcoin business? Your opinion is invalid no facts to even prove that.

yrtrnc

hero member

Activity: 605

Merit: 500

IN MY OPINION, history has shown that:
The state is always trying to make money out of you and control you. If they see the potential, they will pull out the big guns if its worth it to them.

Quote from: gweedo on October 06, 2012, 05:25:37 PM

Quote from: chrisrico on October 06, 2012, 05:23:10 PM

Quote from: gweedo on October 06, 2012, 05:21:39 PM

I am pretty sure that would violate many amendments and laws, and if that was true, why have no companies been shutdown or brought to trial?

The men with guns make the laws and determine how they are applied. There probably have been some that were shut down, though I don't know who off the top of my head. More common is for them to fall in line and comply with all regulations the regulators say apply, under threat of violence.

Until there is any court case, your arguments is invalid, and the people who fall in line are just not strong enough to handle bleeding edge communities like this.

gweedo

legendary

Activity: 1498

Merit: 1000

Quote from: chrisrico on October 06, 2012, 05:31:01 PM

Quote from: gweedo on October 06, 2012, 05:25:37 PM

Until there is any court case, your arguments is invalid, and the people who fall in line are just not strong enough to handle bleeding edge communities like this.

If you think a court would agree that economic activity does not fall under the jurisdiction of the country in which it takes place, merely because the medium of exchange is bitcoin, you are both sadly mistaken and extremely naive.

Economic activity actually falls to the currency that is being used, and bitcoins isn't a currency recognized by the global world. So your sadly mistaken.

chrisrico

hero member

Activity: 496

Merit: 500

Quote from: gweedo on October 06, 2012, 05:25:37 PM

Until there is any court case, your arguments is invalid, and the people who fall in line are just not strong enough to handle bleeding edge communities like this.

If you think a court would agree that economic activity does not fall under the jurisdiction of the country in which it takes place, merely because the medium of exchange is bitcoin, you are both sadly mistaken and extremely naive.

Progresso

member

Activity: 87

Merit: 10

Just move all the legal stuff around Bitcoins to Honduras. The government overthere is eager to set up "charter cities". Honduras is set to host one of the world's most radical neo-liberal economic experiments under a plan to build from scratch the rules, roads and rafters of a "charter city" for foreign investors.

The Central American nation hopes the plan for model development zones, which will have their own laws, tax system, judiciary and police, will emulate the economic success of city states such as Singapore and Hong Kong.

More info:

gweedo

legendary

Activity: 1498

Merit: 1000

Quote from: chrisrico on October 06, 2012, 05:23:10 PM

Quote from: gweedo on October 06, 2012, 05:21:39 PM

I am pretty sure that would violate many amendments and laws, and if that was true, why have no companies been shutdown or brought to trial?

The men with guns make the laws and determine how they are applied. There probably have been some that were shut down, though I don't know who off the top of my head. More common is for them to fall in line and comply with all regulations the regulators say apply, under threat of violence.

Until there is any court case, your arguments is invalid, and the people who fall in line are just not strong enough to handle bleeding edge communities like this.

chrisrico

hero member

Activity: 496

Merit: 500

Quote from: gweedo on October 06, 2012, 05:21:39 PM

I am pretty sure that would violate many amendments and laws, and if that was true, why have no companies been shutdown or brought to trial?

The men with guns make the laws and determine how they are applied. There probably have been some that were shut down, though I don't know who off the top of my head. More common is for them to fall in line and comply with all regulations the regulators say apply, under threat of violence.

yrtrnc

hero member

Activity: 605

Merit: 500

Im talking about a country with no rules.

Quote from: cedivad on October 06, 2012, 05:19:45 PM

If you setup your company in the middle of the ocean and access it trought a fiber cable from 10Mm (mega meters, just for fun of scientific notions, 10000km) away, lets say you connect from Iceland, you would still have to comply with Iceland laws.

So the location really dosent matter, if not from a fiscal point of view.

chrisrico

hero member

Activity: 496

Merit: 500

Quote from: cedivad on October 06, 2012, 05:19:45 PM

If you setup your company in the middle of the ocean and access it trought a fiber cable from 10Mm (mega meters, just for fun of scientific notions, 10000km) away, lets say you connect from Iceland, you would still have to comply with Iceland laws.

So the location really dosent matter, if not from a fiscal point of view.

That's bullshit. Having internet connectivity with a country does not subject you to their laws. What if you connect to the internet via satellite?

Topic: With GLBSE gone, we can start fresh on new lands. - page 2. (Read 4854 times)