Bitcoin / Bitcoins / Crypto Currency

I haven't found the actual law but a quick Google suggests it is what most people think
Kind of makes sense, no? you've put it into their system, they have responsibility for it, ownership goes with responsibility...

But this is basically the difference between terms and conditions and law.

I take something of yours there, the may have possession of it but I’m not convinced it makes it theirs.

There’s quite a lot of interesting questions. There must undoubtedly be precedent for people who have deposited things and reclaimed them though. Which is probably where this will be fought.

Kind of related but if I lock my bike to a building that warns it will be removed and disposed of or taken. Do I have any legal right to get it back?

Only thing worse than not buying bitcoin, is buying it and throwing away 600m. That's going to haunt you.

Or buying a pizza with it back before it was for guns and drugs and stuff.

How was your £2.6 million pizza, buddy?

IANAL

I had to google that. Bit disappointed.

I Am Not Against Lashings

Pretty funny looking at the older BBC reports "James Howells searches for hard drive with £4m-worth of bitcoins stored" from 2013 for instance. His eyes look emptier as the years go by.

James Howells

https://www.bbc.com/news/articles/c77jx4d5748o

Wonder how much it will be worth in 3 million years…

https://youtu.be/NEu0o62ycmg?si=7nPnr-xOqH4oehNa

He's no longer a man, just the personification of a lost harddrive

Can I suggest to all Bitcoin holders that they keep it with their NRA.

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Well, well, well. Who actually bought Bitcoin over 100k? I'm all for crypto but understand the power of hype/hope... The game is rigged if you haven't already figured it out. Not convinced it's going much further so I'm waiting patiently with a bag full of tether to deploy once the heart beat stops. Bitcoin dies many deaths and like the Phoenix rises from the ashes when all hope/hype is lost. We need to see fear in the market place before real Og's get back in. Let the newbs experience what real loss feels like and come back next cycle. Lots of bro's never recover

30%? What’s wrong with contributing to society on your profit? I assume you pay the same on other kind of profit, so why not on this?

(Sorry, wrong thread)

Only the everyday person is paying any tax profit on bitcoin. Rich people will have it held offshore somewhere.

Sure, but that doesn’t make it any more right does it?

Living in a developed country while moaning about paying 30% tax on profit is morally debatable to me. There’s a huge discussion that we shouldn’t have here for obvious reasons, but if you can afford to invest, you can afford to pay tax on any profit. Tm same goes for the rich fuckers

Maybe you get me wrong, everyone should pay tax, but the real rich don't, that's the issue.
Some rich people are getting very rich off crypto. It's celebrated by the techbro, but wealth management funds were advising and buying into it for several years.

I think we agree on this 👊

I don't mind donating directly to people who really need the money like food banks and thrift shops that support victims of domestic violence... The majority of our taxes go to bullshit government spending and politician pensions. Fuck that
https://youtu.be/WafCg_KQKYU?si=lJ8KOPlnUSyxwdGh

The majority of our taxes go to bullshit government spending

I know, right?! Bullshit like healthcare and social security.

I'm not here to argue about how tax money is allocated

And schools. Fuck those kids getting an education!

Seems you are

I'm here to support the idea of cryptocurrency and move the goal line further in hopes of reinvesting my full bag of tether for when it capitulates