This is why I'm not a techno-utopian like so many spergatarians are.
The people who are bringing "paradise" to us can't be trusted.
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| -Land of the Free |
| From Twitter: Ethereum Comes Out As Commie |
| 2017-11-15 |
This is why I'm not a techno-utopian like so many spergatarians are. The people who are bringing "paradise" to us can't be trusted. |
| Posted by:charger |
| #7 That means every transaction (say, to pay for lunch) is a taxable event, with a capital gain or loss to be declared on your tax return. That's the way I've been treating it on tax returns, even though I don't get a 1099-B like you would with a normal stock transaction. That may have changed since 2015, though. |
| Posted by: Raj 2017-11-15 11:39 |
| #6 Worse, the feds have decided that Ethereum, Bitcoin, and other crypto “currencies” are actually securities. That means every transaction (say, to pay for lunch) is a taxable event, with a capital gain or loss to be declared on your tax return. |
| Posted by: KBK 2017-11-15 10:06 |
| #5 I've never trusted cryto-currency but then I don't trust the Federal Reserve either. I do like the idea of bypassing the Fed with cryto-currency but the kinks don't seem to have been worked out. Speculative swings and hacking among other things. |
| Posted by: JohnQC 2017-11-15 09:16 |
| #4 I wonder will investors... Lose faith in Blockchain for a bit OR Rotate out of Etherium (forever it won't recover from this) and into Bitcoin |
| Posted by: Bright Pebbles 2017-11-15 06:45 |
| #3 From Infogalactic Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed. The founder, Vitalik Buterin, is no prize , either. |
| Posted by: charger 2017-11-15 01:13 |
| #2 According to the pretty picture at their website, Herb McCoy7309, they're a blockchain app. Blockchain seems to be the hot new thing, which is no doubt why I have no idea what it is. |
| Posted by: trailing wife 2017-11-15 00:48 |
| #1 If only anyone had bothered to define etherum, or explain why I should care. |
| Posted by: Herb McCoy7309 2017-11-15 00:08 |