--- crowd-funded eco-conscious hardware: https://www.crowdsupply.com/eoma68
On Thu, Mar 8, 2018 at 4:17 PM, John Tromp <john.tr...@gmail.com> wrote: > hi Luke, > >> current crypto-currencies with the exception of monero are based >> around the principle of hiding... so of course they are being hunted >> and hounded. monero and i believe grin-coin at least provide both >> privacy *and traceability*, such that an individual may *prove* to >> their local tax authorities that yes they accepted the transaction, >> but that they can also prove that the transaction was completed >> *outside of their jurisdiction*. > > Are you talking about transactions that the user reports to the authorities > in the first place? no. transactions that the user does *not* report (initialy) because they're private [and it's not tax-paying time-of-year]. > In that case the user would simply not report transactions > that are "inside the jurisdiction", whatever that means. that would be a criminal offense, not to report earnings / income. however it's perfectly fine to report earnings / income... *that they cannot tax*. l. -- Mailing list: https://launchpad.net/~mimblewimble Post to : mimblewimble@lists.launchpad.net Unsubscribe : https://launchpad.net/~mimblewimble More help : https://help.launchpad.net/ListHelp
