Re: [Bitcoin-development] smart contracts -- possible use case? yes or no?

2013-09-29 Thread Gavin Andresen
On Sun, Sep 29, 2013 at 12:28 PM, Neil Fincham n...@asdf.co.nz wrote: I subscribe to this list so I can keep up-to date with bitcoin development, can we keep philosophy and tax evasion out of it? Yes, that's off-topic for this mailing list. Lets stick to technical issues that we can solve by

Re: [Bitcoin-development] smart contracts -- possible use case? yes or no?

2013-09-29 Thread Adam Back
There are some policy decision points in the protocol (and code) that may become centralized risks or choke points that undermine the p2p nature. So the extent that those can be argued to have in principle have a technical fix, it could be quite interesting to research the necessary technology

Re: [Bitcoin-development] smart contracts -- possible use case? yes or no?

2013-09-29 Thread Melvin Carvalho
On 29 September 2013 10:32, Gavin Andresen gavinandre...@gmail.com wrote: On Sun, Sep 29, 2013 at 12:28 PM, Neil Fincham n...@asdf.co.nz wrote: I subscribe to this list so I can keep up-to date with bitcoin development, can we keep philosophy and tax evasion out of it? Yes, that's

Re: [Bitcoin-development] smart contracts -- possible use case? yes or no?

2013-09-29 Thread Melvin Carvalho
On 29 September 2013 04:28, Neil Fincham n...@asdf.co.nz wrote: I subscribe to this list so I can keep up-to date with bitcoin development, can we keep philosophy and tax evasion out of it? Hi Neil, perhaps I didnt present the use case clearly. It was not about evasion, it was about

Re: [Bitcoin-development] smart contracts -- possible use case? yes or no?

2013-09-28 Thread rob . golding
But the regulatory environment in many geographical regions in uncertain.   Do we need to pay capital gains?   Do we need to pay a sales taxs etc. etc. In most regions it's not only 'simple' but trivial - BTC is just 'another currency' and accounted for exactly the same way - it doens't

Re: [Bitcoin-development] smart contracts -- possible use case? yes or no?

2013-09-28 Thread Neil Fincham
I subscribe to this list so I can keep up-to date with bitcoin development, can we keep philosophy and tax evasion out of it? Neil On 29 September 2013 09:15, rob.gold...@astutium.com wrote: But the regulatory environment in many geographical regions in uncertain. Do we need to pay

[Bitcoin-development] smart contracts -- possible use case? yes or no?

2013-09-27 Thread Melvin Carvalho
We all love bitcoin's ability to transfer value in real time across borders. But the regulatory environment in many geographical regions in uncertain. Do we need to pay capital gains? Do we need to pay a sales taxs etc. etc. At this point bitcoin is small enough for this to not be a huge