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

2013-09-29 Thread Mark Friedenbach
This kind of thing - providing external audits of customer accounts without revealing private data - would be generally useful beyond taxation. If you have any solutions, I'd be interested to hear them (although bitcoin-dev is probably not the right place yet). Mark On 9/29/13 2:37 AM, Adam Back

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

2013-09-29 Thread Mike Hearn
This kind of thing is better discussed in the dev forum of bitcointalk.org On Sun, Sep 29, 2013 at 11:46 AM, Melvin Carvalho wrote: > > > > On 29 September 2013 04:28, Neil Fincham wrote: > >> I subscribe to this list so I can keep up-to date with bitcoin >> development, can we keep philosophy

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 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 voluntary donations g

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 wrote: > On Sun, Sep 29, 2013 at 12:28 PM, Neil Fincham 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

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 (ad

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 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 writing code.

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, wrote: > > But the regulatory environment in many geographical regions in > > uncertain. Do we need to pay capital gains? Do we nee

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 ma

[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 issue,