With Bitcoin above $10 000 this news is few days old, but looks like outcome.
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Does anyone else here buy physical gold and silver bullion?
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Gold but not silver
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Both (although about 10:1 gold by value). Any store of value (crypto, land, etc.) that is outside the current monetary insanity.
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imagine creating a billion fake accounts and then creating loans to those accounts…
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Awesome.
I’m currently putting together a gold and silver bullion marketplace. Like eBay but specifically for precious metals. If you’re all interested I can send it through when done.
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Wasn’t there a way to buy silver coins from the channel islands to be exempt from VAT (from UK)? I am sure there was some loop hole.
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Afaik if you don’t physically take control of the silver there is no vat, but that sort of defies the point of buying it imo.
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I think I used these guys a decade or so ago during 2008 crisis.
They are based in Guernsey and there are some special VAT rules. You can take delivery of the coins up to a certain amount, IIRC.
Don’t consider this a review/recommendation. I have no idea what their current situation is.
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How does that actually work if your buying from someone online? If you’re buying from a dealer or exchange I can understand but if your buying from Joe blogs on Craigslist, eBay, Facebook or Reddit how would the tax authorities know?
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If it is a personal sale, no VAT will be due anyway.
If you are buying from a company, it depends whether both of you are happy to break the law or not. I suspect that depends on how likely the authorities are to notice.
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Sia and Arweave are part of new listing on Coinbase
https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-2c5b84813fcf
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If Sia can do it then we can too.
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Yes I got this in my coindesk newsletter.
Decentralized Storage
Arweave, a blockchain network meant for the permanent storage of data, has released a completely new approach to smart contracts to run on users’ computers rather than the blockchain itself. The SmartWeave update will dispense with gas fees and only requires a smart contract’s code to be run as often as it’s needed and not by every node on the network. Meanwhile, Unstoppable Domains released an uncensorable decentralized blog (dBlog) service hosted on Protocol Lab’s InterPlanetary File System. Finally, Filecoin announced the launch of the ‘Incentivized Testnet’, the final phase of testing for its decentralized storage network.
I decided to let remind Daniel that Maidsafe is also in the final stages.
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Just curious if anyone has looked into the Bidao ICO? I decided against investing, but wondered what you all thought. Particularly non-U.S. residents.
My impression is that it is probably a legit offering (despite all the SCAM claims), with a couple caveats:
I think they are going to (legally) screw Americans over. In their TOS, they clearly state that U.S. residents are not eligible. However, currently, Germany (where the company resides) does not require KYC for transactions under $10k. That changes November 30. Guess when the ICO offering ends?
There are a few other debatable red flags, but I do think they will at least attempt to provide the tech they promise…if they have the capability. Too lucrative not to. Basically, not an exit scam.
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If you are looking for a real DeFi, finished product, without admin keys, number 1 in liquidity in Unislap, with 1% of all transactions per day in Ethereum - I can only recommend Hex
And for 4 months it go up x116 (11600%)…
Ran across that recently, but have not been able to investigate…so many effing coins! 
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There are many analyzes on YouTube. In short, there are 3 audits of the code. People controlling $ 3 billion in bitcoin have claim their free Hex and, as I said, it’s a finished product. The main unknown is if Richard Heard will dump on people’s heads and kill the product he created or, as he claims, will fight to become the richest man on the planet …
Hex is a great idea, completed, runs well, and a growing community. Only issue is the ‘inventor’ has the potential to own too much of it despite the fact it is decentralized. Nothing against inventors getting rewards, but the chips are staked against you, and you are potentially in hands of one individual.
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