Buttcoin

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

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Early Bitcoin Investor [Roger Ver] Charged with Tax Fraud (www.justice.gov)

submitted 7 months ago by [email protected] to c/[email protected]

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Fun times!

HN discussion, including poo-poohing his conviction (with 10 month prison sentence) for improperly storing and selling explosives as "just selling firecrackers":

https://news.ycombinator.com/item?id=40219555

Also Mike Hearn shows up and is topical regarding Nix:

Note that the same tactics that were used to wreck Bitcoin are now being deployed against Nix, as the open source community has struggled to learn the right lessons from Bitcoin.

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[–] [email protected] 9 points 7 months ago* (last edited 7 months ago) (1 children)

Every time Roger Ver is quoted in this document is sheer comedy, but this is perhaps my favorite:

[bitcoin wallets] were not registered to any name or associated with a tax id, and that no one, including the IRS, can freeze ones [sic] bitcoin accounts or seize ones [sic] bitcoins.

This is in an email to his tax lawyer.

[–] [email protected] 4 points 6 months ago* (last edited 6 months ago)

"Bitcoins cannot be confiscated by the govermment!"
(point to the millions of bitcoins confiscated by governments)
"Bitcoins are censorship resistant"