/biz/ - Business & Finance

>>6915914
Only bitcoin is gambling but not the other coins? Alright, fine with me.

Good luck regulating trading when everyone is on decentralized exchanges.

Trudeau will get cucked by crypto if he tries to kill it according to his own rules! AHAHAHA

>>6915914
Who the fuck cares? only stupid would trust what a central bank head says lol.

>>6915936
ikr? fuck bitcoin. blockchain tech ftw! put your money in protocols bois

I hope they do the same as stocks
It's as much as gambling as stocks

>>6915914
Meanwhile something something loot-boxes arent gambling. Swear to god all of the Americas have their head up their ass.

>>6915983

loot boxes aren't robbing the elite of their shekels

>>6915914
Trudeau Cuck needs to put his head out of his arse

>>6915914
Communism strikes again.

>>6916009
Legit think the Jew meme is bullshit most the time and then shit like this goes on and Im just left speechless.

>>6915930

>Bitcoin Casino becomes legal but regulated
>Altcoins as illegal as paternity tests in France

Nice

good luck to try to regulate bitfinex/binance
fucking canacuck go fuck a leaf

>>6916046
France is one of the main examples as to why Feminism is cancer, dont be surprised when they make irrational dumb decisions there.

>>6916045

If you were filthy rich and had massive amounts of political power wouldn't you try to keep it?

>>6915914
>we will develope regulations...
How to regulate dezentralized cryptos? HOW?

>>6915914
scroll down /biz/ get a faint glimpse of the CNBC logo on top of some post. Already know what it's about somehow without even reading.
really makes me go hm.....

Stop linking fake news, CNBC & Reuters should be banned here IMO

>>6916046

holy shit are paternity tests really illegal in frogland?
jesus christ

Even if it was gambling why does that mean it needs to be regulated? Oh yeah, daddy government must protect the women and low IQ people from ruining their own lives with their bad decisions so they keep continue paying and voting for it.

>>6916111
They can regulate the crypto <---> fiat gateway but these control freaks have yet to understand that their reign ends right there.

>>6916131
>Reuters is fake news now
What the fuck happened, theyre the most sterile and neutral you can get

>>6915914
>>6915945
>>6916021
>the state of biz
What do you actually think Trudeau has to do with BoC? Poloz was appointed by Harper...

>leaf based cuckolds

>>6916021
Do not insult Trudeau by referring to him as a "cuckold" you low IQ African-American minority.

>>6916199
Somehow knew South-Korea was definitely gonna ban all cryptos a week ago. which was completely bogus and something they just pulled out of their ass

>>6916199
Nah, that’d be RT

>>6916237
They really didnt though

>>6915914
yes sir very good sir

>>6916384
"If you kill your enemies, they win"

>>6915914
>Oh wow a central bank is FUD'ing crypto
They are not even part of the house, congress so why should we care again? Dumb ass FUD.

>>6916367
Is that so.. Please enlighten us poor gullible sheep.
https://www.reuters.com/article/us-southkorea-bitcoin/south-korea-plans-to-ban-cryptocurrency-trading-rattles-market-idUSKBN1F002B

>>6915914

>Banker doesn't like crypto
>More news at 6

>>6916473
>“There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,” Park told a news conference, according to the ministry’s press office.
>South Korea’s government said on Thursday it plans to ban cryptocurrency trading
>plans to
>Said

This is in no way dishonest reporting. Reuters just reported a statement from SK government, they have no way of knowing if the ban goes through or not.

That is neutral as it gets, read the article and take off the tinfoil hat

>>6915914
based comrade Trudeau saving Canadians from themselves

AAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
FUCKING SCUMBAGS

>>6916669
>>6916473
Also you said reuters claimed "South-Korea was definitely gonna ban all cryptos" which wasnt even remotely close to the reuters news where only exhanges were affected.

>>6916669
>Neutrally reported something that never happened
Wew lad

Somehow only CNBC and Reuters knew of this. Hm..

>>6916046
>In France its called "keep the peace". According to Wikipedia
>""preserve the peace" within French families, with the French government citing psychologists who state that fatherhood is determined by society, rather than biology."
holy shit

This fucking faggot CREATES ECONOMIC BUBBLES FOR A FUCKING LIVING and has the balls to say these bubbles that HIS ORGANIZATION created are bad.

Fuck him piece of shit

>>6916199
They used to be until Trump happened

>>6916218
They're both keynesian scum.

>>6916134
Yeah that's cool if you don't want to be a father .
I have 2 kids already from 2 girls but i don't bave to give money to the mothers .

>>6916464
they can write regulations

>>6916046
>>6916859
Holy shit you're fucking kidding me right now fukken LOOOOOOOOOOL

>>6916847
Are you saying that south korean officials never made those claims? Is that what youre saying?

>>6916884
"Trumps america" is neutral though if youre referring to that. Its mostly statistics and devoid of leftist ideology

It’s not too late anon

Convert to the one true crypto and protect your gains from the evil jews

>bitcoin is gambling
lottery and gambling is tax free in Canada

>>6915914
>Central banks trying to shut down crypto

GEE, I WONDER WHY. Better capitulate and let them regain full control go- I mean guys.

>>6916923
>>6916046
>>6916079
>>6916914
>>6916134
>>6916859
Your child's DNA information belongs uniquely to her. Not to you. Stealing the child's medical information solely for your own selfish purposes is obviously immoral, especially if proving false paternity is unlikely to be in the child's best interest. No impartial guardian or court would allow you to violate the child's privacy for your own narrow interest.

It's relatively simple: proving the fidelity of your wife is your problem, not your child's. Your desire to calm your jealous mind doesn't trump the fundamental rights and welfare of minors in your care.

>>6916986
Gr8 b8

>>6916099

I'd try to adapt to the changing landscape tbqh. Fighting will ruin these retards and then the Chinks will run the world with crypto.

>>6916986

>>6916939
Are you saying those are good sources? Why don't you get me some proof, official statements shouldn't be no problem to find

>>6917118
https://www.youtube.com/watch?v=rqaFxG61NBc
https://www.youtube.com/watch?v=7lrOc5t4w1I

Im sure you can find the full video off some korean website if you know moon.

>>6916045
/pol/ and Hitler were right, aren't just memes

>>6916257

This right here. Top-tier state-owned propaganda machine.

hmm

so if it's gambling then we don't pay a cap gains tax, right?

Just another ripple shill

>>6917528
Well I'll be damned. It's the lack of sources that worried me. Why didn't they just include this

>>6915914
How did it ever got to this point?

>>6915914
This is actually good, you don't pay taxes on gambling earnings in Canada.

>>6915914
God I hope Britain declares all crypto as gambling so I don't have to pay any tax.

Does that mean BTC is now a direct competitor with FUN?

Fucking JUDEN

>dumb country forbids crypto and trading
>people just cash out and move with their riches to a country that didn‘t ban it
>men working on blockchain tech leave the country (braindrain)
>country that forbids the tech starts lagging behind in everything, from production/supply to sales to insurance to everything
>meanwhile chinks can produce everything even cheaper while making more profits
>chinks slowly take over the shithole country taking away their exports and buying up their land and real estate
>shithole country now allows blockchain tech to escape the chink overlords
>all coins are held by chinks already anyway
>chinks become their new overlords

Trying to ban crypto is like putting a gun to your head and squeezing the trigger slowly

>>6918586
They can‘t win anyway, its impossible for them. Lets say western jews forbid crypto, then the east block like russia/china will not ban it and all the wealth goes there leaving western countrys to bleed out slowly.

>>6918719

>all the wealth goes there

The wealth is not stored in the blockchain and owning crypto does not equal wealth

>>6915914
First Nations get free Bitcoin!

Eyyooo no tax on my gambling profits then

>>6915914
Do conadians even have the internet yet?

>>6918769
>wealth isn't stored in crypto
i believe that it will be

>>6918769
>convert fiat to crypto
>move with your private key to some other place
>cash out there

BUT HOW WUZ WEALTH TRUNSPORTED? ME NO UNDERSTAND??

>>6917061
yeah, thats exactly what they are doing
adapting

it doesnt necessary mean to buy crypto, they are using their already established methods ie:
futures
msm fud
governement regulation

>>6917017
>>6917096
damn I thought I'd get more replies than that oh well
I copied it from a reddit comment with like 30 upvotes on /r/france
not even fucking joking

Well gambling earnings are not taxable in Canada so I don't have a problem with that. Treat it like gambling all you want kek

>>6915914
>Governments around the world discover the power of the FUD and use it to buy cryptocheap as fuck

>Canada elects the bastard son of Fidel Castro whose only life experience was spent as a subsititute drama teacher/ski instructor/sock connosier because he was going to legalize weed but he legalized fucking dogs instead

>tries to FUD bitcoin but they're so irrelevant it has literally zero impact on the market
Just fucking top KEK bro. I'm so sorry fellow Canadian's we will annex you soon enough, I hope.

>>6919065
monero. suck my gay dick faggots

>>6917725
I think so

>>6917725
these kikes want to have their cake and eat it

>>6917725
winnings from gambling are generally not taxable

>>6919125

lol wow, cucks will defend any crazy law

How many Canadians here are planning on reporting gains even though they never cashed out?

>>6916986
Reddit really is cucked, it's promising news though for us. When even normies railing against the globo homo agenda is cliche for me then I know we're winning easily.

>>6919437
Do we actually have to do that?
That makes no sense at all.

>>6919437
I've gained over 100k this year, but sold 9600. I'm reporting 9600

>>6919437
>cashing out

I plan to stay in crypto until cuckdeau makes it tax free. I dont want to sponser his pet sand niggers and lgbtbbqfjs faggot shit with my tax dollars.

If he taxes it I am leaving this communist hell hole thank you dual citizienship. I hate winters anyways.

>>6919699
>I plan to stay in crypto until cuckdeau makes it tax free
what makes you think he's going to do that?

>>6915914
wow, a literal kike banker saying that bitcoin should be illegal.
>imagine my shock

>>6919729
I dont that is why I have my backup plan. I dont mind paying taxes for infastructure and essential services but when they spend it on rapefugees and other shit I dont agree with they can get fucked.

I still pay taxes on my wagecuck job because lol no choice but If I am sitting on 7 figures Canada can lick my asshole. Liberal policies already made my home city of Toronto a hell hole and drove me out, jewish tricks will make me leave the country entirely.

>>6915936
How do you get fiat money in and out of decentralized exchanges?

Serious question

>>6919729
trudeau literally legalizes everything

>>6919892
But he will tax it like a good merchant.

>>6919892
except free markets and crypto

fuck that commie

>>6915914

Gambling is legal in Canada. FUD BTFO again.

>>6920002
lotteries are regulated in Canada harsher than in the US, bro. On top of everything else a sweepstakes has to do to prevent being considered "gambling" in the US, winners of sweepstakes have to pass a test to get their winnings, because otherwise it's a lottery in Canada.

>>6919455
AFAIK yes. There's a lot of conflicting information though but basically it's the same as US where crypto-crypto is a realized gain as if you cashed out and bought another coin.
They can't do shit if your gains are still sitting in crypto but it could be a problem whenever you decide to cash out.

How do we build a truly decentralized system that routes around these government regulations?

The only weak spot that governments can really fuck with right now is the fiat->crypto exchanges.

How do we solve this?

>gains not counted as income tax
>can claim gambling losses

yes, thank you . crypto is gambling. hallelujah.

>>6919729
Eventually I can see every country making crypto tax free. People just simply won't report it.
The new US Tax law is a nightmare for the IRS to deal with, especially by making crypto-to-crypto trades taxable.
Right now, it comes off like most places are testing the waters to see who actually files taxes with crypto. Willing to bet the number will be incredibly low.

>>6915914
and forex trading with 100x leverage is not gambling ?

>>6915914
that's cool because gambling is not taxable in my country

>>6916986

Hahahahahaha kys you spineless cuck

>>6920307
kek. this

Banks are going to have their own crypto, everything else will be regulated to death
>the IMF boss continued: "What is fascinating about the bitcoin movement is the technology that is underneath. This technology guarantees identification, trustability, authentification of transactions without interference, without intermediation.
>"That’s fascinating and could be used in multiple circumstances: tracing transactions, land registry, you just name it. And some central banks are looking at it to use for their own cryptocurrency."

>>6920096
>winners of sweepstakes have to pass a test to get their winnings
Typically a third grade math question, and hilariously enough it's often the same fucking question across multiple sweepstakes.

plz dont shut down based quadriga

>>6919437
>crypto? isn't that like drug dealer money? no mister (((taxman))) i only have my t4 to report

If he bans crypto, we win!

>>6916045
>Legit think the Jew meme is bullshit
read the protocols of zion, research the rothschilds, rockefellers, jacob schiff, the frankfurt school, etc

>>6920319
>Nightmare
more like a fucking shooting gallery. They can now fuck you up on any technicality they want without fear, citing bullshit, constantly changing definitions on crypto. It's like you've never dealt with the IRS before. They're completely unregulated and unchecked. They can say "Hey, buddy, you owe us fucking $10,000 from that yacht you sold 6 months ago, plus backtaxes and fines!" and you can say "I've never owned a yacht. I've never sold a yacht. You got the wrong guy" and they will say "Oh, you're right, we got the wrong guy. Tell you what, we won't charge you those nasty backtaxes or fines, as long as you pay the $10,000 before next December." And you know what? Every tax lawyer in the country will tell you to bend over because you're not gonna get out of paying for their bullshit mistakes.

>>6921977
/pol/ is always right.

>>6919873
i have one btc, you want 1 btc, you give me fiat, i give you 1 btc

>>6922138
That's essentially localbitcoins and it doesn't scale

it's also crawling with feds or so I've heard lately

>>6920197
people working and getting paid in crypto obviously

>>6922035
Always.

>Canada

Who gives a shit

>>6922167
>it doesn't scale
why not?

>>6919873
Smtimes I help my crypto-curious friends by giving them crypto for cash.

They avoid deposit and transfer fees, I evade taxes and withdraw fees. Win-win

>>6922004
There is a story of the IRS seizing a restaurant owners life savings because the money deposits from his business were just under 10K every time and they charged him with structuring.

He proved it was all legitimate and they agreed to give him back half of HIS money if signed the papers agreeing that the other half belonged to them now.He didn't and to this day they still hold his money.

They literally fund operations based on the amount they can seize from it. If it turns out to be bad information they still try to steal it from the wrong person.

Central banks, where nations makes their offrand to the kikes.

>>6922291
Canadians u dumb fuck

>>6922004
IRS is out of control

seriously needs to be fucking demolished, heard stories like this myself

>>6920197
> steem
> lockchain
> pinkcoin
> optus
> ...
The more utility coins there are, the more ppl get easy access to crypto.
If you really want to make crypto mainstream, you need to introduce utility coins to every trade out there

>>6919873
That comes later.