pull down to refresh

Financial regulations about holding, sending and receiving other people's money are a terrible pain in the ass.
This made me wonder about stacker.news itself. How many laws are being broken here? It obviously doesn't matter much right now because SN is a tiny fish in the ocean. But does stacker.news have some strategy to work around unfriendly regulations if shit hits the fan?
It would be a pity if the site stopped working because of some stupid regulator.
It's the wild west, that's why we have hats around here...
reply
None.
Exchanging small amounts of money isn't illegal. If that was the case then every small craigslist sale would be tax evasion crime as well. Furthermore, governments around the world don't even recognize Bitcoin as money yet.
reply
I hope as many as possible. A crime a day keeps respect for authority away.
reply
So it's settled. Bitcoin is money?
reply
Always has been.
reply
Yes, it always has been. What the US is doing is just walking on eggshells. I guess the bureaucrats have to be occupied...
Saying it is a commodity is just omitting the second word of the term commodity money.
There are countries beside El Salvador where BTC was money from the gecko, treated like Gold and without capital gain taxes etc.
reply
Of course. My point was it's not money when it suits the U. S. government. For instance, currencies of nations we have relationships with must be freely tradable, EXCEPT bitcoin (El Salvador). They twist themselves into knots trying to stop adoption. They will fail.
reply
  1. SN is just and independent website that do not rely on any private company controlling an app store.
  2. Regulations? For what?
reply
Yes. Citizenship is the contract
reply
If you consider yourself a shitizen... then yes. I am not a citizen. I am a sovereign individual.
watch and think again, what you consider yourself https://www.youtube.com/watch?v=ratlvGYvlbc
reply
Philosophically, I agree with you that you are a sovereign individual. Unfortunately, the reality is that the government has a much bigger dick than any individual.
reply
You do have a minority complex of inferiority... am sorry! Why do you compare your individual with a government?
reply
The reality is that you have no idea what am I talking about. Watch and learn https://youtu.be/bnTVDXpAcU8 https://www.youtube.com/watch?v=ratlvGYvlbc
reply
I agree with the sentiment, but as long as you are legally a citizen of a country, then that's the contract you are talking about.
Maybe your parents made that decision for you, but most people in the world hold at least one citizenship, which comes with legal implications, good and bad.
Some countries allow you to revoke your citizenship. I wonder if you have used that if you are able to.
reply
Define "legally". I am not a citizen.
I wonder if you have used that if you are able to.
Yes I did that and even more: I took over the control of the CORPORATION NAME with secure party creditor. I even used that in a court and they recognize it. They literally recognize me as a sovereign individual.
reply
"They" who?
reply
reply
Your bird certificate, unfortunately your parents unconsciously decided for you
reply
Yes, but you can revoke that. You take over the control over the CORPORATION they created when they signed that paper. And I did that years ago.
reply
Yes, but you can revoke that.
Depends on the country. For example you cannot renounce your Argentinean citizenship
Argentina is one of the few countries in the world where its citizens cannot renounce their citizenship. According to Art. 75- section 12 of the Argentine Constitution, Art. 16 of Decree 3213/84 and judicial interpretation of the Supreme Court, the Argentine nationality is irrevocable.
reply
That means you put yourself in the "box" of citizen... Nobody can force you to be a member of an association or group without consent.
reply
How?
reply
reply
Is this valid worldwide? Do you have any alternative site/ref for other jurisdictions/languages?
reply
You still don't understand it. You step out of ANY jurisdiction, you are not going from one to another.... You are your OWN state, with the borders delimited to your own body.
The Convention on the Rights and Duties of States is an international treaty signed in Montevideo, Uruguay, on December 26, 1933. The convention establishes the definition of the State, its rights and obligations. In Article 1 it establishes four characteristic criteria of a State that have become part of customary international law. They have been recognized as confirmation in International Law, establishing that a State as a person of International Law must meet the following requirements: ARTICLE 1 The State as a subject of International Law must meet the following requirements: I. Permanent population. (you) II. Determined territory. (your body) III. Government. (you are your own gov) IV. Ability to enter into relations with other States. (sure, anytime, you are peaceful ambassador wherever you are)
I put all the documentation and preparing material in this guide: https://darthcoin.substack.com/p/natural-law-and-bitcoin
I'm 100% on your boat Darth.
reply
SN is a single point of failure. Eventually we'd have to move to a decentralized service.
reply
or relocate SN HQ...
reply
Financial regulations about holding, sending and receiving other people's money are a terrible pain in the ass.
If this is going to be a problem, I would expect Bank of Australia aka "Wallet of Satoshi" to run into these problems first.
Then, I would expect SN would probably just change how zaps here are done to connect to a self hosted instance of ln bits or something.
reply
I agree that there are much bigger fish out there for the regulator sharks to prey on. Hence why I'm not worried about stacker.news being hunted down anytime soon.
About your work around: that definitely would fix things legally, but (1) implementing that change wouldn't be all that easy for @k00b and (2) it would hurt the user experience a lot. I would assume the majority of people around here wouldn't go through the work required to do that. Even I would find it a pain in the ass to be unable to post something on stacker.news because my cat chewed on my node's power cable.
reply
Hmm sounds like you should learn to code and script out all of your ux issues then share the code with the community
reply
Is Wallet of Satoshi based in Aussie?
reply
"3. Refunds a) AUD Refunds Refunds of overpayments in AUD will be made in AUD to your nominated Australian bank account."
"What happens if you want to complain? If you have any concerns about whether we have complied with the Privacy Act, the Australian Privacy Principles, or this Privacy Policy, please write to us by email at support@walletofsatoshi.com or by post to Level 54, 111 Eagle Street, Brisbane 4000.
We will try to respond with a decision within 30 days of you making the complaint.
If your complaint is not resolved, you may refer your complaint to the Office of the Australian Information Commissioner who can be contacted by phone at 1300 363 992, by email at enquiries@oaic.gov.au, by post at GPO Box 5218, Sydney NSW 2001 or you can go to www.oaic.gov.au."
reply
The framing of this really annoys me. Very passive way of saying it. I think your goal is probably good but IMO a better way to frame this is how can SN become more censorship resistant. The state lies and cheats. They change their rules to be unlawful. The law doesn't come from the state. The law predates the state. I won't ramble on but the answer about breaking laws if that is really the question is none. I see no ethical issues with SN at all.
Will the state come after SN? Maybe. If the state wants to destroy something they will create a reason and call it law.
reply
a workaround could be to settle amounts after x amount of time so when you put sats on the site they are converted to SN COINS but they are pegged 1 to 1 to sats. And then whe ngs osdgksg
reply
Bitcoin is a commodity. Is it illegal to custody a few grains of corn now?
reply
If the government wants to do something about SN my guess is they'd use DMCA or something like that. At some point, someone will copy-paste something copyrighted.
reply