[0] http://www.nytimes.com/2014/10/26/us/law-lets-irs-seize-acco...
223 karma · joined April 22, 2013
[0] http://www.nytimes.com/2014/10/26/us/law-lets-irs-seize-acco...
So are cash transactions.
>practically impossible to tax
So are cash transactions.
>unappreciated by most governments
So are cash transactions [0].
>it's not going to survive if it does not make compromises and become regulated, traceable, and taxable.
Bitcoin is a protocol, that can not "make compromises". Can Http make compromises?
[0] http://globaleconomicanalysis.blogspot.ca/2015/03/cash-dinos...
0 http://m.timesofindia.com/home/news/Every-third-newly-electe...
1. https://ihb.io/2014-11-09/news/official-coindesk-longer-voic...
It would be totally unfair for an engineer to miss 8 years of salary, amass a huge student loan, and still be paid equal to a janitor.
More specifically, how does the Formula 1 analogy fit in? This phone is priced about the same as iPhone, Samsung Galaxy and has almost the same specs.
The author mentions that Uber could have tried to get their App approved as a taximeter, but they did not even try.
> Author claims that market is unregulated and competition is fair, but then admits there is regulation
Getting a license is not a "regulation". What the author means is, that the prices are not regulated and the taxis are free to charge whatever they want. So Uber can offer their service at any price, without being forced to a minimum or a maximum.