- Aug 25, 2001
- 56,570
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https://forums.anandtech.com/thread...e-are-the-lambos.2558209/page-6#post-39882364
The gov't.
Let's just say, that if some DC projects, start issuing CC for completing DC tasks (some people might ask, why not use DC as a PoW algo, so that those compute cycles aren't wasted, and they do have a point there), BUT... since the gov't has started attempting to tax CC transactions, possibly including mining/creating CC, could they not also decide to tax DC WUs completed, IFF those earn CC rewards?
This is a very touchy subject among many of you, and I feel, a bit of a tricky subject to navigate.
DC'ers, that I know of, DONATE their time, effort, and $$$ (in the form of purchasing PCs, running them, providing space and power for them) to causes they believe in, however varied.
It would be a darn shame, if after all of that sacrifice, in terms of time, effort (human and computer) and $$$, that the gov't would seek to tax the output of those efforts.
Thankfully, I think Stanford and Berkeley would oppose those measures.
Thoughts? Or should I not even mention the idea, lest somehow, someone in gov't would take note.
I guess we would all just have to incorporate tax-exempt foundations, to do our DC under, and therefore, personal contributions to said foundation would be tax-deductable? And all CC revenue would be tax-exempt, and able to be plied back into paying for electricity and computer components/upgrades? Just a thought.
The gov't.
Let's just say, that if some DC projects, start issuing CC for completing DC tasks (some people might ask, why not use DC as a PoW algo, so that those compute cycles aren't wasted, and they do have a point there), BUT... since the gov't has started attempting to tax CC transactions, possibly including mining/creating CC, could they not also decide to tax DC WUs completed, IFF those earn CC rewards?
This is a very touchy subject among many of you, and I feel, a bit of a tricky subject to navigate.
DC'ers, that I know of, DONATE their time, effort, and $$$ (in the form of purchasing PCs, running them, providing space and power for them) to causes they believe in, however varied.
It would be a darn shame, if after all of that sacrifice, in terms of time, effort (human and computer) and $$$, that the gov't would seek to tax the output of those efforts.
Thankfully, I think Stanford and Berkeley would oppose those measures.
Thoughts? Or should I not even mention the idea, lest somehow, someone in gov't would take note.
I guess we would all just have to incorporate tax-exempt foundations, to do our DC under, and therefore, personal contributions to said foundation would be tax-deductable? And all CC revenue would be tax-exempt, and able to be plied back into paying for electricity and computer components/upgrades? Just a thought.
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