EB37 – Thomas Spaas & Siân Jones: Is Bitcoin subject to VAT? (European consumer goods tax)
Thomas Spaas, director of the Belgian Bitcoin Association and an international tax lawyer in Antwerp, and our regulatory affairs correspondent Siân Jones, join us to discuss a Swedish court case on VAT, the European Value Added Tax. The case has made it all the way to the Court of Justice of the European Union and may set the precedent for how the sale of Bitcoin will be taxed.
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture and is available on iTunes, SoundCloud, Mixcloud, Stitcher and other podcast aggregators.
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From the mysterious creation story, to the early development among a small group of cypherpunks, to the emergence of the Silk Road, the collapse of MtGox, to the entry of a tidal wave of VC money and the Silicon Valley elite, Bitcoin's short history has been action-packed. It's no surprise that this could make for a riveting story and NY Times journalist Nathaniel Popper's book 'Digital Gold - Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money' is precisely that.
Popper joined us for a conversation about his must-read book about the remarkable story of Bitcoin.
Topics covered included:
- How Nathaniel Popper ended up writing a book about Bitcoin
- Why he chose 'Digital Gold' as a title and some of its different connotations
- Why he chose to focus on the people and stories of Bitcoin rather than the technology
- The story of the Silk Road and how it played such a critical role in the early days of Bitcoin
- How Xapo CEO Wences Casares came to play a crucial role in evangelizing Bitcoin among Silicon Valley's power players
- The rising tension and passing of influence between the old, ideological guard and the newer Silicon Valley crew
Links mentioned in this episode:
- Get 'Digital Gold' on Amazon: http://amzn.to/1LxK5im
- Nathaniel Popper's website: http://bit.ly/1HrXUf0
- Can Bitcoin Conquer Argentina article: http://nyti.ms/1RgQYIB
- Decoding the Enigma of Satoshi Nakamoto: http://nyti.ms/1ApjvYv
Sponsors:
- Shapeshift: Buy and sell alt coins instantly at http://ShapeShift.io
- Ledger Nano: Smart card security for your Bitcoins - Get 10% off your first order when you use the code EB09 at http://ledgerwallet.com (valid until 09/30/15)
Show notes: http://epicenterbitcoin.com/podcast/081
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-081
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
- Visit our website: http://epicenterbitcoin.com
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Eris Industries spawned when three people got together to come up with a solution to Olivier Janssens' £100K bounty to replace the Bitcoin Foundation with software. Their proposal, initially called Project Douglas and built on top of Ethereum, was designed to replicate the functions of a trade association on a blockchain. Today, Eris has evolved into a Distributed Application Software Stack, with which developers can rapidly deploy distributed applications that are flexible, legally compliant and secure. Interestingly, Eris allows organisations and companies to adopt blockchain technology without being fully decentralised.
We're joined by one of the Founders and COO of Eris Industries, Preston Byrne, who explains how Eris works and talks about some of the practical use cases which may arise. Siân Jones is also here to weigh in on some of the innovative aspects of this exciting open-source project.
Links mentioned in this episode:
- Eris Industries: https://erisindustries.com
- Deserver White Paper: https://decerver.io
- Thelonious White Paper: https://thelonious.io
- Eris Package Manager White Paper: https://epm.io
- Eris Legal Markdown White Paper: https://lmd.io
- Blockchain Your Business in 7 Steps: https://db.erisindustries.com/distributed%20business/2014/12/17/blockchain-your-business/
Sponsors:
- Shapeshift: https://shapeshift.io
Show notes: http://epicenterbitcoin.com/podcast/062
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-062
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
- Visit our website: http://epicenterbitcoin.com
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- Twitter: http://twitter.com/epicenterbtc
The main part of today's episode features a conversation Brian had with the cryptocurrency space Decentral in Toronto. Decentral is a space for Bitcoin meetup, co-working space and accelerator for startups focusing on decentralized applications. The main focus was the ambitious plans for their accelerator program, but we also covered how Decentral came about and the work the Bitcoin Alliance of Canada does.
The participants included
- Anthony di Iorio (Founder Decentral, Founder Ethereum, Toronto Bitcoin Meetup, Executive Director Bitcoin Alliance of Canada)
- Arthur Corry (Managing Director Decentral Accelerate)
- Ethan Wilding (Resident Philosopher and Ethereum)
- Michael Perklin (Bitcoinsultants, Director Bitcoin Alliance Canada, Founder Crypto Currency Certification Consortium)
Links:
- Decentral: http://bit.ly/1jBWUd9
- Decentral Accelerate: http://bit.ly/TJ0M5t
- Bitcoin Alliance Canada: http://bit.ly/1m1SPTB
- Bitcoin Toronto Meetup: http://bit.ly/V1kxWF
- Crypto Currency Certification Consortium (C4): http://bit.ly/1pDSQRI
- Bitcoinsultants: http://bit.ly/1mcZTyk
- Bitcoin: The End of Money Kickstarter As We Know It: http://kck.st/1iSkibe
- Bitcoin: The End of Money - Matt Miller Interview: http://bit.ly/1myN7nZ
Show notes: http://epicenterbitcoin.com/eb-026
Running time: 1:13:06
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture and is available on iTunes, SoundCloud, Mixcloud, Stitcher and other podcast aggregators.
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The recent publication of a European Banking Authority opinion on "virtual currencies" has caused great concern among actors of the Bitcoin ecosystem. Siân Jones joins us to dissect this 46-page document and the 70+ risks it identifies to crypto-currencies. Siân also helps us better understand the EBA, its role and and the extent of its influence in the European Union. We also briefly recap the Coinsummit conference which took place in London and which we attended.
Links:
- European Banking Authority: http://bit.ly/1sUdKJP
- EBA opinion on "virtual currencies": http://bit.ly/1maQthg
- Bitcoin receives red carpet welcome in the Isle of Man [City A.M.]: http://bit.ly/1oA17zD
- Isle of Man Launches Digital Currency Startup Incubator [Coindesk]: http://bit.ly/1jIETiW
- COINsult: http://bit.ly/1jrH1er
Show notes: http://epicenterbitcoin.com/eb-028
Running time: 1:07:29
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture and is available on iTunes, SoundCloud, Mixcloud, Stitcher and other podcast aggregators.
Website: http://epicenterbitcoin.com
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Exchanges are often criticized as a central point of failure of the cryptocurrency space. This isn't without justification as, in recent years, we have seen a number of exchanges get hacked, robbed, or embezzled by their founders, which is far from insignificant. One proposed alternative are decentralized exchanges that would allow people make peer-to-peer trades using sophisticated smart contracts. However, there remains the fundamental challenge of interfacing with the legacy banking system.
Manfred Karrer joins us for a lengthy discussion on Bitsquare, a decentralized cryptocyrrency exchange which supports most fiat currencies and cryptocurrencies. Built to be a decentralized equivalent of LocalBitcoins, the Bitsquare client, which connects to the peer-to-peer network, uses Tor by default, which makes it almost completely anonymous. There are also a number of safeguards in place to eliminate the potential for fraud and theft, as well as an arbitration system to resolve disputes between traders.
Topics discussed in this episode include:
- The motivation behind Bitsquare
- The Bitsquare client and user experience
- A walkthrough of a typical trade
- The mechanics of the order book
- The fiat currency transfer mechanism
- The current and future arbitration process
- Manfred's thoughts on DAOs
- Bitsquare's product roadmap
Links mentioned in this episode:
- Bitsquare Website: http://bitsquare.io
- Bitsquare Whitepaper: https://bitsquare.io/bitsquare.pdf
- Risk Analysis: http://bitsquare.io/risk_analysis.pdf
- Arbitration System: http://bitsquare.io/arbitration_system.pdf
- Github Repo: https://github.com/bitsquare/bitsquare
Sponsors:
- Jaxx: Wallets that Unify the Blockchain Experience Across Devices http://jaxx.io
Show notes: http://epicenterbitcoin.com/podcast/140
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-140
Epicenter Bitcoin is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
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At the Ethereum Devcon, Microsoft unveiled the concept of 'Ethereum Blockchain as a Service' (EBaaS). These are bespoke Ethereum-like blockchains running on Microsoft's cloud Azure.
Here, I catch up with Marley Gray, Director - Technology Strategy Financial Services, to find out answers to questions such as:
What is Ethereum Blockchain as a service?
What is Azure?
Developer pain points EBaaS aims to resolve
What kind of customers would they like to target? What are the differences between their free and premium offerings?
Check out the video for insight into Microsoft’s plans in the Ethereum ecosystem.
Links:
Microsoft release of EBaaS: https://azure.microsoft.com/en-us/blog/ethereum-blockchain-as-a-service-now-on-azure/
- Visit our website: http://epicenterbitcoin.com
- Subscribe to the podcast: http://soundcloud.com/epicenterbitcoin/
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Adam B. Levine, the “Spiritual Grandfather” of Epicenter Bitcoin and Editor-in-Chief of Let's Talk Bitcoin, joins us to share is “crazy” passion for information and cryptocurrency. Never shy when it comes to talking about complicated subjects, Adam divulges his ideas about the next iteration of the experimental Let’s Talk Bitcoin Network and his newly launched standalone token vending machine, SwapBot. Adam also opens up about his role as the Chief Visionary Officer of CoinPowers and why it ultimately failed as a project. We also get Adam’s take on the future of crowdfunding and what role he sees himself playing within the crypto community moving forward.
We covered a many of topics on this episode:
- The integral part Adam played in the creation of Epicenter Bitcoin
- How the Let’s Talk Bitcoin podcast show and network were born
- The Tokenly Platform
- The recent discontinuation of certain LTB Network shows
- LTBCoin and the problems it aims to solve
- Tokens Vs. cryptocurrencies
- Content monetization and crowdfunding
Links mentioned in this episode:
- Let's Talk Bitcoin: http://letstalkbitcoin.com
- LTBCoin: http://ltbcoin.com
- SWAPBOT Prototype: http://letstalkbitcoin.com/vend
- Tokenly Project: https://github.com/tokenly/tokenly-cms
Sponsors:
- ShapeShift: https://shapeshift.io
Show notes: http://epicenterbitcoin.com/podcast/064
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-064
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc
Support the show, consider donating: 13tRXdy2Ke9gwr5We8XWnz8J5HWG6kLknU (http://bit.ly/1ISp0h0)
Identity is probably one of the most important constructs in our society. In our modern world, protecting one’s identity has become complex, as we no longer rely solely on governments to prove who we are. In addition, most identity sources can be easily compromised. Credit cards and social security numbers weren’t developed with the Internet in mind, and other identifiers such as logins and passwords aren’t well suited truly secure authentication and authorisation.
We’re joined by Tim Pastoor, Founder of 2way.io, to discuss how we can improve control of our identities using concepts borrowed from Bitcoin. Tim walks us through how people could better manage different identities and build reputation networks using Identifi, a global address book protocol invented by Martti Malmi, one of the very first Bitcoin users. We also talk what role this system could play in the future as autonomous agents and artificial intelligence become more prevalent.
Topics we discussed include :
- The history of identity systems and how traditional identity systems are broken
- How the invention of Blockchain technologies changed the way we think of identity
- The Identifi protocol and how it works
- How we can build reputation through Webs of Trust (WoT)
- The future of identity and how Identifi could provide ID for IoT, robots, autonomous agents and artificial intelligence
- 2Way.io and what the company is trying to achieve
Links mentioned in this episode:
- 2Way: http://2way.io/
- Identifi protocol: http://identifi.org/
- Identifi service: http://identi.fi/
Sponsors:
- Ledger Nano: Smart card security for your Bitcoins - Get 10% off your first order when you use the code EPICENTER at http://ledgerwallet.com
Show notes: http://epicenterbitcoin.com/podcast/109
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-109
Epicenter Bitcoin is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc
Support the show, consider donating: 1M4uVFEs7Ug9y5K35ynLJ5znEtxfrtCQ8d (http://bit.ly/1O3JyUy)
For orthodox Bitcoiners central banks are often seen as the incarnation of evil. But , alas, in the case of two Carribean central banking economists the feeling of reprehension wasn't reciprocated. Winston Moore and Jeremy Stephen were formerly associated with the Central Bank of Barados and fascinated by the potential of cryptocurrencies, they explored the consequences of their central bank holding Bitcoin as part of their international reserves. They joined us for a discussion of central banking, the pecularities of monetary policy in a small island nation and what Bitcoin could bring to the equation.
Topics covered included:
- The function of central banks
- The role international reserves hold for central banks
- The peculiar challenges of central banks of small island nation states
- How speculative attacks on central banks work
- Why central banks may want to hold cryptocurrencies as part of their portfolio
- How Bitt plans to issue Barbados Dollar using the Bitcoin blockchain and the open asset protocol
Links mentioned in this episode:
- Paper on inclusion of cryptocurrencies in international reserve portfolio of Central Bank of Barbados [PDF] http://bit.ly/1TZ5usp
- Barbados Cryptocurrency Startup Bitt http://bit.ly/21gzMpV
- Bitt launches Barbados Dollar on blockchain http://bit.ly/1paq3FS
- Winston Moore's Website http://bit.ly/24LBnsm
- Jeremy Stephen's Website http://bit.ly/1Ym5vWC
- EB Episode 83 with David Andolfatto on Fedcoin and central bank issued cryptocurrencies http://bit.ly/1W2Isib
Sponsors:
- Hide.me: Protect your privacy and personal data with a free VPN account at Hide.me/epicenter
Show notes: http://epicenterbitcoin.com/podcast/121
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-121
Epicenter Bitcoin is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc