Thursday, 5 December 2013

#USA #KENTUCKY POLICE CHIEF HEARS .. THE WHITE RABBIT! #BTC WAGES *ROARING*!


Powered by Dailymotion




And now, BITCOIN MANIA IN POLICE STATIONS ACROSS THE UNITED STATES!  HOOOOOOOOOORAY!!!!!!!!!!

"City employees in Vicco, Kentucky could be receiving their paychecks in the form of bitcoin as early as this month after officials there agreed on Monday to begin compensating the chief of police with the emerging crypto-currency.



City officials said on Monday this week that there won’t be a problem with paying Vicco Police Chief Tony Vaughn electronically using bitcoin, an online-only digital form of currency that has in recent months been accepted at an increasing number of retailers around the world.

Bitcoin allows users to securely pay for goods and services with near total anonymity, all while avoiding the regulations and restrictions often imposed by state-controlled currencies, such as the dollar.

Cris Ritchie for Kentucky’s Hazard Herald reported on Wednesday that Vaughn made his request last month, and this week city officials said they finished their research and would be willing to pay the chief’s salary in bitcoin if that’s his preference.

"We done a checkup on it, and that's the way he wants paid, and that's the way the city is going to pay him," City Commissioner Claude Branson told the Herald.

“Basically his next paycheck” could be in bitcoin, Mayor Johnny Cummings said to the paper. “They've set up the accounts for Vicco and for Tony, so it can be transferred.”

"We just want to be on top of things, and up-and-coming and more progressive as a city," the mayor added.

All applicable federal and state taxes will still be chopped from the top of Vaughn’s salary each pay period, Cummings added, but the remainder will be electronically converted and put in the control of a city-run bitcoin account where funds will then be instantaneously transferred to Vicco’s own digital wallet."

HOOOOOOOOOOOOORAY!!!!!!!!!!!!!!!!!!!!!!!!!!!


TOP TUNE!  Send it SLAVE!  http://dai.ly/xcu2fw/123013
FREE #BITCOIN TUTORIALS http://www.open-transactions.com

The Flying Lizards - Money (what else, DUMBO!! #Lulz)!


Mor!

"!After months of regulatory uncertainty in the Chinese Bitcoin community, the People’s Bank of China has announced their first major report regarding the legal and regulatory status of Bitcoin. The document, which can be seen as a parallel of the similar report drafted by FINCEN in March this year, is the first to officially classify Bitcoin in the eyes of the Chinese government, and lays out the restrictions on what Bitcoin-related services various categories of businesses and institutions in China are allowed to provide.
The document, translated into English on Reddit, has five sections, of which the first two are most interesting:
  1. Correct understanding of the properties of Bitcoin. Bitcoin has four main features: lack of geographical restrictions, anonymity, no central issuer and a limited supply. Although Bitcoin is referred to as a “currency”, it is not issued by a monetary authority and does not have the legal tender status of a currency, so it is not at all money in the true sense. Bitcoin should be a specific virtual commodity, and does not have the legal status of a monetary equivalent.
  2. Financial institutions and payment institutions cannot develop Bitcoin-related services. At the present stage, financial institutions and payment institutions may not set a fixed price in Bitcoin for products or services, act as a central counterparty for trading Bitcoin, underwrite insurance related to Bitcoin, directly or indirectly provide other services related to bitcoin, including registration, transaction, clearing and settlement services, issuing Bitcoin-related financial services, or using Bitcoin in investment trusts and funds.
The next three sections are also important, but more mundane. The third section requires Bitcoin sites to register with the telecommunications regulatory authorities, the fourth section clarifies that Bitcoin sites are expected to have anti-money-laundering policies similar to those demanded of US and European exchanges, and finally the last section emphasizes that Bitcoin businesses should help promote the “correct understanding of virtual commodities and currencies, rational investment, control of investment risk and protection of financial safety” and “guide the public to establish a correct conception of money and investment”.

So Is This Good or Bad?"


FULL REGULATION IN ENGLISH NOW :
http://www.open-transactions.com/2013/12/china-bitcoin-peoples-bank-of-china.html

Mor!

中国 #ARRESTS BITCOIN #THEFT **FIVE ARRESTED** #GERMANY


Mor!

((GLOBAL)) #FORBES HEARS ... THE WHITE RABBIT #OT = FUTURE OF #CRYPTOCURRENCIES ((REVOLUTION))


Newb?  You need (and to SEND FRIEND! ;))

#OSS #FOSS Massive Free Software Links List #OT #BTC #FLOSS  http://www.open-transactions.com/2013/12/btc-massive-link-of-free-crypto.html#sthash.CXWyFT0U.dpuf

The White Rabbit!  
#BankstersRabbit   
PS Send friends Hero Humans! That's how we grow!  Send:
TWEET/FACEBOOK(1): #OccupyTheBanks Operation #OTB


No comments :

Post a Comment

Only members (obviously) can comment; no moderation; direct to page.

Note: only a member of this blog may post a comment.

Popular Posts - All Time