Titcoin: Difference between revisions
updated media coverage + references |
+ Joy-Toilet, Nevada tax ban |
||
| Line 26: | Line 26: | ||
In September 2015 the Café Ruig pub in Amsterdam, EU, was the first firm to adopt the Titcoin payment system.<ref> XBIZ editorial staff [http://www.xbiz.com/news/199182 ''Amsterdam Bar to Sell Beer for Tits (and Titcoins)''] XBIZ, Adnet Media Limited, Sep 18, 2015.</ref> | In September 2015 the Café Ruig pub in Amsterdam, EU, was the first firm to adopt the Titcoin payment system.<ref> XBIZ editorial staff [http://www.xbiz.com/news/199182 ''Amsterdam Bar to Sell Beer for Tits (and Titcoins)''] XBIZ, Adnet Media Limited, Sep 18, 2015.</ref> | ||
On 28 May, 2017 the pornographic videogames development group Joy-Toilet acquired the Titcoin brand with the intent of developing a cryptocurrency-based exchange for trading adult products and services.<ref name="joytoilet"> Christon “Doop” Le'John, "Making Triple X Tycoon Part 22: Titcoin", Joy-Toilet blog, 28 May 2017, joy-toilet.com/blog/making-triple-x-tycoon-part-22-titcoin/.</ref><ref name="xbizjoytoilet">Stephen Yagielowicz, "Joy-Toilet Acquires Titcoin", XBIZ, Adnet Media, May 30 2017, www.xbiz.com/news/220403.</ref> | |||
On June 3, 2017 Titcoin was adopted as the currency of the [[pornographic film studio]] simulation videogame Triple X Tycoon developed by Joy-Toylet.<ref name="videogame"> OfficialTitcoin, Tweet Number 871067021064249345, Twitter, Twitter Inc., June 3 2017, twitter.com/OfficialTitcoin/status/871067021064249345.</ref> | |||
== Regulations == | == Regulations == | ||
=== United States of America === | === United States of America === | ||
On November 19, 2013 the Department of the Treasury released a statement which defines virtual currencies as values that substitutes for currency.<ref>United States of America. United States Department of the Treasury - Financial Crimes Enforcement Network. [https://www.fincen.gov/news/testimony/statement-jennifer-shasky-calvery-director-financial-crimes-enforcement-network ''Statement of Jennifer Shasky Calvery, Director, Financial Crimes Enforcement Network, United States Department of the Treasury''], November 19, 2013.</ref> On April 14, 2014 the Internal Revenue Service released the "IRS Virtual Currency Guidance" which defines virtual currencies received for performing services as self-employment income for federal tax purposes.<ref> United States of America. Internal Revenue Service. [https://www.irs.gov/irb/2014-16_IRB/ar12.html ''IRS Virtual Currency Guidance'' (IRS Notice 2014–21)], April 14, 2014.</ref> | On November 19, 2013 the Department of the Treasury released a statement which defines virtual currencies as values that substitutes for currency.<ref>United States of America. United States Department of the Treasury - Financial Crimes Enforcement Network. [https://www.fincen.gov/news/testimony/statement-jennifer-shasky-calvery-director-financial-crimes-enforcement-network ''Statement of Jennifer Shasky Calvery, Director, Financial Crimes Enforcement Network, United States Department of the Treasury''], November 19, 2013.</ref> On April 14, 2014 the Internal Revenue Service released the "IRS Virtual Currency Guidance" which defines virtual currencies received for performing services as self-employment income for federal tax purposes.<ref> United States of America. Internal Revenue Service. [https://www.irs.gov/irb/2014-16_IRB/ar12.html ''IRS Virtual Currency Guidance'' (IRS Notice 2014–21)], April 14, 2014.</ref> | ||
On | On June 5, 2017 [[Nevada]] banned the imposition of any tax or fee on the use of the Blockchain distributed database including Titcoin.<ref name="nevada">An act relating to electronic transactions; recognizing and authorizing the use of blockchain technology; prohibiting a local government from taxing or imposing restrictions upon the use of a blockchain; and providing other matters properly relating thereto., Nevada Senate, Senate Bill No. 398 (2017), Chapters 244-268-719 (Nevada Revised Statutes 2017).</ref> | ||
== Media coverage == | == Media coverage == | ||
#Men's fashion magazines | #Men's fashion magazines | ||
| Line 47: | Line 54: | ||
#*Moore lane, [http://www.cosmopolitan.com/sex-love/news/a32693/titcoin-the-new-anonymous-currency-for-buying-porn/ ''Behind Titcoin, the New Anonymous Currency for Buying Porn''], Cosmopolitan Magazine digital edition, Hearst Communications Incorporated, October 30, 2014. | #*Moore lane, [http://www.cosmopolitan.com/sex-love/news/a32693/titcoin-the-new-anonymous-currency-for-buying-porn/ ''Behind Titcoin, the New Anonymous Currency for Buying Porn''], Cosmopolitan Magazine digital edition, Hearst Communications Incorporated, October 30, 2014. | ||
== References== | == References== | ||
{{reflist|}} | {{reflist|2}} | ||
== External links == | == External links == | ||
* [http://www. | * [http://www.joy-toilet.com/titcoin/ Titcoin] official webpage | ||
* [http://coinmarketcap.com/currencies/titcoin/ | * [https://github.com/OfficialTitcoin/titcoin-wallet Titcoin wallet] at GitHub | ||
* [https://www.worldcoinindex.com/coin/titcoin | * [http://coinmarketcap.com/currencies/titcoin/ Titcoin market capitalization] at Coinmarketdotcom | ||
* [http://www.coinwarz.com/cryptocurrency/coins/titcoin | * [https://www.worldcoinindex.com/coin/titcoin Titcoin market capitalization] at WorldCoinIndex | ||
* [http://www.coinwarz.com/cryptocurrency/coins/titcoin Titcoin mining profitability] at CoinWarz | |||
[[Category:Breast cancer]] | [[Category:Breast cancer]] | ||
[[Category:Discrimination]] | [[Category:Discrimination]] | ||
[[Category:Economics]] | [[Category:Economics]] | ||
[[Category:Marketplace]] | |||
[[Category:Finance]] | [[Category:Finance]] | ||
[[Category:Privacy]] | [[Category:Privacy]] | ||