Titcoin: Difference between revisions
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== 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>[https://www.fincen.gov/news/testimony/statement-jennifer-shasky-calvery-director-financial-crimes-enforcement-network | 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 April 25 2017 the [[Nevada]] State Senate unanimously approved a bill which recognizes the Blockchain database as an electronic transactions record and prevents local governments from charging taxes and imposing licenses on its use.<ref>[https://www.leg.state.nv.us/App/NELIS/REL/79th2017/Bill/5463/Overview Nevada Electonic Legislative Information System]</ref> | On April 25 2017 the [[Nevada]] State Senate unanimously approved a bill which recognizes the Blockchain database as an electronic transactions record and prevents local governments from charging taxes and imposing licenses on its use.<ref>[https://www.leg.state.nv.us/App/NELIS/REL/79th2017/Bill/5463/Overview Nevada Electonic Legislative Information System]</ref> | ||
== Pornhub sponsorship == | |||
{{#ev:vimeo|92087150}} | |||
On April 15, 2014 [[Pornhub]] announced it would allow firms whom accept Titcoins and photos of customers's breasts as means of payment, to access Pornhub subscription contents for free in exchange for the uploading of the photos. Pornhub stated that it would donate part of the revenues from the photos to the breast cancer research.<ref>[https://vimeo.com/92087150 "Titcoins by Pornhub"] Video, Officer & Gentleman advertising agency, 2015. Vimeo.</ref> | |||
In September 2015 the Café Ruig pub in Amsterdam, EU, let customers pay with Titcoins and photos of their breasts.<ref>[http://www.xbiz.com/news/news_piece.php?id=199182 "Amsterdam Bar to Sell Beer for Tits (and Titcoins)"] XBIZ, Sep 18, 2015.</ref> | |||
== Press coverage == | == Press coverage == | ||
=== Sex industry media === | === Sex industry media === | ||
* Bob Johnson [http://www.xbiz.com/news/180960 | * Bob Johnson [http://www.xbiz.com/news/180960 "Titcoin Aiming to Be Adult's Own Cryptocurrency"] XBIZ, Jun 23, 2014. | ||
* AVN [https://avn.com/business/press-release/technology/patrick-the-coyote-of-wall-street-mcdonnell-joins-titcoin-575066.html Patrick 'The Coyote of Wall Street' McDonnell Joins Titcoin] | * AVN [https://avn.com/business/press-release/technology/patrick-the-coyote-of-wall-street-mcdonnell-joins-titcoin-575066.html "Patrick 'The Coyote of Wall Street' McDonnell Joins Titcoin"] AVN, September 29, 2014. | ||
* Violet Blue. [http://www.playboy.com/articles/titcoin-bitcoin-for-adult-industries "Why Is Wall Street Taking 'Titcoin' Seriously?"] | * Violet Blue. [http://www.playboy.com/articles/titcoin-bitcoin-for-adult-industries "Why Is Wall Street Taking 'Titcoin' Seriously?"] Playboy digital edition, October 24 2014. | ||
== References== | == References== | ||
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* [http://www.coinwarz.com/cryptocurrency/coins/titcoin Mining profitability] at CoinWarz | * [http://www.coinwarz.com/cryptocurrency/coins/titcoin Mining profitability] at CoinWarz | ||
[[Category:Breast cancer]] | |||
[[Category:Discrimination]] | [[Category:Discrimination]] | ||
[[Category:Economics]] | [[Category:Economics]] | ||
[[Category:Finance]] | [[Category:Finance]] | ||
[[Category:Privacy]] | [[Category:Privacy]] | ||