DUNA on the other hand might protect from personal liability; dunno, it requires a lot of careful work
Shit Punk Says
Oceans of Wisdom
20,678
matching drops
#1574220
2026-10-24 20:01
i want to see if we can avoid it
so since my design principle is BTC
is there is none of this
what i like about BTC
dunno
etc etc
assign reps to register
put another
then you need to vote to change the wrapper
later president AOC bans wrappers or whatever
right now crypto friendly admin
wrapper works too but introduces other issues that are edge issues but real
i think it is better to not take possession of money you don't want to be taxed on
and if we want 1 ETH from the next meme card to go to @[maybe] it just goes directly to maybe
my best guess so far is we pick the grantees in advance
maybe
Is there not some magic thing that will allow us to do exactly what we want with no trade-offs?
what does this mean
Stupid question: no such thing as a free open decentralized wrapper in this context?
it works but at the cost of some centralization
to serve as blocker
the purpose of the wrapper is to isolate the taxes to the wrapper
we are creating a wrapper at work. I am not sure the same logic would apply here but TBD
the US tax treatment of that is not "the sale of the lemonade is tax free"
if i say: "I am selling this lemonade with @[maybe] but we are not going to spend the money and we will give it later to someone else"
dunno
each grantee would be the ultimate recipient. everything else is automated and never controlled
the risk of not picking a jurisdiction is that everyone decides they are your jurisdiction
the negative of a wrapper is that there is a wrapper
the benefit of a wrapper is you can pick a jurisdiction
dunno, "where" is this thing
unless the validators each control a sliver of it for voting on proposals but dont actually receive the funds and no one ever controls it until disbursement, right?
so you either wrap it in an entity and isolate the tax to an entity and jurisdiction (doable but adds some centralization) or you distribute to validators which is fine but then you don't have a treasury
the sale of the card is likely a taxable event!
(aside from the artist)
(aside from the artist)
who is getting taxed
when we sell a meme card for eth
different topic
but also we should make 6529 tokens claimable so you only pay taxes when you claim some
it gets more confusing
if you build a treasury with income)
(the individual based on their local tax regime)
it is clear who pays the taxes
if you flow all income to the individuals
what i mean is this
yeah i know about it
the answer is somewhere between daemon/freedom and the last firewall
daemon/freedom getting literal
the hard part is dealing with taxation
that is not the hard part
can convert to stables too etc etc
and network will collect ETH 3x/week
yes
yah i think so - to be more precise i think we will need money
yes all this is doable and will happen
I think at some point we’ll face a vote on an important decision within the Network. There will probably be a need for shared funds that can only be unlocked with a certain TDH threshold, etc. It’s going to be really interesting to see how far we can get.
"safe with TDH lock" is fine but if attacker has physical access they just blow the lock