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New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto

 
Capiche!
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08/13/2019 10:14 AM
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New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
he ruling by New Zealand’s tax authority allows salaries and wages to be paid in cryptocurrencies such as bitcoin from September 1, as long as the payments are in regular, fixed amounts. The digital currency of choice must also be pegged to at least one regular currency and must be able to be converted directly into a standard form of payment.

[link to www.zerohedge.com (secure)]
Icey

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08/13/2019 11:01 AM

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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Unless specifically outlawed, it is already legal in every country on Earth.
I am SNOWIE
Daozen

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08/13/2019 11:02 AM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Great. So NZ are the first cryptocucks.
We all collectively change reality when our beliefs change collectively. - ten10

Thread: Imagine the 5G Cashless timeline dissolving, dissolving, dissolving...
Anonymous Coward
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08/13/2019 11:13 AM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
In a few decades NZ's policies will catch up with them in the form of extreme poverty, pollution, crime, and failing infrastructure.
Anonymous Coward
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08/13/2019 11:44 AM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Why?

A couple of hundred dollars today, might only be worth pennies tomorrow, with how volitile crypto currencies are??

What if you are late converting them or exchanging them for actual cash? It might be worth less than what you are supposed to earn??
Too Dark Park™ Two
Six, Three Times

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08/13/2019 11:47 AM

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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Why?

A couple of hundred dollars today, might only be worth pennies tomorrow, with how volitile crypto currencies are??

What if you are late converting them or exchanging them for actual cash? It might be worth less than what you are supposed to earn??
 Quoting: Anonymous Coward 73736940



hesright
Disclaimer: Not a dude. I've tits and a ladyboner.



"Nothing is real. Everything is permitted."



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Anonymous Coward
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08/13/2019 11:50 AM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Allowed to convert to standard form of payment. For now.
Rosicrucian1
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08/13/2019 12:08 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
why a regular fixed amount.. whose pay cheque is exactly the same each and every pay?
Anonymous Coward
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08/13/2019 12:09 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
So now we know New Zealand is harboring the Globalist Cult pedophiles.
Timur2020

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08/13/2019 12:09 PM

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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
This is precisely how you know how bad it and their intentions are. Pirates fun thing was only allowed to get the utterly controlled and vulnerable beast system going. Having nz be first couldnt be a bigger "honest devil up front".
Look at the true teeny tiny sickness of glp freaks and laugh like everybody else does at the completely ugly, dying, "hope and change" They belong in asylums and the middle east: GLP edit: "It’s time for my special spankings, Mommie

I like BBC, everyday and twice on Sundays"
Democrats.....their worms never die lol
Anonymer Feigling

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08/13/2019 12:12 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Godd luck with paying your rent when the crypto is only worth half the next day.
Anonymous Coward
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08/13/2019 12:13 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
I'll laugh when they get hacked and go broke
PirateMonkey
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08/13/2019 12:19 PM

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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
This works for a crypto like DAI. It's network is designed to stay pegged to the USD.

It's widely available and easily convertible in and out of fiat.

[link to coinmarketcap.com (secure)]

Last Edited by PirateMonkey on 08/13/2019 12:21 PM
7/11 was a part time job!
Crypto-Tard

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08/13/2019 12:45 PM

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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Unless specifically outlawed, it is already legal in every country on Earth.
 Quoting: Icey


Correcto. If there's no law against something, you can lawfully do it.
I am a "conspiracy theorist.” I believe men and women of wealth and power conspire. If you don't think so, then you are what is called "an idiot.” If you believe stuff but fear the label, you are what is called "a coward.”
Daozen

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08/13/2019 12:46 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Pirates fun thing was only allowed to get the utterly controlled and vulnerable beast system going.
 Quoting: Timur2020


Yeah they had to make it look edgy. Crypto is cashless in disguise. Which means total global control if people are dumb enough to fall for it...
We all collectively change reality when our beliefs change collectively. - ten10

Thread: Imagine the 5G Cashless timeline dissolving, dissolving, dissolving...
Anonymous Coward
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08/13/2019 12:48 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
This works for a crypto like DAI. It's network is designed to stay pegged to the USD.

It's widely available and easily convertible in and out of fiat.

[link to coinmarketcap.com (secure)]
 Quoting: PirateMonkey


Ty for bringing a bit of truth to this thread.
Otherwise it would have consisted of no-coiner fear mongering.
Anonymous Coward
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08/13/2019 01:10 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Why?

A couple of hundred dollars today, might only be worth pennies tomorrow, with how volitile crypto currencies are??

What if you are late converting them or exchanging them for actual cash? It might be worth less than what you are supposed to earn??
 Quoting: Anonymous Coward 73736940


Or it could be millions tomorrow
Daozen

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Taiwan
08/13/2019 01:28 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
We're not going to fix the world by shunting our value between various quasi-magickal financial instruments. We need to build infrastructure.
We all collectively change reality when our beliefs change collectively. - ten10

Thread: Imagine the 5G Cashless timeline dissolving, dissolving, dissolving...
Anonymous Coward
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08/13/2019 01:46 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Great. So NZ are the first cryptocucks.
 Quoting: Daozen


Not really, if pegged that means fu^ked if the peg goes down, bitcoin is not pegged to any currency.
Anonymous Coward
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08/13/2019 01:48 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
clappa



McAfee loves Apollo. Apollo is the fastest, most secure, anonymous, feature rich currency out there.

The entire African continent can use Apollo as legal tender as a result of Apollo and the ADF teaming together.
Anonymous Coward
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08/13/2019 02:01 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
clappa



McAfee loves Apollo. Apollo is the fastest, most secure, anonymous, feature rich currency out there.

The entire African continent can use Apollo as legal tender as a result of Apollo and the ADF teaming together.
 Quoting: Anonymous Coward 75758325


I want to dump my hard earned money into a Fake Currency suggested by the nut job John McAfee and the dark continent. chuckle
Anonymous Coward
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08/13/2019 02:02 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
clappa



McAfee loves Apollo. Apollo is the fastest, most secure, anonymous, feature rich currency out there.

The entire African continent can use Apollo as legal tender as a result of Apollo and the ADF teaming together.
 Quoting: Anonymous Coward 75758325


You got a link of McAfee saying that?
Anonymous Coward
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08/13/2019 02:08 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
clappa



McAfee loves Apollo. Apollo is the fastest, most secure, anonymous, feature rich currency out there.

The entire African continent can use Apollo as legal tender as a result of Apollo and the ADF teaming together.
 Quoting: Anonymous Coward 75758325


I want to dump my hard earned money into a Fake Currency suggested by the nut job John McAfee and the dark continent. chuckle
 Quoting: Anonymous Coward 66619947


Your dollars are fake money, my fake money bought $3,100 worth of bitcoin on 12/18, now it is $11,000. That fake coin buys 3x's what it bought in December 2018.

What about your fake dollars buying more now then Dec. 2018?

My fake dollars buy less, that is becasue our dollars are fake from Quantitative Easing aka printing more fake money for free is what the Fed Does. My Monopoly Money is worth as much, it is the faith in the dollar Monopoly does not have. That faith keeps us going back to the "Green Back" for "Goods and Services". My monopoly money would be laughed at but the countries is not becasue of the faith in our system.
Anonymous Coward
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08/13/2019 02:08 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
good for new zealand to be the first country to accept "digital" currency.
Timur2020

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08/13/2019 02:10 PM

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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Why?

A couple of hundred dollars today, might only be worth pennies tomorrow, with how volitile crypto currencies are??

What if you are late converting them or exchanging them for actual cash? It might be worth less than what you are supposed to earn??
 Quoting: Anonymous Coward 73736940


Or it could be millions tomorrow
 Quoting: Anonymous Coward 77823391

Not if more and more people use it. Mining becomes no more.

We're not going to fix the world by shunting our value between various quasi-magickal financial instruments. We need to build infrastructure.
 Quoting: Daozen

When they are getting ready to crash a country, you see lots of nouvous, funky currencies and dumb people marching around.
They intend to "break" it.
Look at the true teeny tiny sickness of glp freaks and laugh like everybody else does at the completely ugly, dying, "hope and change" They belong in asylums and the middle east: GLP edit: "It’s time for my special spankings, Mommie

I like BBC, everyday and twice on Sundays"
Democrats.....their worms never die lol
Anonymous Coward
User ID: 77823391
Canada
08/13/2019 02:13 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Why?

A couple of hundred dollars today, might only be worth pennies tomorrow, with how volitile crypto currencies are??

What if you are late converting them or exchanging them for actual cash? It might be worth less than what you are supposed to earn??
 Quoting: Anonymous Coward 73736940


Or it could be millions tomorrow
 Quoting: Anonymous Coward 77823391

Not if more and more people use it. Mining becomes no more.

We're not going to fix the world by shunting our value between various quasi-magickal financial instruments. We need to build infrastructure.
 Quoting: Daozen

When they are getting ready to crash a country, you see lots of nouvous, funky currencies and dumb people marching around.
They intend to "break" it.
 Quoting: Timur2020


Why would mining become no more?
Anonymous Coward
User ID: 66619947
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08/13/2019 02:13 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
clappa



McAfee loves Apollo. Apollo is the fastest, most secure, anonymous, feature rich currency out there.

The entire African continent can use Apollo as legal tender as a result of Apollo and the ADF teaming together.
 Quoting: Anonymous Coward 75758325


I want to dump my hard earned money into a Fake Currency suggested by the nut job John McAfee and the dark continent. chuckle
 Quoting: Anonymous Coward 66619947


Your dollars are fake money, my fake money bought $3,100 worth of bitcoin on 12/18, now it is $11,000. That fake coin buys 3x's what it bought in December 2018.

What about your fake dollars buying more now then Dec. 2018?

My fake dollars buy less, that is becasue our dollars are fake from Quantitative Easing aka printing more fake money for free is what the Fed Does. My Monopoly Money is worth as much, it is the faith in the dollar Monopoly does not have. That faith keeps us going back to the "Green Back" for "Goods and Services". My monopoly money would be laughed at but the countries is not becasue of the faith in our system.
 Quoting: Anonymous Coward 71388910


So your answer to Fake Currency is more Fake Currency. chuckle
Anonymous Coward
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08/13/2019 02:39 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
clappa



McAfee loves Apollo. Apollo is the fastest, most secure, anonymous, feature rich currency out there.

The entire African continent can use Apollo as legal tender as a result of Apollo and the ADF teaming together.
 Quoting: Anonymous Coward 75758325


I want to dump my hard earned money into a Fake Currency suggested by the nut job John McAfee and the dark continent. chuckle
 Quoting: Anonymous Coward 66619947


Your dollars are fake money, my fake money bought $3,100 worth of bitcoin on 12/18, now it is $11,000. That fake coin buys 3x's what it bought in December 2018.

What about your fake dollars buying more now then Dec. 2018?

My fake dollars buy less, that is becasue our dollars are fake from Quantitative Easing aka printing more fake money for free is what the Fed Does. My Monopoly Money is worth as much, it is the faith in the dollar Monopoly does not have. That faith keeps us going back to the "Green Back" for "Goods and Services". My monopoly money would be laughed at but the countries is not becasue of the faith in our system.
 Quoting: Anonymous Coward 71388910


So your answer to Fake Currency is more Fake Currency. chuckle
 Quoting: Anonymous Coward 66619947


Genius and you must be....

My fake money was worth $3000 8 months ago, now it is worth $11,000. Your fake money, $3000 of it will not buy you anymore today than 8 months ago, so you are really smart and us people collecting energy markers are laughing at your intelligence and our ignorance and good fortune.

Define currency for us other than a precious metal or mineral from the earth? Good luck!

Other than natural it is all fake. You a banking major? Consider another field.
Anonymous Coward
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08/13/2019 02:47 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Godd luck with paying your rent when the crypto is only worth half the next day.
 Quoting: Anonymer Feigling


Good luck with paying your rent when the electricity go's off.
Anonymous Coward
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Canada
08/13/2019 02:49 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
Godd luck with paying your rent when the crypto is only worth half the next day.
 Quoting: Anonymer Feigling


Good luck with paying your rent when the electricity go's off.
 Quoting: Anonymous Coward 77916883


What a tard.

Good luck eating and having clean drinking water when the electricity goes.
Anonymous Coward
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08/13/2019 02:53 PM
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Re: New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
he ruling by New Zealand’s tax authority allows salaries and wages to be paid in cryptocurrencies such as bitcoin from September 1, as long as the payments are in regular, fixed amounts. The digital currency of choice must also be pegged to at least one regular currency and must be able to be converted directly into a standard form of payment.

[link to www.zerohedge.com (secure)]
 Quoting: Capiche! 77692509


Shit, they are fucked.

This is how they get rid of cash. And can see how much you earn, and how much you need to pay tax, and where do you spend it and how to control it if you misbehave.





GLP