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Volition
volition@bchnostr.com
npub13j3y...9tpq
Life is the standard by which to judge good and evil | Objectivist | 💚 BCH | 💜 Nostr | 🇳🇿 New Zealand
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Volition 1 week ago
Listen to "Culture Of the Chain (1)" on BCH Radio
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Volition 2 weeks ago
BCH back in the Coinmarketcap.com top 20! image
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Volition 3 weeks ago
Grok on cryptocurrency adoption in the US and globally: Crypto adoption has grown significantly: - U.S. ownership: Around 25-30% of American adults own cryptocurrency (roughly 70+ million people), up from lower teens earlier in the decade but stabilized after earlier booms. It’s mainstream among younger and higher-income groups, with strong institutional inflows (e.g., Bitcoin ETFs). - Global adoption: Strong in places like India, Nigeria, Indonesia, Vietnam, and parts of Asia/Latin America for remittances, hedging inflation, and DeFi. The U.S. ranks high in overall activity and institutional use. - Growth drivers: Speculation, innovation (tokenization, stablecoins), and hedging fiat risks. [Add fast low cost transactions BCH.]
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Volition 3 weeks ago
New Zealand 🇳🇿 centric post. Dr Muriel Newman elucidates the emergence of race-based laws in New Zealand 🇳🇿 and their potential to stifle productivity and fuel corruption. This is a critical issue ahead of the 7 November 2026 election. Reversing this trend is essential to halt the institutionalisation of racial preferences in law and restore equal opportunity as the standard — along with strong protection of universal human rights. Including racial preferences in law wastes valuable time and administrative effort, distracts from real economic priorities, and undermines success based on merit.
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Volition 3 weeks ago
Good morning. So nice to wake up with BCH over US$200!
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Volition 3 weeks ago
From Grok: Key points on crypto taxation in the Philippines: • Cryptocurrencies like BCH are generally treated as digital or virtual assets (property), not as currency. Gains or income from them (e.g., from trading, selling, or receiving as payment) are typically included in gross income and subject to regular income tax rates (graduated rates for individuals) or capital gains tax where applicable.  • There is no dedicated de minimis rule (e.g., exempting small gains under a certain peso amount like $200–$600 in some US proposals) for crypto transactions. All realized gains are generally reportable and taxable unless specifically exempted by law.  • The Bureau of Internal Revenue (BIR) requires proper documentation and reporting. Small transactions still need tracking for tax purposes, though enforcement may focus more on larger amounts. • Related rules exist for employee de minimis benefits (fringe benefits) or import duties, but these do not apply to crypto transactions.  For the most current and personalized advice, consult the BIR, a Philippine tax professional, or official guidelines, as rules can evolve and depend on whether the activity is treated as business income, investment, etc. Regulations may reference BSP advisories on virtual assets.