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Re: ecash lottery (Was: ecash casino)
At 2:00 AM 11/30/95, Dr. Dimitri Vulis wrote:
>[email protected] (Ian Goldberg) writes:
>> So; is there a problem with the implementation outlined above?
>What about the income tax on winnings?
That's a good one! A bit subtle as humor, though.
(For many of us, even most of us, the whole _attraction_ of such gambling
schemes--to the extent any gambling scheme can ever be attractive to a
rational person--is the tax avoidance. And any scheme that allows taxation
of winnings, but not losses on individual bets, would kill this proposal
Views here are not the views of my Internet Service Provider or Government.
Timothy C. May | Crypto Anarchy: encryption, digital money,
[email protected] 408-728-0152 | anonymous networks, digital pseudonyms, zero
Corralitos, CA | knowledge, reputations, information markets,
Higher Power: 2^756839 | black markets, collapse of governments.
"National borders are just speed bumps on the information superhighway."