Present Value of Bitcoin Financing Alternatives #2

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Status of Bitlander Coin Earnings:  Transfer for Value or Bitcoin?

Whether Bitlander Earnings qualify as transfers for value or Bitcoin is a surprisingly complex question, as, in its complete form, requires an analysis of the interactions between earners in locations with many different currencies.

A question arises as to whether to render determination based on (1) whether the earner's works for less than the earner would make if the earner provided the same services given a compensation arrangement involving standard compensation, or (2) whether the the earner acquires the bitcoin for an immediate conversion into fiat currency, or for some other transfer immediate transfer for value, or holds onto the bitcoin as savings, in anticipation of a bitcoin market value increase.

Earners on Bitlanders sometimes perform tasks for jobs which they could not otherwise obtain.   However, they work at substantial below market value for the services provided.   Accordingly, their earnings would qualify as a transfer for bitcoin using this definition.

However, earners on Bitlanders usually transfer their earnings immediately for fiat currency.  Their earnings would qualify as the transfer for value using this definition. 

This analysis seemingly leads to ambiguous results.   However, there is another factor which often provides a more definitive answer.  



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