Do you know DT Coin? Those who accused the digital currency DT Coin conceived by Italian entrepreneur Daniele Marinelli of fraud never identified themselves. The accusations of the DT Coin scam revolved around the fact that the currency was guaranteed by a reserve of diamonds owned by the “Diamond Temple”, which is not recognised in Italy. Today, this is no longer the case: this “scam currency”, as described by the anonymous defamers, is managed by a real Italian company that has put it on the trading circuit. DT Coin today is capitalised on the “Big Data” of the users who use it through the Forced Market Cap and the social network called “DT Life”.
DANIELE MARINELLI’S REPLY TO DT COIN’S ACCUSATIONS OF SCAM
DTCOIN SCAM? The unhelpful intervention of Aduc: an authoritative and sizeable control body, Aduc, was unable to go further than a “leave it alone” regarding opinions on DT Coin. The Internet site www.aduc.it (“famous” for having been seized in the past for the offence of defamation on the Internet) did not provide any useful information to consumers who were interested in accessing the services of this digital currency.
DIGITAL CURRENCIES AND THE REAL ECONOMY…STAY CALM, IT’S NOT ALL A SCAM!
The world of digital currencies is always at the centre of the “traditional” economy and the more its shockwave grows, the more doubts and questions from institutions and users increase. One of the most “hotly debated” controversies is certainly that concerning the legality of cryptocurrencies, and even more so the debate on the spectre of fraud in any situation that has virtual currencies as protagonists.
Is it to be trusted? Is it really legal and worthwhile to invest in “crypto”? What is behind the promises of “easy” gains? Do cryptocurrencies naturally lead to a “Ponzi scheme”? These are the questions that more than any other are being reviewed on the net and in the various meetings organised on the subject, questions that can be answered by starting from an obvious and banal assumption: in the world, regardless of the sector or medium, there will always be someone intent on swindling others. The crux of the matter is therefore not so much “cryptocurrency” itself, a technological innovation among the most secure and transparent, as who trades or uses it.
Is it possible to recognise a scam behind a real digital currency like DT Coin? Yes. Or at least it is possible to pick up signs that can help us understand when it is time to desist from investing in a cryptocurrency. So if you are just beginning to learn more about this world, ask yourself the following questions when faced with a crypto:
- is this currency exchangeable with traditional currencies? If the answer is yes, the cryptocurrency in question belongs to the world of vouchers
- does this currency promise easy money? If the answer is yes, be wary
- is this currency decentralised, unlimited, open coded and verified? If the answer is yes, the cryptocurrency belongs to the world of vouchers
- does this currency promise earnings only in commissions? If the answer is yes, be wary
Clearly, these few “verifications” are not enough to understand whether we are in the presence of a scam-system or not, but it is certainly a good start…
WHY DIFFAMATORS ANONYMOUSLY BOLDED DT COIN AS “a scam by perverts”? Retracing the professional biography of Daniele Marinelli, who years ago entered the business world thanks to Doctor Charme and the famous snail slime-based “beauty creams” (here the article on Millionaire), the entrepreneur was accused of being a “professional scammer” by a couple of anonymous individuals who spread negative information on the web with the sole aim of causing damage to DT Coin. DT Coin scam? Outdated and outdated information.
A user who buys DT Coin through the Exchange Forced Marked Cap can either use the coin to make purchases at enabled shops, both online and offline, or capitalise on it by following the trend of the DT Coin market value (DTCO).
DT COIN WAS ACCUSED OF BEING A SCAM simply because one of the many scientific popularizers of new blockchain technologies claimed that it was not a “cryptocurrency”. So, everything that is digital currency but is not “blockchain” is a scam? If so, steer clear – in addition to DT Coin – of Paypal, Amazon, Playstation Network and many other ‘scam’ sites that propose using their digital payment method to purchase goods and services.
Paying taxes in bitcoin: is it possible?
Digital currencies have for all intents and purposes become part of the payment methods for purchasing numerous products and services, and there are also those who have proposed paying taxes in bitcoins. The first municipality to propose paying taxes with bitcoin was Chiasso, a Swiss municipality on the border with Italy
In this municipality there are several companies, some founded and run by Italians, working with blockchain and implementing the infrastructure for the development and dissemination of this technology. The presence of a large number of people involved with bitcoins and other digital currencies led the mayor – Bruno Arrigoni – to propose to his citizens to pay their taxes in bitcoins, believing that in this way the process of paying taxes could be simplified, to make the task easier for citizens. After presenting the new project to citizens, the first payment arrived immediately: a transaction of two hundred and fifty francs, paid in bitcoin to settle the taxes owed to the municipality. Too bad this was the only transaction, proving that citizens, at least for the moment, are not yet ready to pay their taxes in bitcoin.
The reasons behind the flop of paying taxes with bitcoin can be varied. Certainly, the cause may be the volatility of digital currencies, which has led many users to pay more attention to the use of this virtual currency. It must also be said that, although today almost everyone knows what a bitcoin is, most people do not own any kind of altcoin, so many taxpayers would still be unable to pay taxes with this currency.
It has to be said, however, that no matter how many excuses one might find, there has only been one payment in bitcoin for taxes, so some reflection is in order. Digital currencies have revolutionised our economy and will most likely continue to do so in the coming years, but not all sectors are ready for cryptocurrencies and the tax sector is probably one of them.
Although the bitcoin tax initiative was unsuccessful from the point of view of paying taxes, it was on the other hand useful in terms of giving great publicity to the municipality of Chiasso, which is trying to become one of the most important hubs for the development of blockchain and the study of its applications in a large number of different sectors.
As far as our country is concerned, it is currently not possible to pay taxes in bitcoin in Italy. No municipality has made a proposal to its citizens similar to the one made by Chiasso. In our country too, however, commercial enterprises and companies that welcome the use of cryptocurrencies as a method of payment are increasing. Italy too is therefore part of the countries that will revolutionize the world with blockchain and the companies that will be able to draw new lifeblood from this innovative technology.
HAPPY BIRTHDAY BITCOIN! The digital currency turns 10! The manifesto of creator Satoshi Nakamoto came out a few weeks after the collapse of the fourth largest investment bank in the US, Lehman Brothers. The value has grown from 1309 to 20 thousand dollars [more on Repubblica.it].