hellow0rldz

True, I think the HN moderators have an anti-crypto mandate.

Which is odd considering Coinbase was a YC unicorn. Besides AirBNB how many unicorns did YC finance throughout the years?

What you wrote is an invention. Code is law came from, let's say, "techno utopians" that really believed you can programatically organize this way. See the concept of DAO for example.

So, code is law came from programmers that thought code is law. It's not a misunderstanding.

The ETH fork was caused about the difference wrt code is law.

Same question to you: is there a written order from the President saying this? Is it public somewhere? If not, it's just PR.

Is there a written order from the President saying this. Is it public somewhere? If not, it's just PR.

No he did not. He gave a "direction". Which, legally, means almost nothing.

> “Going forward, consistent with the President’s direction, this Department of Justice – in a change to its longstanding practice – will not seek compulsory legal process in leak investigations to obtain source information from members of the news media doing their jobs,” Anthony Coley, Justice Department spokesman, said in a statement.

They are changing a "practice".

One uses laws to prevent practices one does not like, not "directions".

Oh, he is. But it's good PR to make positive statements while doing whatever you want.

Go away troll.

You are downvoted but I can confirm the only time I was almost assaulted as a tourist was in the Paris metro. Then I came outside and it looked like a Mad Max scenario with somebody casually selling corn baked in a barrel fire.

The US can tax US corporations anyway it sees fit.

What do other countries have to do with it?

Read the subtitle:

>The Biden administration wants other countries to back a minimum tax as part of its plan to raise the U.S. corporate tax rate to 28 percent from 21 percent.

This makes no sense. Is the IRS a global institution now?

Precisely. But instead of solving this problem inside US they want to re-engineer the whole globe.

Most countries are mad about multinationals, most of them rich US multinationals. If the US would do a proper job of taxing their own corporations none of this would be necessary.

Interesting how this is just in time for the Dutch sandwich scheme to expire. Clearly something else was missing!

Last I checked the US tax code does this already. If the US tax rate is higher you pay the difference!

Thank God the US is taking charge of the GLOBAL finances. What could go wrong!?

This is ladder pulling. Who needs smaller countries competing on fiscal rates when all tech should be registered in Dellaware?

Note how it's a small 15% to start with. If this goes through and all the treaties are in place moving it to 25% should be much easier.

Maybe the US should investigate all the creative ways US corporations pay so little tax anywhere. It's a problem caused by US and US corporation and now they come to provide a solution.

Meh, aren't cross-Atlantic flights potentially re-routed through US soil?

Isn't it common that flights to Canada need to make an emergency landing which conveniently allows US customs to filter passengers?

Diverting planes seems something that states just do.

This time it's a smaller state that uses big boy tools.

It's not paranoia if you are right.

Not sure how this is a problem since I assumed most cloud providers severely control and throttle IO.