<p>Imagine a marketplace where all nominal money prices are the same for products (for tax purposes), but you gain and lose "reputation" in the form of a Bitcoin style transaction. </p>

<p>Case 1: Those who have provided the most value in actual wealth (goods and services) to others, gain reputation (repcoins?).  The money price could be $1, and that is what anyone who pays taxes, calculates that tax, based on. Say you buy a used laptop for $1 + 2 repcoins. You calculate tax, based on the $1. </p>

<p>Case 2: One might even ostensibly "collect" dollars with particular characteristics of serial number or whatever, so that you buy the "collectible" dollar, for $1 + 2 repcoins and the laptop is a free gift. That way, no one could accuse you of tax dodging. You paid for the product you wanted (the dollar) They threw in the laptop. </p>

CC BY-SA 3.0
2015-10-30T13:09:09.917Z
I think the main benefit would be using something with the characteristics of the blockchain. Basically a decentralized list of reputation that can be confirmed by each user and cannot be gamed.
Charles S
CC BY-SA 3.0
2015-10-30T14:25:56.947Z
Taxes are usually based on the fair market value of goods and services exchanged, not solely on money.
Nate Eldredge
CC BY-SA 3.0
2015-10-30T15:19:53.720Z
This question reminded me of http://xkcd.com/1494/
Nate Eldredge
CC BY-SA 3.0
2015-10-30T16:42:14.010Z
nate,  the good exchanged is worth a dollar. ;)
Shane Maness
CC BY-SA 3.0
2015-10-30T17:12:42.040Z
@ShaneManess I'm not sure what you're going for. Are you trying to create a tax dodge? (In that case, I don't think this will fool the IRS.) Are you trying to create a reputation system? (In that case, the laptop seller might have a lot of repcoins, even though everyone hates his guts.)
Nick ODell
CC BY-SA 3.0
2015-10-30T17:16:13.333Z
nick.  dodge, like the dog/pig trades used to circumvent the price controls on pigs in WWII Germany
Shane Maness
<government>
Is it possible to use the Bitcoin technology as a reputation system for sales?
Shane Maness
# Is it possible to use the Bitcoin technology as a reputation system for sales?

(Asked by: username_0 on 2015-10-30)

Imagine a marketplace where all nominal money prices are the same for products (for tax purposes), but you gain and lose "reputation" in the form of a Bitcoin style transaction.

Case 1: Those who have provided the most value in actual wealth (goods and services) to others, gain reputation (repcoins?). The money price could be $1, and that is what anyone who pays taxes, calculates that tax, based on. Say you buy a used laptop for $1 + 2 repcoins. You calculate tax, based on the $1.

Case 2: One might even ostensibly "collect" dollars with particular characteristics of serial number or whatever, so that you buy the "collectible" dollar, for $1 + 2 repcoins and the laptop is a free gift. That way, no one could accuse you of tax dodging. You paid for the product you wanted (the dollar) They threw in the laptop.

**Tags:** government

> **Comments:**
> **username_1**: I think the main benefit would be using something with the characteristics of the blockchain. Basically a decentralized list of reputation that can be confirmed by each user and cannot be gamed.  
> **username_2**: Taxes are usually based on the fair market value of goods and services exchanged, not solely on money.  
> **username_2**: This question reminded me of http://xkcd.com/1494/  
> **username_0**: username_2,  the good exchanged is worth a dollar. ;)  
> **username_3**: @username_0 I'm not sure what you're going for. Are you trying to create a tax dodge? (In that case, I don't think this will fool the IRS.) Are you trying to create a reputation system? (In that case, the laptop seller might have a lot of repcoins, even though everyone hates his guts.)  
> **username_0**: username_3.  dodge, like the dog/pig trades used to circumvent the price controls on pigs in WWII Germany  

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## 0 answers

