Welcome to ECCIE, become a part of the fastest growing adult community. Take a minute & sign up!

Welcome to ECCIE - Sign up today!

Become a part of one of the fastest growing adult communities online. We have something for you, whether you’re a male member seeking out new friends or a new lady on the scene looking to take advantage of our many opportunities to network, make new friends, or connect with people. Join today & take part in lively discussions, take advantage of all the great features that attract hundreds of new daily members!

Go Premium

Go Back   ECCIE Worldwide > General Interest > Main Discussion Forum - National
test
Main Discussion Forum - National General discussions, but not limited to your local scene. (For staff assistance, contact your local moderator, or see the "Emails to the Staff" post in the Questions for the Staff forum in each city)

Most Favorited Images
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
Most Liked Images
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
  • Thumb
Top Reviewers
cockalatte 646
MoneyManMatt 490
Still Looking 399
samcruz 399
Jon Bon 396
Harley Diablo 377
honest_abe 362
DFW_Ladies_Man 313
Chung Tran 288
lupegarland 287
nicemusic 285
You&Me 281
Starscream66 279
George Spelvin 265
sharkman29 255
Top Posters
DallasRain70793
biomed163231
Yssup Rider60955
gman4453294
LexusLover51038
offshoredrilling48654
WTF48267
pyramider46370
bambino42591
CryptKicker37218
The_Waco_Kid37009
Mokoa36496
Chung Tran36100
Still Looking35944
Mojojo33117

Reply
 
Thread Tools
Old 10-08-2021, 08:17 AM   #1
ICU 812
Valued Poster
 
ICU 812's Avatar
 
Join Date: Aug 5, 2010
Location: Houston Area
Posts: 6,070
Encounters: 15
Default The End Of Cash: How Will This Affect The Hobby?

And there it is: The end of hard cash currency.


https://www.msn.com/en-us/money/mark...ist/ar-AAPeZxI
ICU 812 is online now   Quote
Old 10-08-2021, 08:44 AM   #2
Grace Preston
Madame Moderator
 
Grace Preston's Avatar
 
User ID: 123904
Join Date: Feb 27, 2012
Location: Restaurant at the End of the Universe
Posts: 9,692
My ECCIE Reviews
Default

If you want to post opinion pieces-- post them in the damn political forum.
Grace Preston is offline   Quote
Old 10-08-2021, 09:07 AM   #3
ICU 812
Valued Poster
 
ICU 812's Avatar
 
Join Date: Aug 5, 2010
Location: Houston Area
Posts: 6,070
Encounters: 15
Default

Nice legs Grace!

What will an all-electronic-transaction economy mean for you?
ICU 812 is online now   Quote
Old 10-08-2021, 10:50 AM   #4
Grace Preston
Madame Moderator
 
Grace Preston's Avatar
 
User ID: 123904
Join Date: Feb 27, 2012
Location: Restaurant at the End of the Universe
Posts: 9,692
My ECCIE Reviews
Default

Direct quote from the article posted:



"While the chances of adopting a digital currency within the near future are slim, digital payments have grown exponentially within the past few years, giving credence to the notion that the U.S. is moving towards a digital economy."


You'll pardon me if I don't chicken little over this... right?


Moreover-- what would be my personal impact? Zero. I pretty much never touch cash anymore unless I make a random trip to Dallas to see old friends. I have 2 clients in my area that both pay me online and the majority of my income is derived from my direct deposits from my real world job.
Grace Preston is offline   Quote
Old 10-08-2021, 01:53 PM   #5
ICU 812
Valued Poster
 
ICU 812's Avatar
 
Join Date: Aug 5, 2010
Location: Houston Area
Posts: 6,070
Encounters: 15
Default

Grace: I am sincerely happy for you that things are going well. As far as I am concerned . . .we're good.

Lately, this subject ahs crawled under my tin-foil hat and gotten my attention. In conjunction with the reported possibility of banks being required to report relatively low amount transactions (in-flow and out-flow) to the IRS I find also troubling.

I have always sought to keep my Hobby activity paper-trail and electronic footprint free. These two parallel economic trends make that increasingly difficult.
ICU 812 is online now   Quote
Old 10-10-2021, 06:42 PM   #6
pmdelites
consulting for delites
 
pmdelites's Avatar
 
Join Date: Apr 2, 2009
Location: Dallas TX
Posts: 19,714
Encounters: 124
Default

there is a difference between govt sponsored payment accts ( USAPayPal, for example), cryptocurrencies and cash.

if, and that's a fucking BIG IF (and prolly not in my lifetime), cash disappears, then payments to adult sex providers will be digital.

in my opinion, from my read of the proposed reporting regulation (which i believe you've mis-characterized above), the providers would be more at risk than the clients.
unless the govt can prove beyond a reasonable doubt that the payer gave it for sex, so what? it's not illegal to give money to someone. it is illegal to not report it and pay any taxes due.
pmdelites is offline   Quote
Old 10-11-2021, 11:56 AM   #7
Unique_Carpenter
Chasing a Cowgirl
 
Unique_Carpenter's Avatar
 
Join Date: Oct 19, 2013
Location: West Kansas
Posts: 31,431
Encounters: 89
Default

Grace is quite correct.
It's simply quite easy to move funds over to my barber's, house cleaners, auto detailers, pet sitters, window washers, lawn care, etc, etc, accounts.

And btw Grace, highly distracting ankles as well.
Unique_Carpenter is offline   Quote
Old 10-11-2021, 01:28 PM   #8
JRLawrence
Valued Poster
 
JRLawrence's Avatar
 
Join Date: Apr 22, 2009
Location: Somewhere East
Posts: 4,400
Encounters: 38
Default

Quote:
Originally Posted by ICU 812 View Post
Grace: I am sincerely happy for you that things are going well. As far as I am concerned . . .we're good.

Lately, this subject ahs crawled under my tin-foil hat and gotten my attention. In conjunction with the reported possibility of banks being required to report relatively low amount transactions (in-flow and out-flow) to the IRS I find also troubling.

I have always sought to keep my Hobby activity paper-trail and electronic footprint free. These two parallel economic trends make that increasingly difficult.
As reported by the Wall Street Journal, the banks required will be required to report any account activity on accounts VALUED at over $600. That will cover most transactions, it is not $600 or more in transactions. Who has accounts that totals less than $600 in the account?

The way I took that: if you use a credit card on your account for a $200 visit to a lady friend, and your account has more than $600 in it, then your transactions may be monitored by the Feds.

It will be automatic. For example: Karen Klap is know to the police, and you have seen her 6 times in the last 6 months and you pay by credit card - that could be found in under a second because of the electronic tracing on who deposited the CC.

Wow! I think I will just draw out my own money and pay by cash.

I won't be seeing Karen Klap, just because she only accepts credit cards.

JRLawrence is offline   Quote
Old 10-11-2021, 01:37 PM   #9
JRLawrence
Valued Poster
 
JRLawrence's Avatar
 
Join Date: Apr 22, 2009
Location: Somewhere East
Posts: 4,400
Encounters: 38
Default

Quote:
Originally Posted by Grace Preston View Post
Direct quote from the article posted:



"While the chances of adopting a digital currency within the near future are slim, digital payments have grown exponentially within the past few years, giving credence to the notion that the U.S. is moving towards a digital economy."

You'll pardon me if I don't chicken little over this... right?

......
You understand that this is just a NOTION. Good for you. we should pardon the guys that can't understand the joke.


Really guys, this is about how to build a case against specific people. Even if these type of records are available, would the not require a court order to enable them be used against you?

Just asking, because I am not a lawyer.

JRLawrence is offline   Quote
Old 10-18-2021, 07:34 PM   #10
Salty Again
Valued Poster
 
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 10,070
Default

... No sense getting yer knickers in a twist.
It aint a cash-less society YET.

Bring yer coins. Put 'em in her slot.
Just like those olde coin machines.

"Milk, milk. And below - lemonade.
And around the corner - fudge is made!"

### Salty
Salty Again is offline   Quote
Old 10-19-2021, 05:10 AM   #11
ICU 812
Valued Poster
 
ICU 812's Avatar
 
Join Date: Aug 5, 2010
Location: Houston Area
Posts: 6,070
Encounters: 15
Default

Quote:
Originally Posted by JRLawrence View Post

Really guys, this is about how to build a case against specific people. Even if these type of records are available, would the not require a court order to enable them be used against you?

Just asking, because I am not a lawyer.



If I can think up something intrusive way to further abuse everyone, so can someone else. And just because I have OT figured out a way to be abusive/intrusive doesn't mean that someone with a sophisticated knowledge of this stuff won't.

For example: Ladies that travel will leave a trail of electronic footprints as they deposit donations, "proving" that they were in town. Same for the gents.

Remember the NSA scandal post Wiki revelations about data-mining the accumulated phone records of just about anyone? They are still doing that.
ICU 812 is online now   Quote
Old 10-24-2021, 10:39 AM   #12
Ripmany
BANNED
 
Ripmany's Avatar
 
Join Date: Feb 17, 2018
Location: Ok
Posts: 4,288
Encounters: 16
Default

I pretty sure if cash ended a $5.00 eagle will get you a good time.
Ripmany is offline   Quote
Old 10-24-2021, 11:54 AM   #13
ICU 812
Valued Poster
 
ICU 812's Avatar
 
Join Date: Aug 5, 2010
Location: Houston Area
Posts: 6,070
Encounters: 15
Default

Quote:
Originally Posted by Ripmany View Post
I pretty sure if cash ended a $5.00 eagle will get you a good time.
So forget paper money and cripto-bits . . .

Back to the Gold Standard!
ICU 812 is online now   Quote
Old 10-24-2021, 12:24 PM   #14
Grace Preston
Madame Moderator
 
Grace Preston's Avatar
 
User ID: 123904
Join Date: Feb 27, 2012
Location: Restaurant at the End of the Universe
Posts: 9,692
My ECCIE Reviews
Default

Most of this is all about taxing the people that have been dodging taxes. Even when I was a full time heaux... I paid my taxes on my earnings. Hard to build a future, buy a house, have social security put back without paying taxes.



The IRS doesn't care what you do for a living-- they just want their damn cut. All of the alphabet soup boys couldn't do shit to Capone-- it took the IRS getting involved to put him down.
Grace Preston is offline   Quote
Old 10-24-2021, 03:52 PM   #15
Unique_Carpenter
Chasing a Cowgirl
 
Unique_Carpenter's Avatar
 
Join Date: Oct 19, 2013
Location: West Kansas
Posts: 31,431
Encounters: 89
Default

Quote:
Originally Posted by Grace Preston View Post
Most of this is all about taxing the people that have been dodging taxes. Even when I was a full time heaux... I paid my taxes on my earnings. Hard to build a future, buy a house, have social security put back without paying taxes.

The IRS doesn't care what you do for a living-- they just want their damn cut. All of the alphabet soup boys couldn't do shit to Capone-- it took the IRS getting involved to put him down.
Thread winning post right here^^^^
Unique_Carpenter is offline   Quote
Reply



AMPReviews.net
Find Ladies
Hot Women

Powered by vBulletin®
Copyright © 2009 - 2016, ECCIE Worldwide, All Rights Reserved