General Discussions - Bitcoins - What is your opinion.

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Bitcoins - What is your opinion.

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Forum Name: General Discussions
Forum Description: Non-Esoteric Masonic Discussions
URL: http://forum.mastermason.com/forum_posts.asp?TID=12575
Printed Date: April/24/2024 at 3:08pm
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Topic: Bitcoins - What is your opinion.

Posted By: GrimoireA3
Subject: Bitcoins - What is your opinion.
Date Posted: April/07/2016 at 8:51am

I am attending a talk on Bitcoins this afternoon 4-7-16 at MIT (E51-345) and wondered if any Masonic lodge could benefit from on-line currency trading or usage? Whaddayathink?

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Please Note: I am not a Mason. And also, I am not an anti-Mason!

Replies:

Posted By: BroScubaSteve
Date Posted: April/07/2016 at 11:29am

It is too much of a tax liability for a Lodge to use bitcoin.

We enjoy certain exemptions (varies by jurisdiction) and using bitcoin may jeopardize that.

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Initiated 4-22-13
Passed 5-29-13
Raised 6-27-13

Junior Deacon
F&AM GLNJ
32°AASR NMJ, Southern Valley of NJ