Skip to main content

Land Rights in Kenya: Land Rates and Taxes.

  in 2015 having been suspended in 1985. CGT is charged at the rate of 5% of the gain. There are various exemptions on CGT provided under the ITA. The tax on rental income is a tax arising from the gains and profits for occupation of property. The ITA provides for various ways of taxing rental income; Where the rent is payable to a non-resident, the tenant is required to withhold 30% of the rent and remit it to the Kenya Revenue Authority. The tax withheld is a final tax. Where the rent is payable to a resident, if the property is commercial, the tenant being an appointed agent, is required to withhold 10 % of the rent. The tax withheld is not a final tax and the landlord is required to file their income tax in the usual way. Where the rent is payable to a resident and the property is residential, the landlord may opt to either pay a monthly rental income tax, computed at 10 % of the gross rent a (final tax) or pay the instalment tax and final income tax in the usual way. Stamp dut...

Craig Wright Is Satoshi Nakamoto

 

Craig Wright Is Satoshi Nakamoto

Maybe later I'll cite some sources here and give some explanation. I've been around Bitcoin for a long time, most of you who know me will know that. I'm happy to tell my stories there if you are interested.

I don't mean to say I'm magically qualified to make this claim, but I like to think I have a little bit of weight on the topic of Bitcoin than a complete outsider or someone who bought at $19k.

Craig Wright is (probably) Satoshi Nakamoto.

You may not like him or what he stands for, and that's fine. You may be taken off guard that he's not a super anarcho-capitalist, anti-statist (I was). But more than likely, he is. He openly claims it on video, in court cases, in copyrights, and is setting himself up for a ton of trouble if he's not.

Maybe he knows Satoshi is dead and he can "take his place". Not a bad theory. I'd say though, it's him. Watching him on video, he talks and acts in a way that I can see it. He's the guy, but because he's been so anonymous for so long, he's appeared as this "perfect" being. When you see his flaws, it's uncomfortable because I think many of us somehow thought he was more than human. He's not.

I have a friend who finally helped encourage me to look into it and see the light. The more I listen to Craig, the more I like him. I don't agree with him on everything. But he seems to mean well and probably knows more about how the world works than I do. I won't claim to be humble and back down with my opinions, I just recognize that he may well be right.

Now with that out of the way, maybe you don't like his vision for Bitcoin and Bitcoin SV. That's okay. Maybe he was sharp enough to make it, but he's lost touch now and can't direct/influence it properly. That's a possibility.

I realize believing Craig Wright is Satoshi Nakamoto comes across as believing in a flat earth to many. That's okay, I just wanted to make my statement as it's a pretty important issue. Feel free to disagree with me. I've put my money where my mouth is.

Update: 2020-12-01. I was more than likely wrong here. Not sure what to make of Craig Wright. Or if he is Satoshi Nakamoto, I'm pretty disappointed with him. He is an interesting guy nonetheless.




Comments

Popular posts from this blog

ELECTIONS SUSPENDED

  ELECTIONS SUSPENDED Explainer: Why Libya's election has collapsed and what comes next Libya fell apart after the 2011 uprising against Muammar Gaddafi In Summary •Libya fell apart after the 2011 uprising against Muammar Gaddafi  •Putting the presidential vote first meant the election came down to a winner-takes-al A billboard with an image of Libya's eastern commander and presidential candidate Khalifa Haftar is pictured by a roadside in Benghazi, Libya December 22, 2021 Image:   Reuters Libya said on Wednesday its planned election would not take place but it has not set a new date or worked out how to move forward to avoid a return to conflict. This sets out the main issues and what might happen next. HOW DID WE GET HERE? Libya fell apart after the 2011 uprising against Muammar Gaddafi and split in 2014 between warring eastern and western factions. The peace process follows the collapse in 2020 of eastern commander Khalifa Haftar's 14-month assault on Tripoli. Eastern ...

Land Rights in Kenya: Land Rates and Taxes.

  in 2015 having been suspended in 1985. CGT is charged at the rate of 5% of the gain. There are various exemptions on CGT provided under the ITA. The tax on rental income is a tax arising from the gains and profits for occupation of property. The ITA provides for various ways of taxing rental income; Where the rent is payable to a non-resident, the tenant is required to withhold 30% of the rent and remit it to the Kenya Revenue Authority. The tax withheld is a final tax. Where the rent is payable to a resident, if the property is commercial, the tenant being an appointed agent, is required to withhold 10 % of the rent. The tax withheld is not a final tax and the landlord is required to file their income tax in the usual way. Where the rent is payable to a resident and the property is residential, the landlord may opt to either pay a monthly rental income tax, computed at 10 % of the gross rent a (final tax) or pay the instalment tax and final income tax in the usual way. Stamp dut...

NAVIGATING TRENDS IN THE MARKET:Live Auction,Short term bubble or Long Run Trend?

Finance weekly What to Look Out for When Trading or Investing For beginner investors, it can be difficult to navigate trends in the market. Which are the short-term bubbles, and what trends are here to stay?      There seems to be a far- wide accepted narrative that ‘normal’ people can’t make money investing. They should simply put their funds into a so-called Robo-generator which will  put their cash into index-tracking passive investment funds. In reality, this type of investing (known as ‘black box’ investing) is being overtaken by new technological advancements that keep on getting better day by day. This investment approach also goes against the unfolding financial technology motives, that are driving the idea of creating a level- playing field for anyone committed and serious to reap it big from trading and investment. It looks backward to when investing was for the elite. However, investment is being democratized. As such, I want to talk about a ne...