Compumatrix Social Media

Compumatrix Social Media Extend your personal Social Sphere and Business Presence ~ Learn about Compumatrix and participate in the emerging world of Virtual Currency.

Extend your personal Social Sphere and Business Presence ~ Learn and participate in the emerging world of Compumatrix and Virtual Currency.

I am no longer posting on Facebook. You can reach me at MINDS at minds.com/allyinspirit/When you watch this short video ...
23/12/2020

I am no longer posting on Facebook. You can reach me at MINDS at minds.com/allyinspirit/

When you watch this short video you'll understand why.

Subscribe to on Minds

16/12/2020

Chris Herd thinks he's seen the future. And it's ruled by remote work.

Bill Ottman, founder of MINDS talks about the recent changes to the MINDS 'reminding' and 'quoting' systems. He also tal...
16/12/2020

Bill Ottman, founder of MINDS talks about the recent changes to the MINDS 'reminding' and 'quoting' systems. He also talks about the updates to MINDS + and how original content creators are rewarded.

...EATURE UPDATE. Subscribe to on Minds

Many people are looking for a way to learn about ‘Crypto’ without it being too complicated, and without too much risk on...
02/12/2020

Many people are looking for a way to learn about ‘Crypto’ without it being too complicated, and without too much risk on their behalf.

If you’re one of those people who’s interested, one way of getting your feet wet in the crypto sphere that is essentially risk-free is through one of the next generation social media sites that internally generate their own crypto.

With the censorship, theft of data, going on with the traditional platforms, people are now flocking to these platforms by the hundreds of thousands, partially because they are seeing a curtailing of online freedom of speech.

There is currently one platform that implements these concepts better than any other: Minds.com has created something rather unique through its combination of blockchain technology, cryptocurrency, and traditional social media experience and blog posting.

Minds allows you to earn tokens which are based on the ERC-20 coin and have real monetary value, through interaction with others on the platform. All upvotes (likes), comments, reminds (shares), posts, etc go towards rewards for users, while the content is what keeps users on the platform and the site earning and growing.

Minds, on the other hand, allows users to earn tokens, with real monetary value, simply from engaging with others on the platform. All upvotes (likes), comments, reminds (shares), posts, etc go towards rewards for users, while the content is what keeps users on the platform and the site earning and

07/11/2020

Remember the portmanteau Compumatrix?

07/11/2020

These assets are traded on the Bitshares Decentralized Exchange.

01/11/2020

Today we’re focusing on the number one rule in crypto. So before we give it away, how about a quiz to test your knowledge? The number one rule in crypto is... A) never leave your crypto on… by bryandivisions

How should social media deal with controversial subjects or false information?According to alternative social network Mi...
28/10/2020

How should social media deal with controversial subjects or false information?

According to alternative social network Minds.com CEO Bill Ottman, freedom is the best policy. And, he says, it’s also the policy that results in the least harm.

This might be seen as a libertarian argument based on freedom rather than one concerned with harmful results, though Minds does have restrictions on harmful content as well.

But more importantly, it’s Ottman’s assertion that banning bad content is actually socially riskier over the long term for our entire culture. Part of his rationale is a quote from a Nature study on the “global online hate ecology” which suggests that policing content can just shunt it elsewhere to more hidden places.

How should social media deal with controversial subjects or false information?

The Rise of Rare Digital Art.A new art movement is emerging from an unexpected place: the blockchain. Artists across med...
27/10/2020

The Rise of Rare Digital Art.

A new art movement is emerging from an unexpected place: the blockchain. Artists across mediums, backgrounds and the world are joining this movement which has finally made it possible to profit from the sale of authenticated digital art.

Through blockchain technology, the authenticity of a digital artwork is guaranteed through an indelible signature and timestamps, with each artwork being stored as a non-fungible token (NFT). Principles of scarcity/rarity that have previously been limited to physical art markets can now be applied to digital art, thus making it “Rare Digital Art” (also referred to as Crypto Art.)

Unfortunately my 'Rare Digital Art' wasn't included in this article ~ But showing it now in preference to the blank white square that uploaded with the article.

27/10/2020

What are NFTs or Non Fungible Tokens, and why is there so much interest in this growing crypto category?

27/10/2020

Different types of cryptocurrency: What is a cryptocurrency? How many cryptocurrencies are there? Find out in our complete Types of Cryptocurrency Guide.

Origins of Compumatrix.
26/10/2020

Origins of Compumatrix.

Ever wondered how it all began? In this article, we share a brief history of Compumatrix.

Bill Ottman is the co-creator and CEO of Minds, a free and open source social network with crypto rewards. They continue...
14/09/2020

Bill Ottman is the co-creator and CEO of Minds, a free and open source social network with crypto rewards. They continue to make waves as an alternative to the incumbent social network business model of surveillance capitalism. Bill has also been a guest on the Joe Rogan podcast. In this article, Bill answered some questions for Hacker Noon.

Bill Ottman is the co-creator and CEO of Minds, a free and open source social network with crypto rewards. They continue to make waves as an alternative to the incumbent social network business model of surveillance capitalism. Bill has also been a guest on the Joe Rogan podcast. Today, he kindly to...

Gas prices are high at the moment and so it can take several days before an image is published at MakersPlace. MakersPla...
20/08/2020

Gas prices are high at the moment and so it can take several days before an image is published at MakersPlace.

MakersPlace have always paid the gas fees for their artists, however they wait until gas prices come down. Which at the moment may be weeks away.

This article describes the 3 different options being looked at presently.

Today we’d like to share a number of changes we’ve made and will continue to make, to our creator management system. When we first launched MakersPlace, one of our primary goals was to build the ea…

Message from Coin Jar.  The Australian ATO are sending out letters to 350,000 people demanding they pay their crypto tax...
09/07/2020

Message from Coin Jar.

The Australian ATO are sending out letters to 350,000 people demanding they pay their crypto taxes. Here’s how to keep on the straight and narrow.

Take a look at the BitcoinAUS Reddit page right now and you’ll see one topic dominating the conversation: people panicking after the Australian Tax Office (ATO) sent them letters telling them to ‘fess up and pay up on their old crypto transactions.

For many it seems like a wake-up call to finally sort out their taxes from the 2017 bull-run, while others are being pinged for selling $50 worth of BTC four years ago. But the take-away message is simple: if you’re an Australian citizen and you have ever – and we mean ever – dealt with cryptocurrencies, then the ATO probably knows about it.

When it comes to the tax office, the best piece of advice we can give you is: disclose, disclose, disclose.

The ATO works with dedicated crypto tracking specialists to deanonymise crypto transactions and given that they’ve discovered 350,000 Australians in potential breach of their tax reporting obligations we can assume the work is going rather well.

I mean, who would have thought that a technology which records every transaction on an immutable and publicly available ledger would make it so easy for the tax department to track.

But we understand that disclosure in crypto can be a complex and challenging beast. It doesn’t take much to find yourself trading across multiple exchanges, multiple coins and multiple currencies in a way that simply doesn’t have a parallel in any other market. So, how do you even get started?

As Australia’s longest running crypto exchange, CoinJar have been monitoring developments in the land of cryptocurrency and tax for almost eight years. For this tax season, we’ve decided to compile a comprehensive, easy-to-read guide to everything we currently know about crypto tax in Australia.

For instance: what does it even mean to trade 5000 XRP for 2.8 ETH one exchange and 230 USDC on another? At what point do you stop being an investor and start acting as a professional trader? And how much money can you actually save just by HODLing your coins for longer than 12 months?

CoinJar have partnered with crypto accounting software CoinTracker, CryptoTaxCalculator and Koinly to make it easy not only to track all your crypto transactions – whether they’re buys, sells, trades, gifts, donations – but to then render all of those transactions in an ATO-friendly AUD capital gains and losses worksheet.

If you are interested in signing up, you can check out special offers for CoinJar users at: https://blog.coinjar.com/2020/07/07/crypto-tax-everything-you-need-to-know/ -offer

If you’ve engaged in any sort of cryptocurrency transaction over the last year, it’s highly likely that you’re going to have to report it in your tax return. Transactions include,

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