1992-11-21 - Re: How far is to far?

Header Data

From: George A. Gleason <gg@well.sf.ca.us>
To: miron@extropia.wimsey.com
Message Hash: 22912f75f0d49efa1bdcb69004f80be475ca471057910cf0c7cba6f1df708dba
Message ID: <199211211022.AA06269@well.sf.ca.us>
Reply To: N/A
UTC Datetime: 1992-11-21 10:24:11 UTC
Raw Date: Sat, 21 Nov 92 02:24:11 PST

Raw message

From: George A. Gleason <gg@well.sf.ca.us>
Date: Sat, 21 Nov 92 02:24:11 PST
To: miron@extropia.wimsey.com
Subject: Re: How far is to far?
Message-ID: <199211211022.AA06269@well.sf.ca.us>
MIME-Version: 1.0
Content-Type: text/plain


Miron writes, 
"Charge for the mix services with crypto money.  The crypto money could be
some networking service..."

Only problem is, once we start anything like a formal barter system, it
comes under the IRS.  The way to avoid that is to keep it a volunteer
organisation with an expectation of time commitment to projects or to
payment of membership dues.  Not-for-profit organisations are of course
regulated in a minimal way (think of your local Model Railroad Club), but
the accounting isn't as strict and the membership transactions don't have to
be reported in detail.  

-gg





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