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On startup it goes past loading prayers and says done.  After that, something fails and the program kills itself.

Rob, I am more concerned about the immediate than the future state.  My wallet has been down for three days now and nothing seems to be bringing it back up.  I am not alone in this, there are others in the same boat.  How do we get our systems working again?

This is a can of worms. Talk to your accountant and hope so/he understands crypto.

Donating BBP if you're going to file would be value at the date of transaction not value on a different date. You might use CMC historical rates and figure out your donations.

But since you're donating BBP and possibly earning bbp as well...  And since it is bbp to bbp is it really a taxable trade?

And then you're not the one selling to BTC and then to fiat... So who gets the deduction?

Filing taxes for crypto is already complicated but trying to declare for orphan foundation is likely something no accountant understands.

Thanks for your reply.  Taxes isn't a strong point for me, but I think your questions should be relatively straight forward.  The fact that it is crypto shouldn't be much of an issue.  The contribution value should be fair market value when the transaction occurred.  However, since we are donating aged coins, the taxable basis would be the cost when they were purchased.  The basis should be the value at donation minus cost at purchase.  How it is treated will be whether it is considered long or short term (whether it is held for more or less than one year)

It should be a deductible trade (quid pro quo)  because of how everything is labeled (proof of giving, tithe).  Many people will be over $75 annually (https://www.irs.gov/charities-non-profits/substantiating-charitable-contributions) so there is a required written disclosure statement from BBP foundation as a pass through.  Each individual should get the deduction.

The model where 10% off the top goes to Compassion should not be deductible by individuals but would be by Biblepay.  This is my expectation, but again, taxes is not a strong point for me.

Also, how do I get my coin age?

Could you give me an example of what you mean, for you personally, for our org as a whole, for what charity, and for what purpose is it for?

This is a donation of personal funds by each participant to a charitable foundation that functions as a pass through to Compassion International.  I haven't been able to get donations to go through yet, but if I did 200 BBP every four hours, that would equal $94  for 2019 at current prices.  This isn't a big deduction to miss out on, but if BBP price goes up significantly, being able to deduct that from my taxes could become a big deal.  There are specific reporting requirements for these types of donation, so how do I access the tax reporting for next year's taxes?

Thanks Rob. 

How are the tax documents for charitable contributions accessed?

When do you think the POG will roll out?

Thank you for your answers to my questions Rob, that was extremely helpful!  I know they weren't easily answered and I appreciate your thoughtfulness and candor. 

As someone who is considering investing money into the BIblepay system, I am looking for some help with lingering concerns.  Here are my questions for the developers and significant stakeholders (anyone with more than one master node):
1.    Which is more important to you: protecting investor value or protecting contributions to charities?
2.   Do you consider moving money into the Biblepay system to be an investment or a donation to a charity?
3.   Biblepay has already seen significant fundamental changes and is again considering more significant changes.  Can you provide any assurances that these changes will stop, or is frequent radical changes something that will continue to be typical for BIblepay?
Thank you in advance for your help!

Gotcha, thanks!

+2  Well said!

I guess then there is little purpose to Team BBP and we should advise all our users to join Team Byteball and get more rewards?

Why do you say that?

How would this proposal impact sell side pressure?  If it results in a significant increase of sell side pressure, you should see a reduction in BBP value per coin.  This would mean the dollar value per month going to charity would remain the same because it is based on the amount of coins purchased in the marketplace.  However, the value of each person's holding would be reduced because of the spot price reduction.  This would hurt people that currently have large holdings.