Editing Meeting Notes 2012 07 31

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= Agenda =
= Agenda =
[[:Category:Meeting Notes|The 227th Meeting of Noisebridge]]
[https://www.noisebridge.net/wiki/Category:Meeting_Notes The 227th Meeting of Noisebridge]


Note-taker: [[User:Malaclyps|Danny]] and the hordes on the etherpad
Note-taker: [[User:Malaclyps|Danny]] and the hordes on the etherpad
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* Bruno -- from Vienna, doing startup with seven other people. Wants to talking about delegated voting.
* Bruno -- from Vienna, doing startup with seven other people. Wants to talking about delegated voting.
* Evan -- says don't use ArchLinux, whatever you do. A CONTENTIOUS POINT OF DISCUSSION.
* Evan -- says don't use ArchLinux, whatever you do. A CONTENTIOUS POINT OF DISCUSSION.
* Ryan -- lives in the mission. Startups. Crypto-Anarchy. I Pseudonymous reputation. Secure encrypted cloud backends. Bitcoin.


== Short Announcements ==
== Short Announcements ==
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Malaclyps: Proposes putting up for consensus.
Malaclyps: Proposes putting up for consensus.


Carlos: Asks what Leif would do if it passed consensus.
Carlos asks what Leif would do if it passed consensus.


Leif: Would not block, but would stop paying Noisebridge dues for 1 year. Will probably spend his personal surplus on nb projects
Leif: Would not block, but would stop paying Noisebridge dues for 1 year. Will probably spend his personal surplus on nb projects


Moderator: Proposals for next week...
Zephyr: Proposals for next week...


Malaclyps: No, no, no! Consensus! You need to do the magic words.
Malaclyps: No, no, no! Consensus! You need to do the magic words.
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Malaclyps: Trying to find wording that makes us feel better about taking the money. Worried Leif + Carlos aren't happy.
Malaclyps: Trying to find wording that makes us feel better about taking the money. Worried Leif + Carlos aren't happy.
Carlos: Agrees with Leif.
Carlos: Agrees with Leif.


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Malaclyps: Heard last meeting that it was a sort of money-laundering tax dodge; this isn't how tax dodges work, he doesn't pay any less tax.
Malaclyps: Heard last meeting that it was a sort of money-laundering tax dodge; this isn't how tax dodges work, he doesn't pay any less tax.


Leif: A charitable foundation is very much a tax shelter; that may be pejorative, it is legal, but it's true. He's a wealthy libertarian. All billionaries have nonprofits and it's not because they're all really nice people. The rule is they have to spend 5% of total value and don't pay taxes on profit from investments so he can give away and invest in for-profit enterprises.
Leif: A charitable foundation is very much a tax shelter; that may be pejorative, it is legal, but it's true. He's a wealthy libertarian. All billionaries have nonprofits and it's not because they're all really nice people. The rule is they have to spend 5% of total vlalue and don't pay taxes on profit from investments so he can give away and invest in for-profit enterprises.


Eric: It doesn't actually work that way. For instance if I'm a 501(c)3 and you decide you're going to invest in a non-profit, there is intense shit you have to go through with the board. No, he doesn't pay taxes, but it's not really his money anymore, the board controls it, even if he gets a director's salary.<br> What Leif says, on multigenerational level, has merit but in single generation doesn't work that way.
Eric: It doesn't actually work that way. For instance if I'm a 501(c)3 and you decide you're going to invest in a non-profit, there is intense shit you have to go through with the board. No, he doesn't pay taxes, but it's not really his money anymore, the board controls it, even if he gets a director's salary.<br> What Leif says, on multigenerational level, has merit but in single generation doesn't work that way.


Moderator: Have we arrived at any new conclusions about our stance?
Zephyr: Have we arrived at any new conclusions about our stance?
 
Carlos: Nothing against ... but believes Noisebridge can really succeed independently.
Carlos: Nothing against ... but believes Noisebridge can really succeed independently.


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* Enjoy the company of your fellow hacker or robot.
* Enjoy the company of your fellow hacker or robot.
[[Category:Meeting Notes]]
[[Category:Meeting Notes]]
[[Category:Pages with a Noisebridge Tiny URL]]
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