Originally Posted by Rusty Gov't is looking to get their taxes off of it. As it is capitol gains. They look at it the same as stocks and bonds. You
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12-23-2017, 08:54 AM | #1591 (permalink) | |
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I've seen brick and mortar bitcoin stores that will pay you cash for bitcoins or vice versa. No identification exchanged, so I'm not sure how anyone would find out you made a bunch of cash from selling them.
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12-23-2017, 08:57 AM | #1592 (permalink) |
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Wow ... check out the transaction history. I was mining a whole bitcoin in like two weeks back then
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12-23-2017, 09:02 AM | #1593 (permalink) | |
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12-23-2017, 09:03 AM | #1594 (permalink) | |
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12-23-2017, 09:12 AM | #1595 (permalink) | |
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No matter what we think. The gov't WILL have the last word in this.
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浪人 - 殺し屋 "The Difficult Anytime, The Impossible By Appointment Only" http://www.the370z.com/members-370z-...o-journal.html Last edited by Rusty; 12-23-2017 at 09:18 AM. |
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12-23-2017, 09:13 AM | #1596 (permalink) |
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12-23-2017, 10:20 AM | #1598 (permalink) |
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Time to send out a few RepZ.
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12-23-2017, 10:22 AM | #1599 (permalink) |
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They can follow the transactions all they want. What they have to do is associate the transaction with an individual. Right now I'm sure it would be easy for the government to do so because bitcoin users know they aren't doing so just yet. Once they do start trying to tax bitcoins, the transactions will start going through different channels to avoid government oversight. Eventually it may have to go underground completely, but it is likely the bitcoin economy online is sufficient enough to survive in an isolated environment; there's a lot of stuff you can purchase anonymously with bitcoins. Or they'll just use currencies outside the US government's jurisdiction. It's not hard to convert foreign currency to US cash without the government's knowledge of who the money belongs to.
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12-23-2017, 10:22 AM | #1600 (permalink) |
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Where does one view this?
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12-23-2017, 10:24 AM | #1601 (permalink) |
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It'll be interesting to see what happens. If the government has trouble taxing individuals, I'm wondering if they'll go after legit US companies that accept bitcoins. This current administration probably wouldn't do that, but who knows.
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12-23-2017, 10:24 AM | #1602 (permalink) |
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12-23-2017, 11:19 AM | #1603 (permalink) |
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Happy December 23!!!!!
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12-23-2017, 02:01 PM | #1604 (permalink) |
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:xmas:
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12-23-2017, 06:43 PM | #1605 (permalink) |
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My TrackSpec hood vents came in today.
And all of my Christmas shopping is done.
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