Bitcoin Forum

Other => Politics & Society => Topic started by: Bitcoin-hotep on December 12, 2013, 05:37:12 AM



Title: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 12, 2013, 05:37:12 AM
Sign the petition and let's find out
https://petitions.whitehouse.gov/petition/write-bill-would-allow-payment-taxes-bitcoins-and-official-payment-address-announced-obama/T6drBbbB


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 12, 2013, 06:01:24 AM
Never going to happen.  Maybe someday someone will open a service which will convert funds and make it on your behalf.

The US dollar is legal tender in the US.  That includes that it must be accepted for payment of debt and taxes. No nation is ever going to give a "foreign" currency legal tender status.

You can't say that unless this petition goes through and the white house makes that statement Until then we just don't know All we know is that the white house thinks 100,000 signatures is enough Americans to start paying attention for them to start paying attention


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: maurya78 on December 12, 2013, 06:59:31 AM
Very very unlikely, as it would require congressional approval as somebody pointed out



Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Pente on December 12, 2013, 08:33:38 AM
Besides, who would want to pay taxes with their bitcoins? I want to get rid of my fiat currency, not save it.


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 12, 2013, 08:34:35 AM
Of course I can say it. :)  I don't care if 49% of the population wants it, it isn't going to happen.  Nations have gone to war over much less.   Even asking it makes you look silly.

Plus the President wouldn't have the authority to make such a change.  It would require legislation from Congress.   You might as well start a petition asking Obama to give himself the authority to serve another term.

If you read it just asks for a bill to be written not passed so nothing suggested is outside of his power Any american can suggest legislation especially the president


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Zarathustra on December 12, 2013, 08:51:54 AM
Never going to happen.  Maybe someday someone will open a service which will convert funds and make it on your behalf.

The US dollar is legal tender in the US.  That includes that it must be accepted for payment of debt and taxes. No nation is ever going to give a "foreign" currency legal tender status.

That's wrong.

http://en.wikipedia.org/wiki/Montenegro


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 12, 2013, 04:26:37 PM
Besides, who would want to pay taxes with their bitcoins? I want to get rid of my fiat currency, not save it.

I don't see what paying taxes in bitcoins has to do with saving fiat


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 13, 2013, 04:56:18 AM
Obama's administration is said to be the most tech savvy in history... So we should help them get at least one online success under their belt


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: stompix on December 13, 2013, 10:04:44 PM
Never going to happen.  Maybe someday someone will open a service which will convert funds and make it on your behalf.

The US dollar is legal tender in the US.  That includes that it must be accepted for payment of debt and taxes. No nation is ever going to give a "foreign" currency legal tender status.

That's wrong.

http://en.wikipedia.org/wiki/Montenegro

So , what was Montenegro currency?
This is a special case with a country appearing on the map overnight at the wrong time.


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Carlton Banks on December 13, 2013, 11:10:41 PM
Sign the petition and let's find out
https://petitions.whitehouse.gov/petition/write-bill-would-allow-payment-taxes-bitcoins-and-official-payment-address-announced-obama/T6drBbbB

Do you always ask for permission before you do something?

At school once, I stood up to walk out, classteacher said "and where do you think you are going?" and I said "to use the toilet".

They said "That's not how you ask for permission"

I said "This thing isn't asking for permission either, and if I don't go now, it's going to roll down my leg out onto the floor. Is it going to need to ask permission, to take itself to the stalls?"

I said this with my hand on the open door, went straight out and did a comedy run the rest of the way. I really was about to crap myself, this was an early lesson for me in the bullshit logic of asking first for permission to do things.


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 14, 2013, 12:42:47 AM
Sign the petition and let's find out
https://petitions.whitehouse.gov/petition/write-bill-would-allow-payment-taxes-bitcoins-and-official-payment-address-announced-obama/T6drBbbB

Do you always ask for permission before you do something?

At school once, I stood up to walk out, classteacher said "and where do you think you are going?" and I said "to use the toilet".

They said "That's not how you ask for permission"

I said "This thing isn't asking for permission either, and if I don't go now, it's going to roll down my leg out onto the floor. Is it going to need to ask permission, to take itself to the stalls?"

I said this with my hand on the open door, went straight out and did a comedy run the rest of the way. I really was about to crap myself, this was an early lesson for me in the bullshit logic of asking first for permission to do things.

I'm not asking for permission I'm asking for an announcement to the American people and an official payment address


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: omahapoker on December 14, 2013, 06:45:05 PM
obama and friends will 100% make sure you pay taxes on everything


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Reece523 on December 14, 2013, 06:53:25 PM
Without taxes being paid in US dollars, how is all that lovely fiat going to come to use? Surely there must be a few countries we could still invade and ensure the almighty petrodollar reigns supreme?


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 14, 2013, 07:23:27 PM
obama and friends will 100% make sure you pay taxes on everything

Meanwhile in the Bat Cave...


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: infinitybo on December 16, 2013, 03:55:03 PM
You guys should know that the online petitions or anything that only requires a signature is immediately trashed upon reception ;D


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 16, 2013, 05:30:07 PM
You guys should know that the online petitions or anything that only requires a signature is immediately trashed upon reception ;D

Wrong

Many of these petitions have received responses from the white house and even from the president directly


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Ecurb123 on December 16, 2013, 09:04:56 PM
I don't even think I'd want to be able to pay tax with bitcoin, yuck.


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: yntro on December 16, 2013, 09:13:19 PM
Maybe in late future if BTC wont die out :) Then probs.


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Ruzka on December 17, 2013, 02:36:26 AM
Although I highly doubt it, it certainly would be really cool. And i'm sure it would cause the price of BTC to go up quite a bit.


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 17, 2013, 06:45:15 PM
Although I highly doubt it, it certainly would be really cool. And i'm sure it would cause the price of BTC to go up quite a bit.

It would go up for sure


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 17, 2013, 07:58:34 PM
Very very unlikely, as it would require congressional approval as somebody pointed out



That's not a good reason to stop trying though


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 17, 2013, 08:04:49 PM
Besides, who would want to pay taxes with their bitcoins? I want to get rid of my fiat currency, not save it.

Paying taxes in bitcoins is the first step to getting tax returns in bitcoin

And if you can't pay taxes in bitcoin then you have to have fiat for paying taxes which means it will be around longer than it should


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Wilikon on December 18, 2013, 06:03:06 PM
Sign the petition and let's find out
https://petitions.whitehouse.gov/petition/write-bill-would-allow-payment-taxes-bitcoins-and-official-payment-address-announced-obama/T6drBbbB

So now he is a King? He does not have the authority to do this.


Valerie Jarrett does ;)


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 18, 2013, 06:26:42 PM
Sign the petition and let's find out
https://petitions.whitehouse.gov/petition/write-bill-would-allow-payment-taxes-bitcoins-and-official-payment-address-announced-obama/T6drBbbB

So now he is a King? He does not have the authority to do this.


Valerie Jarrett does ;)

No matter who decides it the president would be the one to announce it Stop being stupid


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: countryfree on December 18, 2013, 06:47:03 PM
Does that matter at all? Would a change of currency make you a happy taxpayer?

We've got to get rid of all income tax and the government itself. That's the goal.


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 18, 2013, 07:29:04 PM
Does that matter at all? Would a change of currency make you a happy taxpayer?

We've got to get rid of all income tax and the government itself. That's the goal.

If it is going to be the currency of the future it can't just be the currency of some imaginary rouge nation It has to be a currency everyone can use in the entire world


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Wilikon on December 18, 2013, 07:45:55 PM
Sign the petition and let's find out
https://petitions.whitehouse.gov/petition/write-bill-would-allow-payment-taxes-bitcoins-and-official-payment-address-announced-obama/T6drBbbB

So now he is a King? He does not have the authority to do this.


Valerie Jarrett does ;)

No matter who decides it the president would be the one to announce it Stop being stupid

Do you know who Valerie Jarrett is?


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Bitcoin-hotep on December 18, 2013, 08:50:20 PM
Sign the petition and let's find out
https://petitions.whitehouse.gov/petition/write-bill-would-allow-payment-taxes-bitcoins-and-official-payment-address-announced-obama/T6drBbbB

So now he is a King? He does not have the authority to do this.


Valerie Jarrett does ;)

No matter who decides it the president would be the one to announce it Stop being stupid

Do you know who Valerie Jarrett is?

Do you know what a King is?


Title: Re: Will the President let us pay our taxes in Bitcoin?
Post by: Wilikon on December 18, 2013, 09:07:33 PM
Sign the petition and let's find out
https://petitions.whitehouse.gov/petition/write-bill-would-allow-payment-taxes-bitcoins-and-official-payment-address-announced-obama/T6drBbbB

So now he is a King? He does not have the authority to do this.


Valerie Jarrett does ;)

No matter who decides it the president would be the one to announce it Stop being stupid

Do you know who Valerie Jarrett is?

Do you know what a King is?

I do not. Tell me what a king is.