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Title: 2014-01-07 Forbes - Taxing Bitcoin: IRS Review Has Big Implications For Investor Post by: _wayfarer_ on January 08, 2014, 12:47:32 PM This is a big conversation, definitely not one that is resolved yet. The fact that Forbes is saying it is what is really meaningful:
http://www.forbes.com/sites/beltway/2014/01/07/taxing-bitcoin/ Title: Re: 2014-01-07 Forbes - Taxing Bitcoin: IRS Review Has Big Implications For Investor Post by: kjlimo on January 08, 2014, 12:58:33 PM Let's hope the IRS reads this & responds.
A good high level summary of the issues. Title: Re: 2014-01-07 Forbes - Taxing Bitcoin: IRS Review Has Big Implications For Investor Post by: Lethn on January 08, 2014, 07:13:56 PM They just had to get this bit in didn't they?
Quote For now, Bitcoin is little more than a marketing fad, an ideological metaphor, and a sandbox for speculators. Why do they always resort to this whenever Bitcoin proves them wrong? What's going to happen when the price stops being as volatile or becomes more predictable in it's movements? Title: Re: 2014-01-07 Forbes - Taxing Bitcoin: IRS Review Has Big Implications For Investor Post by: kjlimo on January 08, 2014, 08:37:25 PM They just had to get this bit in didn't they? Quote For now, Bitcoin is little more than a marketing fad, an ideological metaphor, and a sandbox for speculators. Why do they always resort to this whenever Bitcoin proves them wrong? What's going to happen when the price stops being as volatile or becomes more predictable in it's movements? At that point, the market cap on bitcoin will probably be in the trillions, and they'll actually care about it given how much of the world's wealth it represents... Until then, it's still child's play. Title: Re: 2014-01-07 Forbes - Taxing Bitcoin: IRS Review Has Big Implications For Investor Post by: cypherdoc on January 08, 2014, 09:27:00 PM They just had to get this bit in didn't they? Quote For now, Bitcoin is little more than a marketing fad, an ideological metaphor, and a sandbox for speculators. Why do they always resort to this whenever Bitcoin proves them wrong? What's going to happen when the price stops being as volatile or becomes more predictable in it's movements? that's easy. they'll just say it's not a good investment. |