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Title: bitcoin is like moonshine of the 21st century.tax wise. Post by: bubbagumpshrimp on March 28, 2014, 05:50:02 PM I like to compare bitcoin to moonshine of course a few big players will pay tax but most people up in those hills will keep making shine and never pay a dime.
Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: Jacko on March 28, 2014, 05:52:13 PM Awesome analogy. I can just picture hidden run down shacks in the mountainside covered with solar panels and racks of mining gear inside. On the outside you have an old guy with a piece of straw sticking out of his mouth carrying a shotgun.
Love it. Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: durrrr on March 28, 2014, 05:55:09 PM This is a pretty cool thought and apology but really people is the irs really gonna tax every single bitcoin that is spent? Isn't that a lot to keep track of everyday when bitcoin just came into there thoughts of taxization
Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: orangered on March 28, 2014, 05:57:15 PM why most people up in those hills will keep making shine and never pay a dime？
Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: Jacko on March 28, 2014, 08:14:36 PM Awesome analogy. I can just picture hidden run down shacks in the mountainside covered with solar panels and racks of mining gear inside. On the outside you have an old guy with a piece of straw sticking out of his mouth carrying a shotgun. Love it. Except you don't actually need to be "in the hills" to use Bitcoin. A shotgun goes with just about everything though. ;) I'm in the U.K. so substitute that with an air rifle for us. Even then the government set limits on the power of the spring that charges it and then where you can use it and then not in a public place unless it's hidden in a bag that is not shaped like it's got a rifle inside. Great Country LOL. Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: mycoin25 on March 29, 2014, 02:45:31 AM why most people up in those hills will keep making shine and never pay a dime？ Most people prefer not to pay the fantasy action!Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: timecoin on March 29, 2014, 09:36:50 AM Most people only see the good side while he has never paid.
Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: southerngentuk on March 29, 2014, 10:21:17 AM I think its a great association, miners and moonshine,
this could be the only way to make the Monarch break even, when/if it gets delivered I I I Grog I I I--------------------------------------------------------------- --------------------Monarch-------------Water Cooling------- Whiskey-- Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: bubbagumpshrimp on March 29, 2014, 10:23:20 PM I like to compare bitcoin to moonshine of course a few big players will pay tax but most people up in those hills will keep making shine and never pay a dime. As a recovering alcoholic, I am offended by your comparison. Are you going to also compare it to shooting up with syringes and morphine? Why are you condoning drug abuse. And yes I am serious. Dude I'm not comparing it to drinking moonshine I'm comparing it to making-moving-hiding from the law aspect. Two different associations you must have been drinking when you read this? Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: Bit_Happy on March 29, 2014, 10:28:14 PM As long as my BTC don't make me go blind (like some moonshine), this is OK.
Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: marcus_of_augustus on March 29, 2014, 10:47:07 PM http://www.youtube.com/watch?feature=player_detailpage&v=uhMO9azmKNU (http://www.youtube.com/watch?feature=player_detailpage&v=uhMO9azmKNU) Anybody want to put Bitcoin mining lyrics into this song? ... might be a bounty in it ;) (Keep references to "grampappy") Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: amspir on March 30, 2014, 12:08:38 AM Except you don't actually need to be "in the hills" to use Bitcoin. A shotgun goes with just about everything though. ;) How about mining operations that illegally tap in the electric grid, using used mining rigs that would no longer otherwise be profitable? It's probably already happening. Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: Jacko on March 30, 2014, 04:59:36 PM Some houses over here in the U.K. have a common loft space above them and people have always been caught for using someone else's power by tapping in in the loft. So mining using other peoples lecky will probably be happening.
Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: Beliathon on March 30, 2014, 05:06:10 PM Awesome analogy. I can just picture hidden run down shacks in the mountainside covered with solar panels and racks of mining gear inside. On the outside you have an old guy with a piece of straw sticking out of his mouth carrying a shotgun. Love it. Except you don't actually need to be "in the hills" to use Bitcoin. A shotgun goes with just about everything though. ;) Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: jonald_fyookball on March 31, 2014, 05:22:28 AM I've never had moonshine, is it good?
Title: Re: bitcoin is like moonshine of the 21st century.tax wise. Post by: Jacko on March 31, 2014, 08:37:09 AM It's damn fine and cheap ;D
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