- Anonymity: Well.. Some people will prefer to not have their name tied to involvements with Bitcoin. What do you people think is the probability that the SEC will publish, forward, leak that info to, lets say, the IRS (thats the guys with the taxes, right?)
This statement bothered me somewhat... Why not be involved with bitcoin? is bitcoin a bad thing?
The only reason someone would not want to be associated with bitcoin is if they were using it for illegal purposes.
I had a fairly significant amount of bitcoins in btcst. I do not hide the fact that i use, mine, spend bitcoins. I claim all mining profits on my taxes. Anyone who is above board will be OK being associated with btc.
jjiimm
Thanks for this. This is very true. I too use, buy and sell with bitcoin. I keep record of fiat that come out of my bank and is converted to BTC and declare any profit or loss on this activity. Only bitcoiners who CONSPIRED with BCTST to defraud investors are liable. However not declaring a profit or loss from any business could be a tax liability. But if you were a NET loser in BCTST is a write off and you have nothing to worry about.