Whether you like it or not, the government want you to pay taxes on your signature campaign earnings and airdrop tokens. With each passing day, they are eliminating loopholes which can be used by crypto-users to avoid taxes. Very soon, we will be required to give details of our crypto-holdings. If we hide our holdings, then they will proceed with tax evasion charges.
What is the deal with airdrops and tax? Presumably you have to move or trade them to be liable for tax.
I don't see how anyone can be liable for them unless they're provably utilising them somehow. And there are now so many I assume the vast majority won't ever touch them.
If I got some tax demand for a fork I hadn't redeemed I'd post them the old private keys and tell 'em to fucking sell it themselves.
Yep it only gets even more ridiculous when you factor in the forks.
We have money that we don't even know that we own, because there are forks all the time, so if you have 10 BTC, you have also 10 BTC worth of whatever other new fork of the hour that someone did and you are supposed to report these too, and reporting your actual BTC is already a problem if like I said before you have some mixed inputs in a bitcoin mixer from years ago when you did some testing, and you have some missing trading history due dead exchanges... it becomes a nightmare that keeps growing as your transaction history is the same on another different forked blockchain which would need you to move all of your BTC into other BTC addresses before accessing the forked coins.. it gievs me an hadache to even begin to think about ordering all of my transactions, forks, altcoin tradings... it's hell really. Fuck, I just wanted to buy a god damn house in a couple of years, looks like im going to have problems with it. We'll see what I can do about it. Im ok with paying taxes, but im not ok with the government stealing half of my earnings because they decide there isn't enough proof that I obtained them posting in here, trading altcoins in Mintpal or selling drugs, it's not fair, I worked hard for all of my coins and I did it all legal, I want my house.