The way it will play out

[BADecker]

Pay your taxes people.

Of course, pay your taxes. It's the religious thing to do as well. But nowhere are you required to be part of any government, either in the religious area, or in the secular areas.

There are ways to not be part of governments or taxes. If you don't have any, you don't owe. The below are just a couple examples of how to make your position stick... maybe.

http://www.wired.com/wiredenterprise/2014/01/ethereum/

http://i-uv.com/oppt-absolute/original-oppt-ucc-filings/

[bitpop]

Hold your bitcoins and wait for exchanges in tax haven countries to open up so you can cash out tax free   .. Hahah just an idea.

But yeah,  if you make capital gains on bitcoins , be safe and pay your taxes.

Make sure to revoke your citizenship and check extradition laws

[ShadowOfHarbringer]

Pay your taxes people.

I'd say don't convert to fiat, don't pay taxes, stay happy!

I totally agreed with you, why pay tax, so the government can use it to fund war, and other bad things.

Just pay your taxes. Yes you also have to pay capital gains when making a purchase.

Paypal collects your National Tax ID and reports earnings to the respective governments.  Won't be long untill coinbase.com and circle.com and others exchangers do the same.  There will be no hiding your virtual currency from the powers that be.  Even if you keep it all in virtual currency, overstock and tiger direct need an address to ship you your goods.  This is the 21st Century, there is no more anonymity.

Yeah bastards reported my eBay sales.

They are even reading your email (she the Shrem/Fiallia indictment).  No more hiding from the man.

Enough of this foolish conformist bullshit.

We can use CoinJoin, CoinSwap, CoinControl.
We can use GPG.
We can use Truecrypt.

If you let them read your email and steal your money, that's just your choice. They cannot force anybody to give up their Bitcoins. They cannot even prove that (careful)somebody has Bitcoins.

Charlie and DPR said things like this until they had them in a federal holding cell.

Then they probably weren't very smart.
And DPR was a complete and utter idiot.

Both of them (and especially charlie) were a public persons, so they should be more careful of what they do publicly.

[tabnloz]

Hold your bitcoins and wait for exchanges in tax haven countries to open up so you can cash out tax free   .. Hahah just an idea.

But yeah,  if you make capital gains on bitcoins , be safe and pay your taxes.

Hopefully the idea of 'cashing out' becomes redundant and we 'stay' in bitcoin because the bit-economy is large and diverse enough to allow it!!

As an afterthought.... if I am able to stay in btc indefinitely how will the tax laws for a global means of exchange cope? I cant see any blockchain upgrade that allows a transaction tax.

[franky1]

Hold your bitcoins and wait for exchanges in tax haven countries to open up so you can cash out tax free   .. Hahah just an idea.

But yeah,  if you make capital gains on bitcoins , be safe and pay your taxes.

Hopefully the idea of 'cashing out' becomes redundant and we 'stay' in bitcoin because the bit-economy is large and diverse enough to allow it!!

As an afterthought.... if I am able to stay in btc indefinitely how will the tax laws for a global means of exchange cope? I cant see any blockchain upgrade that allows a transaction tax.

once the tax offices of the world catch up to reality that bitcoin is not a small thing, i presume they will treat it like a person getting paid with foreign currency.

EG an american being paid in canadian dollars, or euro's for their work

[LiteCoinGuy]

Pay your taxes people.

I'd say don't convert to fiat, don't pay taxes, stay happy!

I totally agreed with you, why pay tax, so the government can use it to fund war, and other bad things.

Just pay your taxes. Yes you also have to pay capital gains when making a purchase.

Paypal collects your National Tax ID and reports earnings to the respective governments.  Won't be long untill coinbase.com and circle.com and others exchangers do the same.  There will be no hiding your virtual currency from the powers that be.  Even if you keep it all in virtual currency, overstock and tiger direct need an address to ship you your goods.  This is the 21st Century, there is no more anonymity.

Yeah bastards reported my eBay sales.

They are even reading your email (she the Shrem/Fiallia indictment).  No more hiding from the man.

Enough of this foolish conformist bullshit.

We can use CoinJoin, CoinSwap, CoinControl.
We can use GPG.
We can use Truecrypt.

And soon Zerocoin:

https://bitcointalk.org/index.php?topic=362468.0

[ShadowOfHarbringer]

Enough of this foolish conformist bullshit.

We can use CoinJoin, CoinSwap, CoinControl.
We can use GPG.
We can use Truecrypt.

And soon Zerocoin:
https://bitcointalk.org/index.php?topic=362468.0

Zerocoin is also cool, but CoinJoin + Coinswap should theoretically provide the same thing without unnecessary bloat.
Anyway - the more, the better. We need competition in everything.

I dream about living in voluntaristic or semi-voluntaristic society, where you won't have to pay taxes if you don't want to (however most people still will pay taxes, but because they **WANT TO**, not they are **FORCED TO**).

Freedom FTW.