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Topic: The Solution To The IRS Bitcoin Compliance Problem… (Read 1888 times)

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Why don't you start a company with the name NORFED (National Organization for the Repeal of the Federal Reserve Act and the Internal Revenue Code) to promote bitcoin with?

I'm sure that'll go well for you.

To quote a mentor of mine:

“You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete.”
― Richard Buckminster Fuller



You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete.

― Richard Buckminster Fuller

Sage advice, Sage.  Smiley
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
The solution is to just ignore them. The IRS has absolutely no idea how much I made selling bitcoin over the last year, and they don't deserve a penny of it anyway.

Don't give the IRS a dime or satoshi unless you support all the bullshit USA does with your money (like blowing up innocent people, bank bailouts, welfare for fat, lazy people and single moms, police state, etc, etc)


http://www.nytimes.com/2014/03/10/us/little-known-health-act-fact-prison-inmates-are-signing-up.html?_r=0

http://en.wikipedia.org/wiki/Incarceration_in_the_United_States

Quote
In total, 6,977,700 adults were under correctional supervision (probation, parole, jail, or prison) in 2011 – about 2.9% of adults in the U.S. resident population.[11]

http://www.chron.com/opinion/outlook/article/Krugman-Obamacare-s-7-million-sign-ups-shows-us-5377687.php

Any questions?
hero member
Activity: 632
Merit: 500
Grow up. Stop whining and pay your taxes like a man.  Reform the system with civility, patience, and reason.

Adios, and if you want - feel free to hit that ignore button on me anytime.

Non-violent civil disobedience has always been & will forever be the very most "civil" way to reform the system.

The system is never going to be reformed from within.  The game is completely rigged so that can never happen.  

The only way out of this mess is to create conditions & structures that make the current paradigm obsolete.

We finally have that.  It's called crypto currencies.  And anyone would be and idiot to let IRS fear and intimidation kill it!

It's your best ticket out.  Fucking use it!

member
Activity: 112
Merit: 10
Didn't they recently eliminate all the offshore havens?

-B-

With crypto currencies the concept of offshore haven has become obsolete.


Bitcoin is simply not that big yet.   Less than $6 billion market cap, while the estimated wealth of Americans stored in offshore tax havens is $21 - $32 trillion.  Bitcoin has a way to go on that front.

hero member
Activity: 632
Merit: 500
OP, how about you become a productive member of society and learn something about giving back to your community? Kiss

Are you really so ignorant as to believe that the income tax gives back to your community?

The government's own Grace commission proved that 100% of that income tax goes to pay the interest on the debt.  In other words, back into the banksters hands.

...Only to be used to further enslave the world through baseless, endless wars of aggression.

You want to be productive member of humanity?  The very best thing you can do then is stop feeding that monster that causes so much pain & suffering in the world.
legendary
Activity: 4410
Merit: 4766
bitcoin has not changed anything in regards to taxes.

basically, as soon as you receive a hand full of FIAT, you have to declare it. no matter what the source is.. that has never changed.

the IRS has not said it will remove property from you, just by holding property. but it does state that when you finally receive FIAT either from employment or selling large scale property (basically ignore the coffee or sandwich amounts as they are meaningless) then you have to pay tax.

this has never changed. whether your selling artwork or bitcoins.

before thinking the government has changed the goalposts of taxation and you want to start a riot. atleast spend an hour with an accountant as most people shouting "riot", "revolt". seem to be people that have no real life taxation knowledge.

the world has not suddenly imploded, so calm down. in my eyes the IRS has done everyone a favor by stating that bitcoin is a valid store of wealth to the point that it should be treated like a valuable asset such as a car, artwork, jewellry. and that bitcoin is not monopoly money(valueless credit used only for entertainment)
legendary
Activity: 854
Merit: 1000
OP, how about you become a productive member of society and learn something about giving back to your community? Kiss

Tell that to the IRS. If you work in the private sector, you already play your part in society.

I do work in the private sector.  However, I ain't gonna get into it with you Libertarians and assorted anarchist types, except:

Government isn't going anywhere.  Oversight/regulation isn't going anywhere. Taxation isn't going anywhere. Fiat isn't going anywhere.  LE isn't going anywhere.  Banks aren't going anywhere.  The Fed isn't going anywhere.

Grow up. Stop whining and pay your taxes like a man.  Reform the system with civility, patience, and reason.

Adios, and if you want - feel free to hit that ignore button on me anytime.
legendary
Activity: 1120
Merit: 1003
OP, how about you become a productive member of society and learn something about giving back to your community? Kiss

Tell that to the IRS. If you work in the private sector, you already play your part in society.
legendary
Activity: 854
Merit: 1000
OP, how about you become a productive member of society and learn something about giving back to your community? Kiss
legendary
Activity: 1120
Merit: 1003
The solution is to just ignore them. The IRS has absolutely no idea how much I made selling bitcoin over the last year, and they don't deserve a penny of it anyway.

Don't give the IRS a dime or satoshi unless you support all the bullshit USA does with your money (like blowing up innocent people, bank bailouts, welfare for fat, lazy people and single moms, police state, etc, etc)


Yeah, until someone files this form:

http://www.irs.gov/pub/irs-pdf/f3949a.pdf

or this form:

http://www.irs.gov/pub/irs-pdf/f211.pdf

and you get audited.

Better not tell anyone who knows you IRL that you made a ton of money selling bitcoin.

ooooohh...I'm so scared. Do you check under your bed at night for IRS monsters too? Are you still in diapers?

Don't bother replying. I already ignored you.
full member
Activity: 140
Merit: 100
The solution is to just ignore them. The IRS has absolutely no idea how much I made selling bitcoin over the last year, and they don't deserve a penny of it anyway.

Don't give the IRS a dime or satoshi unless you support all the bullshit USA does with your money (like blowing up innocent people, bank bailouts, welfare for fat, lazy people and single moms, police state, etc, etc)


If one was so inclined, you could use cash to buy/sell BTC on craigslist (via tor) and then keep your mouth shut.
hero member
Activity: 632
Merit: 500
The solution is to just ignore them. The IRS has absolutely no idea how much I made selling bitcoin over the last year, and they don't deserve a penny of it anyway.

Don't give the IRS a dime or satoshi unless you support all the bullshit USA does with your money (like blowing up innocent people, bank bailouts, welfare for fat, lazy people and single moms, police state, etc, etc)


Yeah, until someone files this form:

http://www.irs.gov/pub/irs-pdf/f3949a.pdf

or this form:

http://www.irs.gov/pub/irs-pdf/f211.pdf

and you get audited.

Better not tell anyone who knows you IRL that you made a ton of money selling bitcoin.

How does your head feel under that jackboot mate?  You let their fear & intimidation tactics keep it there.

Civil disobedience has never been without risk.  Nor has it ever been more necessary.

Luckily there's a host of tools that allow for non-violent civil disobedience through use of crypto currency anonimizers.

They can't prosecute what they can't prove!
member
Activity: 70
Merit: 10
The solution is to just ignore them. The IRS has absolutely no idea how much I made selling bitcoin over the last year, and they don't deserve a penny of it anyway.

Don't give the IRS a dime or satoshi unless you support all the bullshit USA does with your money (like blowing up innocent people, bank bailouts, welfare for fat, lazy people and single moms, police state, etc, etc)


Yeah, until someone files this form:

http://www.irs.gov/pub/irs-pdf/f3949a.pdf

or this form:

http://www.irs.gov/pub/irs-pdf/f211.pdf

and you get audited.

Better not tell anyone who knows you IRL that you made a ton of money selling bitcoin.
hero member
Activity: 632
Merit: 500
Yes.
Obsolete because its just morphed into a virtual form. 
My question still stands.   Whats stopping them?

A better question.  What enables them?  Apathetic, fear driven ignorance... that's what.

Crypto currencies will be the end of the fed.  It won't be some silly organization or petition that does it.
legendary
Activity: 1120
Merit: 1003
The solution is to just ignore them. The IRS has absolutely no idea how much I made selling bitcoin over the last year, and they don't deserve a penny of it anyway.

Don't give the IRS a dime or satoshi unless you support all the bullshit USA does with your money (like blowing up innocent people, bank bailouts, welfare for fat, lazy people and single moms, police state, etc, etc)
hero member
Activity: 924
Merit: 1001
Yes.
Obsolete because its just morphed into a virtual form. 
My question still stands.   Whats stopping them?
hero member
Activity: 632
Merit: 500
Didn't they recently eliminate all the offshore havens?

-B-

With crypto currencies the concept of offshore haven has become obsolete.
hero member
Activity: 632
Merit: 500
Why don't you start a company with the name NORFED (National Organization for the Repeal of the Federal Reserve Act and the Internal Revenue Code) to promote bitcoin with?

I'm sure that'll go well for you.

To quote a mentor of mine:

“You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete.”
― Richard Buckminster Fuller

hero member
Activity: 924
Merit: 1001
Whatever your political opinion is on the matter, Bitcoin probably will always have an element to it that is "off the records".

But what is stopping the Government from instituting policies that make that difficult/impossible ?

Didn't they recently eliminate all the offshore havens?

-B-
member
Activity: 70
Merit: 10
Why don't you start a company with the name NORFED (National Organization for the Repeal of the Federal Reserve Act and the Internal Revenue Code) to promote bitcoin with?

I'm sure that'll go well for you.
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