THERE IS NO TAX and there NEVER be any Tax on Bitcoin - page 3.

MWD64

sr. member

Activity: 476

Merit: 250

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I'm a straight-up Anarcho-Capitalist. Most people think my views are nutty. But this seems absolutely fugging insane bonkers to me:

Quote from: ijphlrnxewho on January 17, 2014, 03:22:23 PM

Businesses that accept U.S. dollars must pay a tax to the 13 terrorist European bloodlines of the Devil worshipers cult Illuminati.

If the Devil worshipers cult Illuminati send an IRS agent to your business to collect tax on Bitcoin, you have the right to shoot him in the face and burn his body because Illuminati members are now labeled as terrorist cells in America. That idiot IRS agent will most likely be labeled as "M.I.A." or "abducted by aliens".

chek2fire

legendary

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Ιntergalactic Conciliator

zunath

newbie

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The most likely taxes are going to occur at the exchanges and with merchants.

Raya

full member

Activity: 124

Merit: 100

They tax when you convert Bitcoin into usd though but Bitcoin itself can't be taxed.

last2come222

newbie

Activity: 32

Merit: 0

I am not sure there will never be any tax on Bitcoin cause no one can be 100% sure what will happen in future.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: hydkyll on February 01, 2014, 02:30:26 PM

Here is how Bitcoin could be taxed:

The tax office gives a sheet of paper to every merchant that uses Bitcoin and asks them to write down the amount of Bitcoins they received. Then the tax office decides how much taxes they should pay and asks them to transfer the appropriate amount to the Bitcoin address of the tax office.

Tax offices deal in their sovereign fiat - they won't have bitcoin wallets, or litecoin wallets, or dogecoin wallets - funny as that might be Wink

Buffer Overflow

legendary

Activity: 1652

Merit: 1016

Quote from: AltorXP on January 30, 2014, 08:39:58 PM

Nothing stops the gov from making a crypto currency of their own

Correct, but what would be the point of a centralised decentralised currency? It's pointless.

hydkyll

newbie

Activity: 10

Merit: 0

Here is how Bitcoin could be taxed:

The tax office gives a sheet of paper to every merchant that uses Bitcoin and asks them to write down the amount of Bitcoins they received. Then the tax office decides how much taxes they should pay and asks them to transfer the appropriate amount to the Bitcoin address of the tax office.

hilariousandco

global moderator

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Merit: 2717

Join the world-leading crypto sportsbook NOW!

Quote from: empoweoqwj on February 01, 2014, 05:29:12 AM

Quote from: DeadwoodDan on January 31, 2014, 10:48:07 PM

bitcoin is literally urinating all over your face right now

this cryptocurrency is the honey badger of pissing on your retard face

it does not give a fuck, and your face is DRENCHED

That's the best you could do for your first post? Can't wait to ignore your future posts.

As far as first posts go this is among one of the best haha.

Quote from: krypton87 on February 01, 2014, 08:00:14 AM

Quote from: cybershawrk on January 20, 2014, 01:15:58 AM

there should never be tax on cryptocurrencies that would be very unfair

I fully agree

I doubt there will be taxes on cryptos as this would be very hard to implement, so they'll just tax when it's converted to cash.

krypton87

newbie

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Quote from: cybershawrk on January 20, 2014, 01:15:58 AM

there should never be tax on cryptocurrencies that would be very unfair

I fully agree

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: DeadwoodDan on January 31, 2014, 10:48:07 PM

bitcoin is literally urinating all over your face right now

this cryptocurrency is the honey badger of pissing on your retard face

it does not give a fuck, and your face is DRENCHED

That's the best you could do for your first post? Can't wait to ignore your future posts.

DeadwoodDan

full member

Activity: 238

Merit: 100

bitcoin is literally urinating all over your face right now

this cryptocurrency is the honey badger of pissing on your retard face

it does not give a fuck, and your face is DRENCHED

danieldaniel

hero member

Activity: 854

Merit: 1000

Quote from: hilariousandco on January 31, 2014, 09:30:06 AM

Quote from: AltorXP on January 30, 2014, 08:39:58 PM

Nothing stops the gov from making a crypto currency of their own, or banning the sales of BitCoin to US residents (USD--> BTC)

Why would anybody choose to use it? The whole point of crypto is to get away from the government.

That's not true at all. Bitcoin itself (the protocol) doesn't have any preconceptions about governments at all. That's all from some of the people using it. Your ideals != everyone else's ideals.

hilariousandco

global moderator

Activity: 3990

Merit: 2717

Join the world-leading crypto sportsbook NOW!

Quote from: AltorXP on January 30, 2014, 08:39:58 PM

Nothing stops the gov from making a crypto currency of their own, or banning the sales of BitCoin to US residents (USD--> BTC)

Why would anybody choose to use it? The whole point of crypto is to get away from the government.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: goxed on January 30, 2014, 09:26:38 PM

Quote from: Caesium on January 30, 2014, 08:36:03 PM

Yeah! Fuck Government! I don't want my bin collected weekly, or my street lit at night! I don't want a clean maintained park to give my dog a safe run in, flood defences, the roads gritting when its icey, schools, or any of that useless shit!

I thought government can print at will, and most govt programs are funded that way. taxes help prop up the gov money. Correct me if I'm wrong.

IIRC Keynesian economists do suggest that the govt should keep on printing money and use it to fund programs finally leading to full employment.

lol. Western governments have been printing more and more money, running up massive debts the citizens will never be able to pay back. Has this lead to full employment? Nope.

goxed

legendary

Activity: 1946

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Bitcoin / Crypto mining Hardware.

Quote from: Caesium on January 30, 2014, 08:36:03 PM

Yeah! Fuck Government! I don't want my bin collected weekly, or my street lit at night! I don't want a clean maintained park to give my dog a safe run in, flood defences, the roads gritting when its icey, schools, or any of that useless shit!

I thought government can print at will, and most govt programs are funded that way. taxes help prop up the gov money. Correct me if I'm wrong.

IIRC Keynesian economists do suggest that the govt should keep on printing money and use it to fund programs finally leading to full employment.

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Quote from: Caesium on January 30, 2014, 08:36:03 PM

I don't want my bin collected weekly, collection which is provided by companies (typically government-sanctioned monopolies) right now, not government. http://edcodisposal.com

or my street lit at night! which is paid for by the property it is next to, to a utility company right now. http://sdge.com

I don't want a clean maintained park to give my dog a safe run in, that you need to pay even more money to (or start a cleanup organization), than just municipal taxes, if you want it to actually be clean and maintained http://www.santeelakes.com/things-to-do/ http://caninecornersdogpark.com

flood defences, that don't actually defend against floods, pretty much ever http://en.wikipedia.org/wiki/2005_levee_failures_in_Greater_New_Orleans http://www.bbc.co.uk/news/uk-19725625

the roads gritting when its icey, when companies sell to private entities too right now http://surplussalt.com/deicing-salts/

schools, https://en.wikipedia.org/wiki/Private_school

or any of that useless shit! http://shitgovernmentsbuy.tumblr.com/

AltorXP

member

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Merit: 10

Nothing stops the gov from making a crypto currency of their own, or banning the sales of BitCoin to US residents (USD--> BTC)

Caesium

hero member

Activity: 546

Merit: 500

Yeah! Fuck Government! I don't want my bin collected weekly, or my street lit at night! I don't want a clean maintained park to give my dog a safe run in, flood defences, the roads gritting when its icey, schools, or any of that useless shit!

cybershawrk

member

Activity: 70

Merit: 10

yeah good idea dang government with all their taxes

Topic: THERE IS NO TAX and there NEVER be any Tax on Bitcoin - page 3. (Read 5573 times)