Quote from: deathcode on March 20, 2013, 03:58:41 PM

Quote from: MarlboroMan on March 20, 2013, 03:53:34 PM

Quote from: SgtSpike on March 19, 2013, 03:18:59 PM

Quote from: deathcode on March 19, 2013, 03:12:00 PM

Quote from: evolve on March 19, 2013, 02:58:35 PM

Quote from: deathcode on March 19, 2013, 02:53:59 PM

How do I avoid uncle sam to stick its hand in my cookie jar and takes the tax share?
What if I don't report it?

Face to face trades.

Of course, not paying your share into a system that you benefit from makes you a freeloader (or at the very least a leech).

I'll gladly pay the transaction fees/withdrawal fees of trading my bitcoins into USD and then transfering USD to my bank account.
I'm paying my share to the system I benefitted from, BTC that is. I didn't benefit from USD.

So you don't use roads? You don't take advantage of the electrical grid? You aren't protected by the US army? You won't receive social security?

/devilsadvocate

This. What your trying to do is one of the main reasons government is against Bitcoin. Pay your shit like the rest of us and be thankful your in a country like the United States.

I pay my taxes every year, bitcoin however is outside the government control. Worst case scenario I will withdraw in a tax haven account.

Yeah, one used to be able to do that... now not so much. Heard of FATCA?