Post
Topic
Board Bitcoin Discussion
Re: Canada Taxing Bitcoin Transactions
by
plutuswd
on 30/04/2013, 21:11:53 UTC
I'm excited to see how they're going to pull it off.  I mean, if it's a measly "You should do it", I see many issues springing up in the future; they may not know who's avoiding taxes, but they'll see clear as day taxes are being avoided.  Then they have fire power to campaign against the use of Bitcoin.

That's not the way our government works. They cannot outlaw bitcoin. We have the right to private property and there is a long standing coupon called "Canadian Tire Money" that is widely used. If you look at the development of Canada's banking and money you will see many private coupons. These were all legal.

"Canadian Tire Money" cannot be converted to Canadian $$$...
So it's not a currency... it's just a discount coupon.



Go to the currency museum at the bank of Canada in Ottawa. You will be surprised by the number of companies and municipalities that issued their own scripts. This is not a new idea, it's just a new method of doing a very old idea.