Post
Topic
Board Bitcoin Discussion
Re: Canada Taxing Bitcoin Transactions
by
RenegadeMind
on 01/05/2013, 10:09:08 UTC
Well what did you expect? If you deal in any other currency than Canadian (dollars?) you must pay taxes, so why not so with Bitcoin?

Why not bitcoin? Because taxation is theft. The only reason they want to tax it is because they cant help but extort money from their cattle. Any time they see someone trying to break free from their scheme, they put systems in place to prevent others from doing it. Its high tech slavery, where you let the slave pick and choose their job and place to live, making them more productive to the slave owner.

Once something like zerocoin comes out and the ledger is nothing but a big washing machine, how are they going to tax it? as long as you don't deal in their garbage fiat, how could they tax you?

Yes. That. +1

The other thing is that only CAD can be used to pay taxes in Canada. BTC isn't "legal tender" for taxes.