Quote from: pontiacg5 on June 21, 2013, 02:22:04 PM

I believe your doctor is mistaken, you are the one with dementia. I'd get that checked out.

This is a bit off topic, but let me try to clarify the situation for you, so that your truthiness can have actual data to "interpret". (grin):
It's possible. I wouldn't know. I can't afford to have a doctor or health care. I could if I was truly interested in defrauding the welfare system. But I'd risk getting caught. And jail would make it difficult for me to be my wife's caregiver. So for the next 6 years, I'll just have to risk my health so that she can have the healthcare she qualifies for under her disability status. I'm just the lazy bum that takes care of her 24/7.

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Moving your money to something else of value (bitcoin) purely for the reason of dropping under a "must not have $XXX in savings" is welfare fraud. It's not "Abiding" by the law, no matter how much your addled brain rationalizes it. The government has said that bitcoin is not exempt from taxes, and if any taxable transaction where dollars changing hands takes place, no matter what form it's in (dollars, pesos, bitcoins, shiny pebbles, etc..) you have to pay and report that.

Again, I have only inquired about the possibility of using a BTC wallet as a method of storing for emergency purchases instead of keeping cash on my person. As gweedo's Private Investigator has most likely found out by now, a certain limited amount of cash for maintenance of selves, housing and transportation IS allowed. But keeping that in a savings account until it's used COULD cause automatic disqualifications from programs that would then require a lot of paperwork, time and appeals to get reinstated. The government agency's solution? Keep it in fiat cash on your person.
My addled brain makes it necessary for me to know the limits of what I can legally do without placing my wife in danger of losing her "entitled" status because she won't work just because her Doctors have had the nerve to diagnose her with Dementia and Bipolarism, thus making her unemployable.

Actually, my understanding is that the government hasn't yet said that bitcoins are taxable. My understanding is that taxes for persons on Capital Gains can apply if the individual makes more than $200 off of anything, not just Bitcoins. Nor have they clarified whether holding BTC in a digital state qualifies as a taxable item.
I never said that I was trying to avoid paying taxes, OR attempting to commit welfare fraud. I did express my frustration with a system that requires I play so many complicated games that they allow (and in some cases require) so that my wife, not me, stays qualified.
I'm sure that by now, gweedo's private investigator has found out that I've inquired, in writing, about what status investing in BTC in a "wallet" would have on my wife's continued ability to suck off the government teat! In fact, by now, gweedo's private investigator should have talked to the CPA who does my taxes, and makes sure we report everything correctly, and my wife's case managers, both actual government ones and the ones they've contracted ,about our status, how many times she has to re-qualify, gotten copies of all the many many many forms I've filled out for her, etc. Lots of them aren't actually covered by HPPA.
It was my hope that I could accrued an amount over time in a BTC wallet that would not violate tax laws, or entitlement program requirements. I don't believe that hope qualifies as a desire to defraud anyone either.

See? I'm not even asking you to take my word for any of this! As soon as gweedo shares the evidence his private investigator uncovers, all will be made clear! But don't let the possibility of facts get in the way of your truthiness. Where'd be the fun in that? (grin)

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You are no different than the ghetto queen driving a Escalade using food stamps for lobster and steak, because apparently the rules apply to neither of you. But somehow you are better than everyone else playing the rules, so carry on.

I wish I had an Escalade! I'm glad we don't meet the requirements for food stamps. I feel sorry for people that do. Fortunately our status on the "entitlement ladder" is high enough that we can pay our bills, buy our own food, pay our mortgage, and thanks to SSD, Medicare and Medicaid, keep my wife alive. I've never claimed to be better than everyone else, or anyone else. All you humans seem alike to me. (grin)

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It's pretty clear that you have no interest in bitcoin other than your own personal fraud purposes, incredibly clear by the "suggestions" you are making. I'd say you were trolling at first, but sadly that's not the problem Roll Eyes

Actually HIC's would stop "people like me" from being able to do any of the things you seem worried I might accomplish if I ever posses any Bitcoins. And I don't think it's clear at all that I have no interest in bitcoin other than for purposes "fraud". I'll say it again: I have no intention of committing fraud or attempting to break the law at all. Honest! (grin)