Quote from: voron84-05 on February 04, 2018, 06:49:56 PM

Quote from: jjacob on February 03, 2018, 07:45:43 PM

Quote from: gge on February 03, 2018, 12:18:22 PM

Bitcoin was created to liberate us from corrupt governments and corporations that serve their own needs. The coinbase transaction in the genesis block, mined by Satoshi Nakamoto contained: "The Times 03/Jan/2009 Chancellor on brink of second bailout for bank". What is your opinion on paying taxes on Bitcoin? The government most likely doesn't know my bitcoin address. Even if they do find it, based on the transactions made from my bank account to exchanges, I could simply say someone stole the private key from me. Many of the posts here asking for help on filing taxes on their Bitcoin make no sense to me. We have a system that allows complete financial freedom and yet people choose to pay their taxes from it and support crooked governments.

If you are not satisfied with the government, not paying taxes definitely is not the way to go about changing it. If you are guilty of tax evasion, there could be big fines and prison time waiting for you if you get caught. You may think that the government may not be able to catch you, but it is just not worth the risk.

but what if you make calculations on the straight line in the crypto currency? today there are no laws that regulate the taxation for the operations on the blockade without transferring the crypto currency into ordinary money. I think and punish for what is not regulated by law, not who will not))

It depends on your jurisdiction. I've seen claims from many people that their country doesn't tax cryptocurrency gains. I can't speak to those claims, but in the US, there are laws that regulate taxation on property gains. The IRS has explicitly said those regulations apply here, whether or not you sell for fiat money. I think we're all hoping to see specific carve-outs that make paying taxes on cryptocurrency gains less of a burden. But until and unless that happens, it's not safe to simply ignore the existing tax code.

The like-kind exchange carve-out was done to protect the interest of the propertied real estate investor class. We aren't in such a privileged position. Congress and the IRS doesn't give a shit about bitcoiners. They're unlikely to make this any easier on us.