Quote from: burnum on November 30, 2013, 07:48:52 AM

Quote from: LaudaM on November 30, 2013, 07:35:17 AM

Quote from: burnum on November 30, 2013, 06:57:45 AM

with regulations coming to the scene, where is the coin that can be tracked and regulated for tax concern's?

Now I know this can be a touchy subject, but it might be a good thing for the main stream population to have something that has a low transaction rate, encrypted wallet that removes banks from the picture, and a digital alternative to a fiat controlled by pocket lining politicians, everyone worry's about the bottom line right?

Let the community regulate the inflation, cost's associated with use, and distribution.

The developer puts in initial parameters, they are constant and usually don't change. You're asking for a coin that can be tracked?

Sure, The U.S. has been able to give an approximate number of where the dollar is worldwide for quite some time now, but that is not what I am saying, tracked to a degree so that its trail coming into your account could be verified to have come from legal means, during an audit from the IRS in the U.S. you might like to show your not operating a Silk Road and you obtained your House through honest work, back tracking the bitcoin could be a nightmare, most people I know might slide on a tax here and there, but in general do not want to hide multiple thousand's from the IRS, or be under an investigation because they cannot prove their wealth was acquired legally.

What kind of communist country are you living in? Oh wait, murica... Proof of burden lies with them, not you to prove it. You just have to provide the documents that they need.