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.
Yah. I have come across so many threads stating that why can't we have banks tied up with crypto currencies. Crypto currencies were invented to eradicate the banking system and bring peer to peer transactions with more secured Blockchain system. Implying taxes for crypto earnings is the other same idea insisted i would say. When countries do not accept bitcoin or any Crypto currencies, why should tax be paid to them? Lets not merge fiat system into Crypto.