People don't spend $2000 to open an anonymous LLC in a tax haven to conduct legitimate business.
People only do that to commit tax fraud, and now, bitcoin fraud.
A WHOIS lookup takes 2 seconds. Even without the WHOIS information I already knew it was a scam from their business model.
+1 agreed.
-1 disagreed. Many people open accounts outside the US, because the US tries to interfere with and steal from their legitimate business. Now, perhaps MyBitcoin is a total catastrophe, and perhaps the owner was ill-intentioned all along, but please don't vilify honest people who simply don't want the tyrannical US Gov't interfering with them.
I strongly disagree with the US' current citizenship-based tax policies and income tax in general. I try to change these laws by speaking out against them, writing to my congressmen, and voting against statist politicians. However, until those laws are repelled, I am obligated to pay my share of the taxes as a citizen of United States, regardless of how much I may disagree with the tax regimen.
For those people who really do earn a legitimate amount of their income overseas and feel they are getting unfairly taxed based on their citizenship, they always have the option of denouncing their citizenship:
http://travel.state.gov/law/citizenship/citizenship_776.htmlDemocracy means you get to vote against the laws that you don't like, it does not mean you can disregard those laws at your personal discretion.
This isn't true. A US citizen cannot simply denounce their citizenship and be guaranteed that they no longer have to pay any US taxes:
I believe the US is the only country to have laws that say even if you aren't a US citizen, do not live in the US, do not have a business in the US, or make money out of the US, you still owe us tax dollars. They also have the right to seize any assets in the US that you may own.