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.
since bitcoin isn't dependant on any bank or governmental system there is no MUST to pay tax for it!
Sorry to disappoint you, but this is not how the tax system works
As the task of reporting your income lies exclusively on you. You may choose not to report it and probably you will get away with that, for a couple of times or even years. Then your envious and overall wicked neighbor reports on your new sports car and you have to face some serious issues standing tongue-tied in an effort to explain where all this money comes from and, more importantly (for the tax authorities at least), whether you paid an income tax on it that you so thoughtlessly wasted on all these useless things so carelessly betraying your income