Quote from: Pipdips on August 07, 2019, 01:44:39 AM

Wow, that is almost over my head. It sounds like those two quotes are saying that Bitcoin was designed to be free from taxes. That is what I always thought myself, but now the big concern we have to contend with is that the IRS is jumping in front of Bitcoiners and saying they want a piece of the action. It's not surprising, but still.

Bitcoiners will need to join together and take a stand together against the Tax Man? Essentially in the future people all around the world will decide they do not want to be taxed on their Bitcoin. A global currency. An uprising against the Tax Man is very possible, and probable.

Yes and no, from my knowledge. I don't think BTC was invented to circumvent taxes, instead, it was a coin that was made to bring power to the people, and give them faster and more transparent transactions. Keep in mind, comparing BTC to wire transfer transactions is a hell of a lot faster, and that was one of the main issues that BTC was built to solve.

I don't think we'll get out of paying taxes any day soon. Taxes are always gonna be following us around.

Quote from: Febo on August 07, 2019, 10:01:26 PM

Quote from: Pipdips on August 06, 2019, 07:44:58 PM

Did Satoshi ever mention anything about the taxing of Bitcoin?

Transaction fees are the tax you have to pay so your transaction happens. He told a lot about fees, just search for it.

No, I don't think that it at all, taxes often take up 20-40 percent of your income, while TX fees are a couple of cents, and basically nothing. I wouldn't look at TX fees in this way at all!