Quote from: Pipdips on August 18, 2019, 01:22:56 PM

However, nobody needs it because the most glaringly tricky part of taxing Bitcoin is that it is not related to any one country. It is a global "currency" or asset. See what I mean? Thus, Bitcoin is not ready to be taxed!

Which country a currency is related to, or even not being related to a country at all, is irrelevant as far as most countries' tax laws go. Even if you are paid entirely in a foreign currency, you will generally be expected to convert your earnings to the relevant amount of your national currency, and pay taxes on that amount. Taking the IRS in the US as an example:

Quote from: https://www.irs.gov/individuals/international-taxpayers/foreign-currency-and-currency-exchange-rates

You must express the amounts you report on your U.S. tax return in U.S. dollars. If you receive all or part of your income or pay some or all of your expenses in foreign currency, you must translate the foreign currency into U.S. dollars.

Having said that, currency laws are generally inapplicable to bitcoin since most countries consider it property rather than currency.

Quote from: The Pharmacist on August 18, 2019, 03:55:06 PM

I've always thought it was extremely convenient that bitcoin was created right at the time when it looked like banks might fail completely due to the housing crisis of 2008.

I have never considered this before. I have always pictured Satoshi as one individual, and definitely not related to any government, but it's an interesting thought experiment nonetheless.