Quote from: pixie85 on Today at 08:29:23 PM

Quote from: philipma1957 on December 21, 2020, 07:15:19 PM

to not buy it when you legally can simply means you do not want btc to be mainstream.

I want it to go mainstream and I want to buy it, but why should I use paypal to do it when there are easier, faster, cheaper ways?

I don't have a paypal account. I don't have a USD bank account. I don't live in the US. I know that PayPal's fees are ridiculous when it comes to foreign currency transfers and such.

I don't trust PayPal, I don't want my name to go to some tax agency with a label "owns bitcoins".

I value my privacy, therefore I will not be buying through paypal, which doesn't mean I will not be buying at all.

Well it is not for you.

But if you want to mainstream btc you need to use real companies.

Exchanges are not mainstream.
Paypal is mainstream.

So what is mainstream in your country?
You need to realize that in order for mainstream acceptance it is going to be tax reportable if your country charges taxes.

to quote you "...I don't want my name to go to some tax agency with a label "owns bitcoins". "

All mainstream in almost all countries will involve taxes.

So I am just saying most people in bitcointalk miss out on what mainstream is if they think it won't be taxable.

In my country USA both coinbase and PayPal will report my holdings to the IRS. I will pay the tax and do my accounting correctly.

I did not ask "to be born in the USA"

My birthplace was decided with out my consent. At my older age of 63 I am not going to move out of USA. So for me to correctly support BTC I pay taxes.

Anyone in my position already playing the game legally that can buy PayPal BTC legally should.

Not that they need to buy a lot just some. Hell PayPal just gave 25 dollars to buy 100 usd worth of BTC and I did.