Quote from: OgNasty on Today at 02:46:03 AM

If you are claiming there was a period in history that earnings weren't taxable on BTC, I would say you are spreading misinformation. You should probably also delete the line about not paying any crypto taxes until 2018. I had paid a six figure sum of taxes prior to that. Seems like you're unnecessarily admitting to tax evasion. Also, if you can't see how seats going from $1.54 to over $30 while paying weekly distributions for nearly a decade isn't beneficial, you should probably stay away from investing. It's easy to say Bitcoin performed better than NastyFans because it has. It's performed better than all assets during this period. Had the price of BTC fallen, the NastyFans seat price would have gone up in BTC and people would be claiming that they lost money because the USD value went down. Those people would actually be correct even though they made BTC. Personally, I think people would prefer to have made USD then lost it, but you're free to push whatever imaginary agenda you want. However, in this case it isn't even a debate. You are wrong. Governments and agencies don't care about BTC amount exchanged, they care about fiat value exchanged. It's really that simple.

Again, please re-read what I said - I did not pay taxes until 2018. That is when I started mining again, after quitting near end of 2011 and back then, it was not taxable. If I recall, in 2014 is when the IRS made the distinction that bitcoin was classified as property and taxable. I keep/kept saying 2018 as that related to me. I did not once state that was when taxation started. I think the only other reference I made to time was that possibly it was not taxable when they bought their seats - I state that because I do not know when the seats were sold or when this venture began. If I recall you started with a gpu so it had to be a while back.