Post
Topic
Board Legal
Re: IRS bitcoin tax question.
by
krampus
on 26/03/2014, 05:49:29 UTC
I think the whole idea of a RULING is LAUGHABLE! The IRS doesn't RULE over US!They need  to abide by and run by LAWS and There is no Law that declares Bitcoin PROPERTY! And the IRS HAS NO POWER TO MAKE LAWS! It house to run through the system The house and Congress and most of all us THE PEOPLE!!!!They can't just make up NEW Tax laws on a whim Roll Eyes They are grasping at straws for anyone dumb enough to declare  their Bitcoin as Property!Whats next everyone has too declare their Computers as Property and pay a EXTRA yearly tax for owning a simple computer?Computers are going to need Registration Numbers and Certs for your asic  or graphic card like a Car or House? Businesses use computers to make money everyday and there's no such thing where they have to pay extra for the tecknology and a miner is a just a simple complex computer when you break it down.
 The key is just NEVER SELL YOUR BITCOIN FOR FIAT or ever SELL ON A EXCHANGE once you trade for FIAT well then you just set your self up for them to ask for thier share  since they own the US dollar lol But BITCOIn has no CENTRAL AUTHORITY and THE IRS HAS NO JURISDICTION to TAX A WORLDWIDE FORIEGN CURRENCY thats like them say they will tax all GOLD IN existance no matter where it is! They say it's property? I say show me THE LAW that says so? PROVE IT!Show us the law that says so? Because we all know its a CURRENCY and they don't want  to say it!a RULING MEANS JACK SHIT! JUDGES MAKE RULINGS not IRS without  something put into LAW and WRITING and going through Congress and the PEOPLE having a say? they have no leg to stand on! That may very well change in time as they try and be the WORLD POLICE but when it all comes too it they don't have the MAN POWER nor RESOURCES to MAKE ANYTHING ever STICK!
 People just give the Gov way way too much Credit ! Most of their Power is just a ILLUSION instilled with FEAR in our MINDS on what might happen?when that's all it is is a big might  backed by NOTHING!! much like the U.S DOLLAR lol


people need to take back their power

People need to ease up on the exclamation point.