Quote from: hellscabane on March 26, 2014, 12:58:26 PM

Quote from: krampus on March 26, 2014, 05:49:29 AM

Quote from: waldox on March 26, 2014, 05:12:57 AM

Quote from: thejewelrytech on March 26, 2014, 03:20:42 AM

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.

And ease up on the Caps Lock key too.

I think there might a bit of a snowball argument here though...

I will say this, I personally have no reasonable way to only transact in bitcoin. For one thing, most people who mine have operational costs that can't be paid in bitcoin. So unless they have enough non-bitcoin supplementary income, exchange to fiat is going to be necessary.

As for businesses that want to accept bitcoin, what do you expect them to do?

Hey than take it up THE ARSE THEN better YOU then ME!!! and make sure too ask the gov to throw some extra lube in there before they poke you lol the government can't survive without clowns I mean people like you and its people like you that are keeping Bitcoin DOWN making it A INCOME PROJECT you don't really believe in bitcoin you ain't fooling me for you its just a way to make extra money Roll Eyes

your probably one of those scum pump n dumpers in love with the FIAt ;)so good luck ever making a profit and explaining things to the IRS Fool but like they say a FOOL an his MOney are soon parted personally I would rather die then give in but that would take being a MAN on your part so that's obviously out the question for you.... but hey the world I mean gov needs spineless cowards too! somebody has to play THE FOOL why not you? you seem to got the part PLAYED OUT pretty good maybe you can throw on a cheerleader outfit and become the next oboma girl I bet you'd look cute in it Roll Eyes