Post
Topic
Board Speculation
Re: Has anyone reported bitcoin capital gains or losses on their taxes?
by
BitMagic
on 28/10/2011, 22:14:21 UTC
Insults are juvenile and history is replete with examples of taxation creating domestic slavery.

Ahaha, I was totally just taking a potshot. You are insane.

A hole was dug in the ground because there was no hole? What's the purpose of the hole (tax system)? When blindly following decrees without exercising reason and asking 'why', the activities are meaningless.

It was a pointless tautology. Here: "It was patched, because there was a hole." The wash sale law hasn't led to another hole. You're falsely implying it has, and by extension, all additions to the tax code do. This is a faulty argument.

So instead of one point of failure, there will be multiple points of failure; fixing one problem creates others. Fighting entropy demands simplicity, not complexity.

Yes, this is perfectly rational. Maybe we should go back to Windows 95, because, you know, plugging security breaches has just been a failed fight with entropy.  Roll Eyes (Wrong, it's been a failed fight with destructive greed that, sometimes successfully, sometimes not, constantly looks for weaknesses). Again, I see nothing to suggest that complexity necessarily implies more failure.

Emotions and patience are among the most difficult things to master. The result of success is a clear sense of reason.

Happy to be reasoned, successful, and also love calling you an idiot.