Post
Topic
Board Speculation
Re: Has anyone reported bitcoin capital gains or losses on their taxes?
by
miscreanity
on 31/10/2011, 18:04:44 UTC
To reiterate: a certain loser whose name here starts with 'B' and ends with 'c' is utterly transparent and a squealing, naked little bitch; unable to compete as anything but an intellectually-stunted schoolyard bully when faced with someone who calls bull on his blustering inanities.

Let's reassess the facts (n.b. rules are subject to change at the whim of politicians):
  • IRS hooey doesn't apply to non-Americans
  • No national organization even officially recognizes Bitcoin yet
  • The case has just been reinforced in regard to the IRS being the US version of Nazi Germany's Gestapo
  • Nothing I've offered is illegal in western nations (yet): the same methods presented are those typically reserved for legal asset protection among high net-worth individuals and organizations

If you choose to ignore your own nation's predatory tax-related activities, you are at risk whether you're compliant with their rules or not.

The 'reporting' done by the bitch (who would be executed for crimes against humanity had such things been done during WWII, if not dismembered before then by angry citizens) should be example enough of how easy it is for someone with an axe to grind to turn anyone they dislike into mutton. The bitch is also obviously limited in capacity for distinguishing between tax fraud and legitimate planning. Unlike the bitch's dull mental faculties presume, I am fully compliant with the tax laws I'm subject to.

As for anyone else: what USD$1 discrepancy could your government find deep within its tax laws to build a case and turn you into a criminal? Who would know the truth, and would it matter to anyone else? There doesn't even need to be a factual claim, as the above childish act clearly displays. You would have no recourse or means of protection if you hadn't taken steps to ensure you were diversified outside of your home country when that kind of event takes place.

Having all of your assets in one country is the same as having one bank account. If that account is ever frozen for an extended period or the contents seized, how will you survive?