Quote from: o_e_l_e_o on Today at 02:52:31 PM

Quote from: casinotester0001 on Today at 10:52:13 AM

Then Bitcoin wouldn't be Bitcoin as I knew it anymore.

I disagree. Bitcoin would still be bitcoin. Just because some tyrannical government wants to spy on all its citizens' every move, does not make bitcoin any less bitcoin.

seems you have amnesia
we have already been through this
governments are not watching every transaction
they dont have the resources/labour/time/money to watch everything. never have never wil
tone your paranoia down a bit.

they ask financial services to watch out for certain things, and for those services to do their own investigations to then report only the very suspicious/highly interesting events.

put it this way. (math doesnt lie)
there are 1.7k tx for bitcoin per block. = 89,352,000tx a year
yet there are not ~90m SAR CTR reports a year (yep google search can show you the SAR CTR report stats)
(and thats just counting bitcoin let alone all the other altcoins and fiat deposit/withdrawals)

IRS forms do not ask you to list every share certificate number, stock ID or crypto address

i am starting to think your over conspiracy/paranoia and lack of actual research is based more on some drug induced creative thinking. which might explain what your are trying to hide away from them finding out what you buy. (logic/common sense)

i got nothing against anyone having their own recreational use of drugs, but in your case,, calm it down a bit, i think your taking a bit too much.

..
things you need to actually know and research

bitcoin 2009-2014 was not defined as a currency in regards to legislation. so the need to declare it was comparable to the need to declare pokemon cards/beanie babies, jewellery..
but since bitcoin was lobbied and pushed to being recognised as a currency.. THEN currency rules applied.

yep with all rights also comes responsibilities.
its the downside of mainstreaming as a currency.. that currency rules apply

but these rules are the same as the ones that other currencies follow.
people are used to the currency rules, but thought that they dont apply to bitcoin.

its not a case of having a IRS form asking to specify every address you own. its about ticking a box that you have received some VA or dividend or IRA or annuity or.. list goes on..
simply adding on a new income method is about bringing crypto into the same requests as the other stuff. where you just then need to fill in the AMOUNT not the ID

so calm down on the drug induced conspiracy and tone it down to reality.
yes even i preferred crypto before 2014 when it was just treated as a good/product/asset.
but you have to accept the reality that bitcoin has entered the realms of currency. which comes with currency implications, especially at the gateways of government fiat exchange in regards to taxes when its time to exit to fiat