RenegadeMind, noone is "eager" to pay tax. But some of us to choose to obey the laws of the country we live in. The forum has plenty of people whose moral code appears to be "it is okay to break the law if I'm unlikely to get caught".

Of coz I don't know what u want. Does it make my statement incorrect?

If you were born in my household, play by my rules or leave. Clear enough?

The truth is that most of bitcoiners don't want such a testing. They want $1000 price to cash out. There u can find only a few ppl who support ur idea.

If only ONE fokin lottery can get network to hit its soft and/or hard limits, then this network is trash.

What will happen when 1000s like sdice come in?

A small team with guns can hijack the whole network by forcing  mining pool operators to co-operate with them.

would they insist that I pay the market value in fiat (of the total value I had earned)?

If you got paid a job in coconuts, I highly doubt a taxman will come and demand a % in tax of your coconuts.

The loop hole exists until a state adopts the currency. E.g. Starts to tax in bitcoins (which is possible, law derived to force employers to pay a % of their employees bitcoin wages as tax, before it goes to their wallet).

But again, like I said, this IS a desired outcome. Adoption of a new currency for the purpose of tax is a definite milestone.

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Exactly .. listen to what you're saying yourself .. you owe taxes on earnings .. IF your earnings is in bitcoin (i.e. you get paid in bitcoin at the 1st point), then you can't/don't declare any earnings. I dare you to (and I hope people do) phone up the tax office and say "Hi, I need to declare my earnings for the year, xxxx bitcoins."

What the system regards you as otherwise is a volunteer, working for nothing. Until a state recognizes bitcoins and decides to tax it.

And ye, this would ONLY work if your employer agreed to pay you in bitcoin.

People are already getting paid in bitcoins, and more will as the bitcoin businesses flourish, the early ones won't get taxed, spending as much bitcoin as they can AS bitcoin. Eventually a state will catch on, and will realise they have to include a new clause, "if you're paid in bitcoin you will get taxed bitcoin".

You can not enforce a law of "it is illegal to pay people in bitcoin" .. because how could you? you'd have to make it illegal to volunteer for anything, or do anything for anyone else, you'd never know if they were getting paid in bitcoin. The only way for a state would be, as you said, to tax it.

Bitcoin is just the first p2p cryptocurrency

Don't expect it to be flawlessly designed the first time, that seems highly unlikely

Concerning tax -

how will you state it? as bitcoins? you're changing enough to cover bills, and keeping the rest in bitcoins. Taxman phones you and asks where your money is, DON'T lie, be honest, you say "urm, I have spent all my (converted) cash, you can see my bank accounts, but I have bitcoins." They'll be like "eh, what?", they'll report it back, but there's nothing they can do unless they bring bitcoin into their system of tax (which would be amazingly awesome for bitcoin taking over the fiat, it would kind of be a tipping point, in the far future probably).

That throws out the baby with the bathwater, doesn't it?  Admittedly a large proportion of your tax goes on defence and military spending, but you're also paying to have your rubbish collected, have your community centres maintained, have the courts run...

Peter "Just Blow The Place Up" Schiff is just another statist fuck that has some people fooled into thinking he's not.

Well, I'd agree with him up to "no value in and of itself whatsoever".  The value of Bitcoin is no more or less faith-based than the value of paper money, and he's consistent in that he has faith in neither.