Quote from: avikz on February 26, 2018, 09:10:55 AM

Your argument doesn't confirm or prove that all exchanges are owned by government. Or NSA created this bitcoin. Nothing is proved at all. Coinbase is just doing what they are asked to do by IRS. They are just complying with the government's requirement of data. As a good citizen, I feel obliged to pay my taxes and if I don't, that's a wrongdoing on my account.

Now Coinbase only have three options to follow. Either they comply with IRS requirement or they just pull the plug or they will move to a bitcoin friendly country like Japan or Israel. If they don't comply with the IRS requirement, they simply will be barred from doing business in USA, all their properties will be seized and court proceedings will be ordered.

I remember, the same happening with Liberty Reserve. It was a paypal type system much before crypto currency rose in to prominence. This payment processor was very much active in the worldwide ponzi market. IRS simply came in and froze their entire business because they were unable to comply with their requirement. Now if you visit their website, you will see the below,

https://i.imgur.com/vdesLUc.jpg

Definitely it is against the main vision of the crypto currencies. But in real world, de-centralization is hard to happen. We should look at it as a new way to earn money and as an investment asset. Slowly all countries will move to legalizing bitcoin, but that means, their citizens will be forced to comply with the KYC requirement and pay taxes on it. That's sad but that's what is imminent.

First step would be to 'get out of dodge', go find a CRYTPO friendly country, without an IRS-like org gestapo behind your GOV, friendly country's do exist; This all reminds me of that email anonymous guy, when the GOV demanded the backdoor he un-plugged his servers, when your small enough you can 'just walk away' and delete the data, most of these big org's like "COINBASE" were created by rich connected people to begin with, thus they're not going to walk away, as they're investors OWN the IRS Company ( USA is Corporation since the Civil War );

No doubt that NSA created BTC & Satoshi, thus first step is to RUN, 2nd step is to use software that ain't tainted by NSA, and that is so small that the IRS doens't have it on their gaydar

...

BTC is now 10 years old, the CORE is essentially a GOV ORG, the 3 legs of BTC are mining-pools, exchanges, and trading platforms; 2 of the 3 are owned by USA and not china, if USA can drive mining-pools out of asia to the west, then USA will have full control of the 3 legs of BTC

I don't see much hope in BTC for 'privacy' given its too bit and too many CIA companys are selling block-chain-browsers, soon they'll be chasing ppl who own $10, just because the fine is $10k

Perhaps the SOLN will be a total dark-web btc?

Lastly, ask again why the pristine "SATOSHI COIN" is still after 10 years unclaimed and untouched?? Because the early people KNEW very well that all this stuff would be TRACKED, remember how Satoshi freaked out to shit when BTC went to bed with Wikileaks??

The problem with BTC is that it based on a MTN of lies by websites and various people who OWN the 3 legs, once 10's of 1,000's of people have been screwed by the IRS, and burnt by the Dec-2017 BTC -80% haircut the lies will be very hard to sell to the HODL true believers

Satoshi 'white-paper' never talked about exchanges, mining-pools, or trading-platforms, it was all peer2peer for the little ppl, perhaps some smart kid in Bangalore will 're-invent' btc?

btchump

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