Another way the Feds plan to go after Bitcoin users
Take a look at the above article. It isn't hard to see that at some point, the Feds/IRS are going to after Bitcoin users - average ones even - for "evading" capital gains taxes.
I don't think it is hard to imagine, however, that government sponsored cryptocurrencies will eventually be exempt...
Hi @Edgon, That is an intriguing article. Yes, the IRS is wishing for just such a gift to fall in its lap, to find a way to assess capital gains on bitcoin users. The truth is, however, the only way they could accomplish such a feat is by having transactions reside on something other than a bitcoin blockchain that they control. Unless world govts somehow bought up 51% of Bitcoin and controlled the fork process, they cannot change the anonymous nature of bitcoin transactions and the decentralized ledger itself is virtually hackproof. Still, I would rather know what my enemies are up to than be caught napping! Thanks for the post:-) Upvoted and followed
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