The New "What did you do with your Z today" (with off topic replies) XXVIII

Originally Posted by Rusty Gov't is looking to get their taxes off of it. As it is capitol gains. They look at it the same as stocks and bonds. You

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The New "What did you do with your Z today" (with off topic replies) XXVIII

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12-23-2017, 07:54 AM

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JARblue

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Quote:

Originally Posted by Rusty

Gov't is looking to get their taxes off of it. As it is capitol gains. They look at it the same as stocks and bonds. You make a profit, they want a piece of it.

Good luck to them. Unless the bitcoin community wants to pay the taxes it ain't gonna happen. The government can take it from companies accepting bitcoins, but they'll never get capital gains taxes from individuals that don't want to pay it.

I've seen brick and mortar bitcoin stores that will pay you cash for bitcoins or vice versa. No identification exchanged, so I'm not sure how anyone would find out you made a bunch of cash from selling them.

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