4 ms·
> it demonstrates that enforcement obeys different rules than other assets Like stock exchanges and banks? Right, because they certainly don't report your gain
by orthecreedence 9y ago
> it demonstrates that enforcement obeys different rules than other assets
Like stock exchanges and banks? Right, because they certainly don't report your gains/losses to the IRS voluntarily. /s
Seems bitcoin IS being treated exactly like other assets. Parent said this is a good thing. I agree (and I am a crypto trader). Maybe it's because my disdain for taxes-are-theft libertarians is much stronger than my reluctance to pay what I owe for my gains.
Also, it's one thing to not want to pay taxes if you're working a plow in a field all day. However if you're sitting at a computer pushing a few buttons and earning money from it, then yeah, no excuses to not pay.