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"citation for "one of the chief motivating factors behind crypto currency adoption has the idea of being able to avoid things like carbon taxes and energy quota
by hndamien 8y ago
"citation for "one of the chief motivating factors behind crypto currency adoption has the idea of being able to avoid things like carbon taxes and energy quotas"."
!=
"citations for the idea that the theoretical point of Bitcoin is reducing government control of money and a large practical part of the BTC economy is regulatory evasion?!"
- notahacker 8y agoIf you lack either the intellectual honesty to admit that one of the few reasons people pay for things in Bitcoin is to evade local regulations or the intellectual capacity to grasp the linkage between avoiding regulations and avoiding taxes and quotas on carbon, you probably shouldn't be evangelising about "fairer financial systems"...
- hndamien 8y agoSo no citation for your assertion then. Got it.
- notahacker 8y agoNah, you're right, there's no articles at all on the internet about cryptocurrency and tax evasion[1]. The IRS fought court orders to get Coinbase transaction details after discovering only a few hundred Americans had reported BTC gains[2] because nobody else made any profits trading crypto. Directors of the Bitcoin foundation are building Bitcoin hubs in Puerto Rico[3] because they like hurricane damage, not to avoid any obligation to pay taxes on their capital gains. Sure they really want a fairer economy and they'll totally ensure they locate their mining somewhere they can pay carbon taxes. I'm bored. Do you want me to find a citation for the Pope's religion next? [1]http://lmgtfy.com/?q=bitcoin+tax+evasion http://lmgtfy.com/?q=bitcoin+tax+evasion [2]https://www.cnbc.com/2017/11/30/bitcoin-investors-beware-the-irs-wants-its-cut-and-you-may-not-know-it.html https://www.cnbc.com/2017/11/30/bitcoin-investors-beware-the... [3]https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html https://www.nytimes.com/2018/02/02/technology/cryptocurrency...