The problem with LETS is that they are generally seen by the government as tax evasion schemes. If I was to participate in one, I'd be extra careful to calcula

The problem with LETS is that they are generally seen by the government as tax evasion schemes. If I was to participate in one, I'd be extra careful to calculate the dollar value of my LETS credits and pay taxes on it. I mean if you are doing it outside of a business context and semi-anonymously, or if you are otherwise planning on not reporting your transactions, that's different; but if you are using your real name and paying your taxes? generally speaking, using the coin in which you pay your taxes to settle your transactions makes tax day much less complex.