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•http://www.wired.com/wiredenterprise/2014/03/what-is-bitcoin/
They don’t need to make it illegal... just treat it as a commodity and tax the hell out of it as a barter exchange. Also, force people to keep accurate records of all transactions, which defeats the anonymous transaction feature.
If it’s going to come into widespread public acceptance ... things like this are inevitable. AND ... things like this INCREASE the public acceptance.
We now have an imaginary tax on an imaginary currency, developed through imaginary entities because someone decided they could realize a fantasy
algore is PISSED !
Is this a parody?
it means a 20-24% cap gains tax, that’s what it means
i’m still trying to understand why the fedgov deserves anything, let along a quarter of every transaction
City, County, and state tax assessors are going to love this.