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    Thread: End of bitcoins??

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      End of bitcoins??

      Good reason to use anything that doesn't wants you to verify.

      Court authorizes IRS to seek identities of taxpayers who have used cryptocurrency | Fox Business

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      Quote Originally Posted by coalminer78 View Post
      Good reason to use anything that doesn't wants you to verify.

      Court authorizes IRS to seek identities of taxpayers who have used cryptocurrency | Fox Business

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      Thatís just kraken. And change your thread title to something useful


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      Quote Originally Posted by Caustic Charm View Post
      That’s just kraken. And change your thread title to something useful


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      Hahahahahahahahahhahahahahahajahhahaah

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      Lmao

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      One court case gives other courts reason to grant more info sharing. Next thing u know source x gets bust and now they can get info on everyone that they did transaction with.

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      Quote Originally Posted by coalminer78 View Post
      One court case gives other courts reason to grant more info sharing. Next thing u know source x gets bust and now they can get info on everyone that they did transaction with.

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      I donít see a criminal issue...buying bitcoin is legal. Paying for goods with crypto is legal. Now, should we blow up the IRS and start over? Absolutely. But I donít see the issue at all


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      The IRS got access to all BTC data in 2019.

      You really think the tptb were gonna let people move billions of currency around without them being in control and figuring out how to tax & take from the exchanges? Lol!

      They let it get fat with no interference, and pretty soon, now that its big, their gonna fire-brand its ass and make it their own.
      Last edited by IRISHOAK; 05-09-2021 at 10:46 PM.
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      Quote Originally Posted by Caustic Charm View Post
      I don’t see a criminal issue...buying bitcoin is legal. Paying for goods with crypto is legal. Now, should we blow up the IRS and start over? Absolutely. But I don’t see the issue at all


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      Well said

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      Quote Originally Posted by IRISHOAK View Post
      The IRS got access to all BTC data in 2019.

      You really think the tptb were gonna let people move billions of currency around without them being in control and figuring out how to tax & take from the exchanges? Lol!

      They let it get fat with no interference, and pretty soon, now that its big, their gonna fire-brand its ass and make it their own.
      Bitcoin yes...cryptocurrency in general, no


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      That article indicates the IRS is only looking for those who have done $20k or more of bitcoin trades on that exchange. Most of us do far less than that unless it's for investments so best thing to do is keep trades (buys and sells) far below that and infrequent to stay off the taxman's radar.
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