Sunday, June 04, 2017 8:38:47 PM
You are either a Worry Wort or you want to see the stock go down so you can buy some lower. Either way, I don't care, cause if it goes down for that ridiculous reason, I'll buy more. If you can't stand the heat get out of the kitchen.
The IRS sees bitcoin as property, the CFTC has ruled that it is a commodity and FINCEN views it as a gift to money launderers. Who gives a sh*t?! It looks like those congressional representatives are on our side, which is probably more important. Maybe you think that Trump will do or say something. I'm not worried nor concerned.
One has to give one's social security number to Coinbase. So if Coinbase is one day forced to disclose bitcoin owners and we are taxed, so what. Then we are supposed to report capital gains, right? Well, we have to do it for stocks and commodities. One of the reasons people liked gold and silver was because of the non-reporting of gains. If you even have gains in those. If bitcoin goes to $10,000, $50,000 or $1,000,000, assuming you hold and live long enough, then who cares about taxes. If taxes are a crucial consideration for you, then leave the US, give up your citizenship and move to a tax haven. You'll be rich enough to do whatever you want, won't you?
The IRS sees bitcoin as property, the CFTC has ruled that it is a commodity and FINCEN views it as a gift to money launderers. Who gives a sh*t?! It looks like those congressional representatives are on our side, which is probably more important. Maybe you think that Trump will do or say something. I'm not worried nor concerned.
One has to give one's social security number to Coinbase. So if Coinbase is one day forced to disclose bitcoin owners and we are taxed, so what. Then we are supposed to report capital gains, right? Well, we have to do it for stocks and commodities. One of the reasons people liked gold and silver was because of the non-reporting of gains. If you even have gains in those. If bitcoin goes to $10,000, $50,000 or $1,000,000, assuming you hold and live long enough, then who cares about taxes. If taxes are a crucial consideration for you, then leave the US, give up your citizenship and move to a tax haven. You'll be rich enough to do whatever you want, won't you?
Recent GBTC News
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 11/06/2025 09:30:46 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 10/24/2025 08:15:04 PM
