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Nobody should pay any tax to any government on any digital asset activity, nor accept “bitlicensing” of any individuals; we should use & defend bitcoin, use all legal means on earth and space to lower taxes, admit growth in taxes causes growth in global poverty, and I’m not removing this post. -WAAS

Nobody should pay any tax to any government on any digital asset activity, nor accept “bitlicensing” of any individuals; we should use & defend bitcoin, use all legal means on earth and space to lower taxes, admit growth in taxes causes growth in global poverty, and I’m not removing this post. -WAAS



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39 Comments

  1. -Taxed on income.
    -Buy assets with that income to protect against inflation, get taxed on those gains (that inflation caused).
    -Pay for goods and services with your double-taxed money and get hit with sales tax.

    3 taxes on the same dollars.

  2. > we should use all legal means on earth and space to lower taxes

    we should also carefully use many different illegal means

    It doesn’t make sense to me to *only* abide by the arbitrary rules of the entity you’re at war with. They don’t abide by ours.

  3. One good way to (lawfully) manipulate your taxes on Bitcoin is to hold your Bitcoin in a Self-directed IRA. Then you can buy/sell/trade with ultimate flexibility, and not incur taxes. (caveat: I can’t remember how or if the wash sale rule fiasco applies inside of an IRA).

    .

    There are obviously trade-offs to doing this, because your money is tied up in a retirement account. But the net present value of tax deferral is very large. So it may be a good idea to do at least a part of your Bitcoin activity inside such an account.

  4. I think us little people are far too docile when it comes to taxes, we just pay what’s asked of us. Compare that to the richers, and they do everything in their means to pay as little as possible.

    I’m not against taxes, as such, since they serve a purpose, but we are taxed on so many things. Income, property, food, fuel, roads; just to name a few. It’s ridiculous, and I’m sick of it.

  5. Absolutely agree with you. They want to try to contain it so it can’t be used as money. Why? Because the elite bankers want to keep creating money and enriching their friends. The elite bankers even want to screw the ordinary banker now with central bank digital currencies.

    Most don’t know banks are the only ones that create US dollars. They think because the government maintains the physical supply of bills and coins that means the government creates money–nope.

    https://www.youtube.com/watch?v=JG5c8nhR3LE

  6. Taxing the rich doesn’t cause growth in global poverty. Regressive taxes do. You wanna clean up the street, educate kids and police the neighborhoods with your extra cash?

  7. I really just want to see if I can get a bit of a roll call… a little about me I put my whole pay check one month from selling cars complete into BTC back in October of 2015.. I spent all $4100 buying into a currency that I believed in life is good now. But here’s the cool part we can continue to make a shit ton of money Iall you have do is invest

  8. Bravo. More in crypto need to stand up for all these people trying to hijack the movement to just be a more efficient way for banks and governments to fuck people. Crypto is to bypass and replace banks and government. Coercion and rule by force is a dinosaur way of doing things. We can replace these shitty systems and mean to do so. We can have a transparent, open, immutable and permissionless monetary system that has the same rules and fairness for everybody.

  9. Things are very simple. Taxation means using the threat of violence to extract monetary energy from individuals. If you don’t pay, they will send people to kidnap you and put you in a cage.

    As a result people who support taxes are either evil or incredibly naïve.

    When they talk about taxes, they always talk about hospitals. Never would they mention this:

    https://en.wikipedia.org/wiki/Prison%E2%80%93industrial_complex

    https://en.wikipedia.org/wiki/Military%E2%80%93industrial_complex

    https://qz.com/1655268/us-military-is-a-bigger-polluter-than-140-countries-combined/

  10. i dont mind paying my share for roads, hospitals, schools… but EVERYONE should pay they’re share. (and single people pay almost double what married ppl do.) I just want to see the wealthy pay their share. what if we all got a list every year and we could choose like 20 from about 100 different categories where our taxes went. then get an invoice at the end of each year stating where our taxes went. i just think we need Healthcare not bombs, my opinion

  11. When defi payment processors like Flexa / Amp become more popular, you don’t have to covert to fiat, avoiding the taxable event, send your crypto to your wallet and purchase your goods. The taxable event is on the growth when you click sell, instead click send!

  12. I mean on its face, seems like a silly notion. So you wanna tax me on a currency.. because it’s gaining value…. so you’re calling a currency an investment. Since you’d like to play by those rules then you should allow me to count a loss on my taxes for the amount of inflation the government caused to the US dollar for every dollar I earned. Same rules, right.

  13. I’m gong to go to the country where I’m treated best. Hopefully there is a brain drain from the US by people that are much smarter than me that realize the US elites just want to force you to use their money.

  14. They are robbing us blind.
    We pay incometaxes for the money we earn, then we pay taxes for the money we made with investing, to then pay taxes if you want to buy anything with that money we earned.
    Something is wrong here

What do you think?

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