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daily bitcoin - fails currency test in Finland
Posted on 1/20/14 at 10:04 am
Posted on 1/20/14 at 10:04 am
Posted on 1/20/14 at 10:31 am to tigermoney
quote:Bitcoins weren't around until 2009. Seems the government was concerned with so-called digital currencies before Wiki. Do you think the IRS might have devoted any resources to mining Bitcoins to keep track of developments? Wouldn't it be ironic if the government owned a significant portion of the digital currency some have forecast will topple governments?
The U.S. Internal Revenue Service hasn’t offered guidance on Bitcoin beyond saying it’s working on the issue and that it has been monitoring digital currencies and transactions since 2007.
I wonder how the IRS has been monitoring transactions?
Posted on 1/20/14 at 10:44 am to Poodlebrain
quote:
I wonder how the IRS has been monitoring transactions?
If they're using NSA computers, they know quite a lot.
If not, I imagine they know very little, because, hey, its the government we're talking about here.
Posted on 1/20/14 at 1:30 pm to Poodlebrain
quote:
I wonder how the IRS has been monitoring transactions?
That's a question that we've all been waiting for someone to answer.
I know guys who are making 80k a year from mining cryptocurrencies. All of them are reporting it because it's too easy for the IRS to ask how you randomly have $2000 a week deposits into their bank accounts.
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