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RE: IRS has been tracking Bitcoin usage since 2015 & List of Coins that Can Save You from Spies. by doccrypto

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bitcoin · @doccrypto ·
$4.97
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vote details (24)
@finnian · (edited)
$0.20
ZenCash works too.  Oh, yeah: taxation is theft!
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vote details (9)
@tzs ·
$0.78
What about using public services?
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vote details (7)
@blackjok3r ·
$0.03
You should have to pay for them when you use them.
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vote details (1)
@tzs ·
$0.03
Why would you flag this without any explanation?

If you disagree, why don't you enlighten us?
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vote details (2)
@laryu21 · 
How much the irs deduct if you got 200 btc?
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vote details (1)
@mdominicorobin · 
It is like a casino. The house always win. They never deduct. They just agonize about that treasure in your hand all the time that you exist.
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@thecastle · 
Expect to be ready to shell out about 30-45% of the USD value. :(
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vote details (1)
@chiccaboom ·
$0.12
Capital gains in the United States would be 15%. 

People active in the world of finance often use bank accounts in different countries. Regions such as Belgium, Belize, and even Hong Kong do not have any capital gains for Bitcoin as of right now. Opening a bank account in that country and using it for Bitcoin exchange purposes is within the confines of the law. However, this activity will still be scrutinized by the government, and may result in an investigation regarding the origins of said funds.

There are also laws regarding owning a foreign bank account which should be taken into account if you decide to go this route.
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vote details (8)
@stargarden ·
$0.11
Its called capital gains and they don't run that high... also you only have to tax your EARNINGS on them not the full value
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vote details (7)
@therealbrate · 
Scheize!
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@nonannystate · 
True, their very existence is reason to revolt. But of all the taxes we pay here in the US a capital gains tax of 15% is one I'm OK with. But what I spend and where I spend it is no ones business.  The team and advisors on Zcash seems solid. Mad genius Zooko at the helm with guys like Vitalyk and Andreeson advising plus a large team convinced me they could be a serious gainer down the road. Their wallet is ugly but the project is moving so we'll see.
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