Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Ruby the Liberal

(26,216 posts)
4. I am not promoting not paying taxes
Sat Apr 27, 2013, 06:37 PM
Apr 2013

The point was that there is no way of tracking bitcoin purchases to prove they were made.

Like cash at a garage sale.

Currency's currency. (nt) Posteritatis Apr 2013 #1
How will they know? Ruby the Liberal Apr 2013 #2
Exactly. DeSwiss Apr 2013 #3
I am not promoting not paying taxes Ruby the Liberal Apr 2013 #4
It is more transparent than cash at a garage sale... reACTIONary Apr 2013 #11
Okay, so if this is the holy grail of the conspiracy and privacy loons Ruby the Liberal Apr 2013 #16
Conspiracy and privacy loons get a kick... reACTIONary Apr 2013 #22
.... DeSwiss Apr 2013 #25
You got to turn them into cash somehow. joshcryer Apr 2013 #5
I don't even know how you buy them Ruby the Liberal Apr 2013 #6
Yeah, I mean, you have a point, of course. joshcryer Apr 2013 #7
How does the cash get to the seller? Ruby the Liberal Apr 2013 #8
They would cash out using an exchange. joshcryer Apr 2013 #13
Bitcoins are no more anonymous than is ... reACTIONary Apr 2013 #9
Er, seriously? Ruby the Liberal Apr 2013 #10
Yes, seriously... reACTIONary Apr 2013 #12
That sets up an identity and yes you can trace it. joshcryer Apr 2013 #15
Until a G-man shows up with a subpoena. (NT) reACTIONary Apr 2013 #19
It seems easier to buy a money order from the 711 Ruby the Liberal Apr 2013 #18
Yep, agreed. AND... reACTIONary Apr 2013 #21
The wallet hash is completely random. joshcryer Apr 2013 #14
It is only anonomous if you take precautions... reACTIONary Apr 2013 #17
Absolutely true. joshcryer Apr 2013 #23
You are right. It isn't bitcoin... reACTIONary Apr 2013 #24
This is true in the US as well Sgent Apr 2013 #20
prices in bitcoin... are higher or lower than cash quadrature Apr 2013 #26
Latest Discussions»Latest Breaking News»Revenue Canada says BitCo...»Reply #4