Rik's Ramblings

Thursday, March 27, 2014

Inventor of bitcoin denies being inventor of bitcoin

Given That Bitcoin Is A Thing Of Value It Was Always Going To Be Taxed As A Thing Of Value

I've been wondering for a while exactly when the IRS would realized there is revenue to be made from this Bitcoin thing.

In fact I suggested a couple of weeks back that Satoshi Nakamoto mainly needs to deny being inventor, to keep the IRS off his back.  He has $600million worth of Bitcoin to liquidate and won't want to pay half the value to the government.


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