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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