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And lo! Crypto-coins came unto the holy land. And the wise decreed they must all be taxed

Anonymous Coward
Anonymous Coward

a BTC is just a number, admittedly woven into a tapestry of other numbers, worth intrinsically exactly the same as "7" or "09F911029D74E35BD84156C5635688C," (oops, which is one of those pesky 'illegal' crypto numbers)

W.W.States are still trying to understand if BTC is a big NSA 'catch em' all' ploy or equally a KGB ploy. Poland was discovered subverting BTC in social media PSYOPS recently, allegedly (their chief financial regulator, not FSA but KNF, Komisja Nadzoru Finansowego has got sticky fingers?) Many UK banks will quietly drop your current account if they suspect serious BTC play. [KYC. No, I'm not and never have been an American!]

in Italy, for other valuable items such as a house, the state allows you exactly one, without paying (excessive) CGT - whilst they try and collect as much as is reasonably possible if you go above a principal dwelling. In France, due to their complicated wealth & inheritance taxes, many sane people form a small company to buy their home, can even be an offshore Société Civile Immobilière, making it a legal-ish tax dodge.

Perhaps, numbers shouldnt be taxed, special numbers shouldnt be illegal or taxed, or perhaps we could have just a 'house' equivalent, but perhaps one should buy it through an offshore shell, just to be sure!

Now if *only* there was anything such as real privacy or pseudonymity in today's society, then that might be a goer, as it is . . .

I have no monero, honey

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