Conversation
Notices
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@lnxw48a1 @clacke Statute of Limitations for Assessment of Tax is 3 years. Effectively trades 2015-Present can be whacked presently.
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@lnxw48a1 I heard big players like the #Koch brothers and 3-letter-agencies are involved in BTC speculations. @perspicacious01
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@mcscx @lnxw48a1 @perspicacious01 Six letters: FinCEN. Financial Crimes Enforcement Network. Treasury has interesting little bureaux.
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@mcscx @lnxw48a1 @perspicacious01 I never understand why people fear NSA. FinCEN is far scarier & has caught many bad guys.
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Oh, it will be. Coinbase lost pretty hard challenging IRS subpoenas recently. Their Underreporter units will have a field day with #Bitcoin.
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Between IRS subpoenas, data mining of open data by FinCEN, FATCA, & some other unclassified work by the US Treasury--control will come soon.
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@perspicacious01 no practical experience here but why do you think speculators'll only buy derivatives?They'll also buy BTC itself @lnxw48a1
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@mcscx @lnxw48a1 @perspicacious01 If they can buy BTC in any way that doesn't involve handling the actual BTC technology, they will. That's why ETFs and futures will explode the value of BTC.
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@alpacaherder @lnxw48a1 I'm not sure Sweden has a statute of limitation for taxes. Certainly not that short.