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<p>[QUOTE=&quot;Blaubart, post: 1684122, member: 37498&quot;]Same here.</p><p><br /></p><p>Which brings up yet another issue I have with Bitcoins and what is currently going on with them.&nbsp; Russians hid money in Cyprus, presumably to avoid taxes.&nbsp; When that gig turned sour, they found another place to stash their money.&nbsp; Do I really want to keep that kind of company?</p><p><br /></p><p>Also, Bitcoins are often used to buy and sell goods and services under the radar, often in transactions that had they been conducted in USD, they would be subject to taxes, either sales tax, income tax, or capital gains taxes.&nbsp; How many of these transactions are actually being reported for tax purposes?&nbsp; If the usage of Bitcoins grows to the point where the IRS sees they&#039;re losing out on a lot of revenue, then anyone dealing in Bitcoins is in for an IRS shakedown sometime in the near future.</p><p><br /></p><p>Some people use Bitcoins for the perceived anonymity they offer.&nbsp; However, most of them do not realize that not only is their account stored in the transaction logs, but also in the bitcoin itself.&nbsp; Not quite as anonymous as most people might be led to believe.[/QUOTE]</p><p><br /></p>

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