[ExI] tyranny by 16th amendment: was: RE: [mta] Re: Long Term Bitcoin Catastrophe?

Eugen Leitl eugen at leitl.org
Fri May 24 09:04:53 UTC 2013


On Thu, May 23, 2013 at 10:12:07PM -0600, Kelly Anderson wrote:

> One advantage of mining Bitcoins, as opposed to buying them on an exchange,

The disadvantage of mining Bitcoins is that you don't buy an airliner
if you want to take a vacation.

> is that the government never has to know you have them (under the current
> rules). So the IRS has no interest in them until converted to dollars or
> another currency.
> 
> As to the rest of your rant, I could not agree more. However, I would have
> to add that the other "secret" court system, the Juvenile Court system that
> deals with DCFS, Foster Care and non-criminal child abuse and neglect is
> just as corrupt if not more than the IRS, as frightening as that is.



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