Coinbase forced to share information of users with the IRS

in bitcoin •  7 years ago 

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The continuing fight between Coinbase and the IRS continue, on March of this year, the federal courts ruled in favor of the IRS that any user that have sent or received $20,000 of Bitcoin in a given year, will have to pay taxes to the IRS.

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https://blog.coinbase.com/coinbase-irs-update-ed9c966c7747

Also, according to the IRS, "800 or 900 users have reported gains over the last years." To me, these peoples are indeed slaves to the Taxation Theft Service, and should be ashamed of themselves to report to criminals like the IRS.

https://www.forbes.com/sites/kellyphillipserb/2017/11/29/irs-nabs-big-win-over-coinbase-in-bid-for-bitcoin-customer-data/#5d7edb3f259a

The Dollar Vigilante reported on it and provides a simple solution to get out of paying extortion rates to the IRS:

A Letter To The IRS: Go Fuck Yourselves You Bunch Of Criminals

https://d.tube/v/dollarvigilante/52ixlmaf

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