Of course it should be taxed as ordinary income. And ordinary income should be taxed at a flat rate. Of zero percent. Just like Ron Paul advocates.
Only good thing about this nonsense, is it will help rural land get cheaper, instead of being overinflated the way it is now. And, I guess, it may teach a few more people the value of keeping ones savings in thoroughly blinded, mixed and untraceable Bitcoins, and perhaps some well hidden Gold.
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