Comment: Thanks for the info RP

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Thanks for the info RP

I am actually looking at if from the angle that IF the government starts to take notice - that is a good thing.

If the IRS were to actually add bitcoin transactions into a formal document - then it legitimizes bitcoin(to the population at large) - at which point bitcoin will see a very rapid rise in use.

I see a window of time where this transition starts taking place to capitalize. People will run to hard currency in the end- and they will easily trade "fake" online money for "real" dollars at quite a discount(silly people dont realize its all fake).

I do everything above board - I would even claim the income - who cares - pay the taxes on capital gains and everything - then they can't harass you.

Thanks for the insight.