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ROSS ULBRICHT IS INNOCENT (self.law)

egidioagricola が 投稿

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[–]egidioagricola[S] -6ポイント-5ポイント  (7子コメント)

and bitcoin is not money. Bitcoin is a worthless security. It's more like shares of beneficial rights that have yet to be realized. Bitcoin is just another interface, like Silk Road. We're supposed to believe that the Dread Pirate Ross Ulbricht ran an international drug empire and got paid in friendship coupons?? If he got checks but never cashed them is that getting paid? Bitcoin is an abstraction and has no value whatsoever. Bitcoin represents potential access to value if there is a buyer.

I doubt he could be said to have gotten taxable income by these so-called "coins". If there is no accession to wealth there is no income. What's not taxable by the IRS isn't taxable by the DOJ either.

[–]rhit06 2ポイント3ポイント  (6子コメント)

To quote the IRS:

Q-3: Must a taxpayer who receives virtual currency as payment for goods or services include in computing gross income the fair market value of the virtual currency?

A-3: Yes. A taxpayer who receives virtual currency as payment for goods or services must, in computing gross income, include the fair market value of the virtual currency, measured in U.S. dollars, as of the date that the virtual currency was received. See Publication 525, Taxable and Nontaxable Income, for more information on miscellaneous income from exchanges involving property or services.