View Single Post
Old 05-16-2013, 12:22 PM   #585
visibiliti
Scooby Newbie
 
Member#: 211987
Join Date: May 2009
Chapter/Region: South East
Location: Knoxville, TN
Vehicle:
2004 STi
PSM

Default

Here's what I don't get about the Dwolla thing.

A lot of people like BTC for the anonymity. I would imagine that those same people don't want to ever pay taxes to the US government on their gains in BTC (whether taxed as a commodity or a currency, whichever the government decides to label BTC as). So, why the hell would people ever use Dwolla to get money into or out of BTC exchanges? Dwolla needs your name, address, phone number, and SSN for god's sake. So if step 1 was lock down gox's Dwolla account, doesn't anyone think the next step could be the government requesting a list of transactions to and from that same account? And then they would just trace this back to individuals and have record of moving money into a BTC exchange, and now you are under tax audit for any gains?
* Registered users of the site do not see these ads.

Last edited by visibiliti; 05-16-2013 at 01:18 PM.
visibiliti is offline