***WARNING*** LOTS OF SHIT TO READ AND NOT JUST ONCE EITHER ***WARNING***
201320142015 
Once one learns the true nature of the "income" tax (what it is and what t is not) and how to accurately determine what are federally excise taxable "gains or profit" (what the US Supreme Court has defined as "income") the fear of the tax man goes away completely...
http://www.losthorizons.com/
Plus why trade in the same account that one is going to use to cash out???
My theory is that if one trades on a an "anonymous" platform outside US jurisdiction and then only moves coins to an exit platform within the US when one wishes to exchange those newly deposited coins out for fiat, one may make a voluntary self-assessment for the appreciated value of the coin from the time it landed in the US exit platform until the fiat exchange happens.
Understand that the US based exit platform can only report what it sees... It has no idea what kind of transaction the coins came from... could be loan or some type settlement... who at the US exchange knows???
The platform outside US jurisdiction has no obligation to report to any US agency as long as they don't use the US Dollar... as far as they are concerned, one is just shuffling around "ones and zeros" that may be worth something and very well may not, depending on who's doing the trade...
They (the US or any other government) will never be able to tax cryptos while still in the "hopper" so to speak... Until one "cashes out" any gains reflected in one's portfolio is just a "paper" gain, unrealized... You don't get a bill at the end of the year because your shares of Apple went up and are now worth twice as much as when you brought them... What if the price drops 50% on the first trading day of the new year wiping out all of the "paper" gain... Think of the accounting mess that would cause...
If you can't asses the gain/loss of a security before it cashes out for fiat you can't do it with cryptos either...
Now, if the trading "hopper' is an anonymous exchange in another jurisdiction how will they now what you have been doing unless YOU TELL THEM... (remember agents of the system have a sworn duty to protect you from self incrimination and you ALWAYS have the right to remain silent)
Remember the tax system is a self-assessment, voluntary compliance system... and the excise tax can only be laid upon certain privileged activities within US Jurisdiction... AND, jurisdiction is obtained by the consent of the governed...
Not tax or legal advice, just my full of shit opinion...
And before someone asks, I have been filing educated returns since 2013 and have the five figure refund checks to prove it...
2012Bottom line is the less you know the more you pay...
(no reason to file '16 and '17, no reported gain or profit)
Western Union is testing Ripple, but no current plans to use crypto
Andrew Munro
14 February 2018
Despite a new mention of Ripple testing there has been no change in Western Union's previous position.
Western Union's cryptocurrency ventures began in 2016 with a $50 million investment in the Digital Currency Group (DCG), whose subsidiaries include CoinDesk, and whose holdings include Ripple and much, much more.
This is most likely its current avenue of Ripple testing. Western Union has previously described itself as aiming to stay on the "inside track" of blockchain and cryptocurrency development, but still not looking to adopt cryptocurrency payment systems in the near future. And despite a recent new mention of Ripple, it doesn't look like Western Union's position has changed.
In a February 13 earnings call, Western Union CEO Hikmet Ersek gave a bit more clarity into how exactly Western Union is testing Ripple, where it sees itself in relation to cryptocurrency and what's needed before there's a chance of wider adoption.
Part of this was a clarification that Western Union was still simply testing Ripple, in line with its goal of examining the potential of blockchain technology.
"Well, first of all, we will have to differentiate between cryptocurrency and blockchain obviously, right... blockchain is definitely something interesting as an application which we may use in several parts. And we do with Ripple do some tests with some corridors on the settlement side. Is it dollar to pesos or on that side? Can we use that on a real-time blockchain environment? And so this is a test that we are using on that."
Ongoing issues included the use of cryptocurrencies as actual currencies, and challenges around accounting for their lack of officially sanctioned value, and tentative use cases.
"...if digital currencies are ordinary currency, which is used by a country then we could do it but it's hard to do a carwash with a Bitcoin or go buy milk or pay school fees with a Bitcoin in Bangladesh or in Ghana or in Chile. So I think that's the environment."
The uncertain regulatory environment around cryptocurrency also remains a concern.
"Then other thing is also, look we are a regulated environment. That is one of our strongest asset that we are regulated in 200 countries and we respond to the regulated environment. We do have the compliance programs for 40,000 corridors. And within that environment, with the Reserve Bank together, we apply our regulatory operations to the regulatory environments. So it's important for us that this currency should be regulated, and so we can really serve the customers in the right way."
Despite the mention of Ripple's name, there's been no change in Western Union's previous position. Obviously Western Union is testing blockchain technology, and naturally Ripple would be among the systems it's testing.
Western Union has previously made its position clear and it doesn't look like anything's changed, as Ersek said.
"...so far, it's not something to report that we're going to change the environment. Our existing capability is very stable, as you can see from our performance, but that's something that we're taking seriously and looking at it and testing."
This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
But if it's good for Ripple, it's good for the perception of XRP.
Ummm bruh..I think you've missed the bottom
Lol! I mean the bottom of this correction. But I’ll take it with a smile!!!
I need this $.10 by the end of 1st quarter.
Things are moving now. Bitchrexx is adding cryptos for the first time in a long time. Coinbase is making moves. Governments are stopping with the FUD.
No telling yet. With that low-ass cap of a $1,000 per person, it might be a reality for us. But since it allows us to share fees, who knows. Shit is just sickening with this no Americans shit. They going to protect folks out of huge opportunities.
I need this $.10 by the end of 1st quarter.
Fuck construction, roofing, and landscaping. Cats going to Home Depot like... 
"Who wants to do KYC paperwork today?" Mexicans aren't barred from any ICOs that I know of. People might think it's a joke, but I bet even the rich might use their help to get in on the low.
Well, it was almost triple cray cray before the dip, so I need this shit to go back that way. Lol
From my understanding, it's on how much effort those who are doing the ICO want to put into it. Supposedly, it might require more paperwork. Also, it's how they market it. Do they have a working product existing already? Is it a utility token? So much bullshit to navigate that some just choose to say fuck it.
Also, supposedly the legal experts advising them might get into some shit if the SEC goes on a witch hunts.
Let's take switcheo. It's a token that can be used to reduce fees while trading other token on the platform. So is copping it early an investment? To some it may be, but it can be argued you just bought it to use it. They pulled the 'profit sharing' aspect for the ICO.
So much confusion man.
Bottom lime? Illegal immigrants might be getting paid.
