Thoughts?

https://news.bitcoin.com/crypto-exchange-coinbase-hands-over-customer-data-to-uk-tax-authority/

Not to all coinbase users, but the ones in UK haha  don't get Swat'ed tho UK boys

4 minutes ago, Kramnik said:

Not to all coinbase users, but the ones in UK haha  don't get Swat'ed tho UK boys

They are also possibly introducing to others

taxx tax tax they only want money for them self TRUMP2020

That's nothing new. Coinbase reports every person who transacts over $10k USD anyway. Only thing that's new here is that UK requested it for people who were at $5k instead of the $10k they would've reported anyway.

2 hours ago, Dbuffed said:

They are also possibly introducing to others

Well, anyway this is only bad if you use BTC to buy stuff with BTC if you want to cash out your BTC from goldfarming it would still appear on your income to tax office one way or another  

7 minutes ago, Kramnik said:

Well, anyway this is only bad if you use BTC to buy stuff with BTC if you want to cash out your BTC from goldfarming it would still appear on your income to tax office one way or another  

Yep correct, quite mad eh

South America never sounded so good

2 minutes ago, Nerotos said:

South America never sounded so good

They are starting to do other countries too

This is why decentralized exchanges and P2P trading will become more important. I've been trying to exchange with other users instead of buying from Coinbase now.