04-14-2013, 05:57 PM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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I like the idea of anonymity of a virtual currency in principle, for it's own sake and not for tax avoidance or as a conduit of unlawful activity.
There are no sales taxes, VAT taxes or income taxes paid on any virtual "currency" sale paid unless voluntarily declared by taxpayers. This I can see as a threat to governments worldwide. So virtual currencies will become, should they continue legally, subject to ever increasing government reporting and/or licensing.
A pork belly futures trader would go ape-shit over a Bitcoin futures option on the COMEX -- the volatility would be a money maker 
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