TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Coinbase pledges to fight IRS request in court

4 pointsby lowracleover 8 years ago

1 comment

philiphodgenover 8 years ago
As an international tax lawyer who has handled many, many cases for clients with money hidden in secret accounts offshore, I have two pieces of advice.<p>1. For Coinbase, this will not end well. The best Coinbase can hope for is a pretense (for marketing purposes) of Standing Up to The Man. Then a total data dump to the Department of Justice or go out of business.<p>2. For Bitcoin users, don&#x27;t cheat on your taxes. (Oblig.) If you are concerned about information leakage to the U.S. government, do business with a company that has no ties to the USA.<p>It&#x27;s not hard to see trendlines if you have watched for a while. Remember G.K. Chesterton&#x27;s fence.