Apparently, IRS was using tracking software from Chainalysis since 2 years mostly to mark movement of money around the economy. Whole contract you can read at but mostly IRS thinks not enough people fill for taxes from crypto ie in 2015 only 802 people declared anything in USA (!). This is not unexpected but means soon some random people with a few tools will be able to fully track your money record, doesn't matter if it will be IRS for taxes or ie mobsters. This is one of the reasons anonymous currencies are currently raising in values. Worth also to when you send anything from wallets, this will mix up things a little too.

[ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy. Secure open source wallet has added Zcoin (XZC) support.

Top Anonymous Currencies This is my list if ive missed something that you think matters, leave it in comments. • ZEC Zcash - fully untraceable (as long as we believe it was launched properly). • DASH - mineable on x11 coin with masternodes and coin mixing. • XZC Zcoin - uses zerocash protocol and was launched before ZEC • EXCL ExclusiveCoin - proof of stake fork of DASH with same options • ZCL ZClassic - fork of ZEC but without founders fee (all you mine goes to you) • HUSH - another fork of ZEC with small premine for development • XMR Monero - cryptonote algo Notice that actually despite 7 coins chosen here, its mainly just 3 technologies which seem most safe. Each of the technologies has more forks and different coins but those listed here are the ones i own and see good future in. Follow, Resteem and VOTE UP creator of blog for 0day cryptocurrency news and tips! Capital gains in the United States would be 15%.

People active in the world of finance often use bank accounts in different countries. Regions such as Belgium, Belize, and even Hong Kong do not have any capital gains for Bitcoin as of right now. Opening a bank account in that country and using it for Bitcoin exchange purposes is within the confines of the law. However, this activity will still be scrutinized by the government, and may result in an investigation regarding the origins of said funds.

There are also laws regarding owning a foreign bank account which should be taken into account if you decide to go this route. My question is, does it even make sense to bother with foreign bank accounts anymore? We live in a post crypto world now and it seems to me that cold storage on a tiny device is completely impossible to crack down on even if we do have the technology to track every technology. Also, when it comes to capital gains, how do we calculate actually calculate these kinds of earnings in a fair way?

If the currency might drop in value dramatically during the actual transaction its insanely unfair to the citizen in that case. We really need to be able to pay taxes in a new kind of way to keep things fair. HUSH has acquired the Zcash developer who developed the windows and I think Mac GUI s for Zcash. I sold half my Zcash to get it. He's attracting new talent to the project.

Development is moving fast and it may soon get listed on Bittrex instead of just Cryptopia and Satoshi. Currently at 0.7% the price of Zcash (~ $1) with I think a potential to go to 10% the price of Zcash. So if Zcash goes back to 1/6 the price of BTC and HUSH goes to 1/10 the price of Zcash, then 33x more BTC per BTC invested is the potential of HUSH.

As mostly a clone of Zcash that will tap into ethereum and counterparty technology, it does not need a technological white paper to introduce anything new. Upcoming Einsteinium EMC2 Ico. The primary differences are that it's not funded by (and funding via 20% mining fees) an American private company like Zcash's Zerocoin Electric Coin Company, so it's more of an open source project that can't be shut down or influenced like Zcash's company (although Zcash can continue to live as open source without the company). 'HUSH' refers to it making messages on the chain anonymous like the coins. With secure messaging you can encrypt messages for 'privacy', but without HUSH, a 3rd party can always see who and when 2 parties (or IP addresses) are communicating even if they can't read what the messages are.

So HUSH adds anonymity to private messages. You can send a message and no one can connect you and the receiver. Spies have needed this technology forever and have several workarounds such as broadcasting numeric codes on shortwave radio, which is still being done today.

For long messages, the only message might be a link and key to an anonymous encrypted document on TOR or the IPFS. Buyers and sellers using the coin may want to be able to attach messages that have the same privacy + anonymity. There is a road map on the myhush.org web site with a link to the bitcointalk announcements. Here is an invite link to the Hush slack.

It's a great community, friendly and accessible. Zawy and madbuda are two of the stalwarts over there.:) The developer, radix42, is very highly thought of in the cryptocurrency community and refreshingly devoid of false promises and bullshit. There are so many great things happening in Hush's (near to medium term) future technology wise, plus Hush isn't on any of the big exchanges yet. So, as the features roll out, the exchanges wise up and word gets around, I expect Hush will be selling much closer to its true value. Hope to see you over at the slack! Carrying BTC has always been associated with this risk so yes, its sort of a given when blochchain can be read by anyone. And its virtually impossible to not to lose track of username or email that can lead it to you.

In any case, I would like to add another new coin on the horizon ONION: MC 3M, Airdrop continuing is one of my current favorites. This coin might give you a chance to grow your BTC too. I recommend just getting in and taking a look at it. Go to deepOnion.org or find it on BCT thread.