Exactly. And, FIFO, right? Have fun with that, buying Bitcoins, then buying Moneroj, and doing your taxes on each of *those* conversions, as well as on each purchase.

Actually FIFO is easier that the Canadian adjusted cost base system. I use a spreadsheet on LibreOffice calc to calculate this. Yes one does have to keep track of all expenses, but that has the added advantage of promoting fiscal prudence among citizens. In most "developed" countries the rise in poverty and the fall of the middle class is driven by debt fuelled consumption as opposed to falling incomes. This is why we see citizens and governments with ever increasing debt and corporations with ever increasing cash reserves. If the tax system makes consumption inconvenient by forcing people to track expenses that is actually a good thing. I do agree with don't buy, it is actually the easiest path to wealth for many people. A good place to start is propriety operating system licenses and bootloader locked devices.

By the way don't buy also applies to governments who could save billions of dollars by saying no to the likes of Microsoft and using FLOSS instead.

No. This is totally wrong.

If you tried to start your own company who's value proposition was that it had pioneered innovative ways of proving that it was not compromising your security, who do you think would come after you? Dell employees? Or cops? In the absence of the state OF COURSE such a company would come into being. You and me and everyone here and many many many others would pay for that peace of mind. Do you think entrepreneurs are going to pass up the opportunity to make a ton of money off of us?

In your example the corporations are logistical specialists at best. The teeth are still the state. The one who would (literally) club you over the head if you interjected and disrupted this unholy union would be agents of the state, not the agents of microsoft.

That's pretty convoluted logic. Requiring people to keep all receipts when using cryptocurrencies, and then having them meticulously enter all of the amounts and dates into some tax program, and keeping track of every single purchase and exchange rate on the front end, really isn't going to warm them up to the technology. No, they'll just keep using credit cards or cash. It decidedly *won't* stop people from spending money in their usual ways, it'll just stop people from using cryptocurrencies.

Could we get back on topic?

Sorry you are right. It is largely my fault. I have an off topic thread for the monero community somewhere.

Well I found it... Kind of... https://bt.irlbtc.com/view/1007593.0 Weird... Wonder where it went and why.

I believe that the two assets are not directly connected. In the previous bear run, XMR remained stable, while BTC kept sliding down. I think that many people will seize the opportunity of the current low prices on XMR vs the bull market of BTC in order to take some more XMRs for their stash; and yes, that's what I'm after.

PS:
I'm sorry for going off topic in my previous post.

It's on topic in the sense that increasing intrusiveness may increase demand for private cryptocurrencies (so long term speculation as opposed to wall watching; both are on topic). Or may being bans (if e.g. cash is banned and cryptocurrencies are treated as cash). Bans could have a positive or negative effect on price, opinions differ.

A few posts may have gone a bit far afield, but as long as it is tied to demand and future price of Monero it seems okay to me.

They will come when its too late: http://www.coindesk.com/be-vigilant-on-compliance-coinbase-warns-bitcoin-startups/

Bitcoin in the US is gone! Why? Push for regulation and taxation is at ATH and Bitcoin blockchain is open to everybody and your doge do tracking and surveillance, do the math, Coinbase already track your transactions and if you do something weird they ban you, you can't buy from them without KYC, it won't end nice. Thanks for all the fish Satoshi but the future of cryptocurrency requires something better, it requires Monero