[yebyen]

Thanks for that! It sounds more plausible than a regular house of cards. I never even think of sales tax. It makes things a lot more complicated than just having income tax.

For instance, should you collect sales tax when selling bitcoins? If you are in a jurisdiction that collects sales tax, then I don't see why not. Also pay income tax on your mining rewards. Now, good luck making a profit! *(without adding a secondary business, unrelated to mining. hey, at least you can be paid in bitcoins!)