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Old 12-10-2013, 08:26 PM  
isteve
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Join Date: Jun 2012
Location: Saint-Jean-sur-Richelieu (near Montreal)
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Quote:
Originally Posted by AdultKing View Post
1 bitcoin is worth 1 bitcoin when the means to transfer it into other currency goes away.
What will you do if file locker sites accept BTC only, pays their uploaders by BTC and sell the BTC they earn locally, using LocalBitcoins ( https://localbitcoins.com/ ), and still declare their profit and pay their taxes?

In such a system, the site owners and its uploaders sells BTC for cash, the cash then gets added to their bank account (since the site owner pay his taxes) using manual deposit of cash.

If I was you, I would begin to think for a new strategy to fight piracy, because your current way of dealing with it won't work with BTC only sites.

Good luck.

Last edited by isteve; 12-10-2013 at 08:27 PM..
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