Nice post! I was just having a discussion with an acquaintance that said he was going to trade on behalf of others and not report the income. I asked him what happens if one of his clients gets busted for some other scheme they are in and flips on you because you've become worth more? Now you have tax and trading violations.
Keep these up. This is definitely something the community needs to be thinking about. Followed.
RE: What are the tax implications of investing in Bitcoin and other cyber currencies? (United States Tax Code)