SnapCard lets you pay the IRS with bitcoin
— By Kirsten Korosec on January 17, 2014, 6:24 AM PST
Interesting. Of course, it should be obvious what will be coming next: Being made to pay capital gains on the fluctuation in the value to BitCoins. I suspect that the IRS will ultimately destroy the BitCoin not by fighting it, but by embracing it.
And you thought things were different this time? snapCard bandits: Users are charged a 1.87 percent fee for the payment process and a $10 fee per transaction -- sort of Citicorp, Bank of America, and even Goldman Sachs. It appears bitcoin is/has already becoming a toy of the 1%. And we the masses are again being totally manipulated but ignore it and, worse yet, love it. We are fools and idiots.