tom2013

That's crazy they wont take "I bought bitcoin back when it was around 20k and held onto it for years" approach! What are the probably many other people who still have bitcoin from 2013 and so on when it was only a few…

Thanks, yeah how about like 1 entire bitcoin? Lets say someone bought bitcoin every couple weeks over time and has 1 bitcoin. Bought via exchange, and ATMs that don't require ID and just converted to XMR, sent to…

In case you're wondering, you might want to check out the incognito wallet/exchange. No KYC, you can privately convert to XMR and there is no info they can give to the gov even if they wanted to but the best part is…

They wont if they dont know what you own. The issue is when you want to cash out or buy something big. They'll ask "Where did you get this from?" You can say I bought the bitcoin at 50k but if you cant prove it, I…

Thank you very much for your opinions! Oh to clarify I mean specifically bitcoin that was either not bought on a kyc exchange (ATMs with a burner phone) or bought before KYC was a thing, or mined. Also including btc…

So, here's my second question. Does anyone have a clue how many folks are buying or selling bitcoin without paying taxes? I've heard it's a ton, but not sure what the actual percentage is. A lot of people I know into…