Because a major feature of Bitcoin is: anonymity.

If I use BTC to make a purchase, do I need to pay taxes to the IRS? If BTC is anonymous, how does the IRS know?

Similarly, if I buy cryptocurrency on the cash app and transfer it to my personal wallet, will this be considered a sale of my coins? How will the tax bureau track all this?

Provided that tax is required in the trade of cryptocurrency, do I still need to pay the tax when I'm losing money in the market?

I agree with that. 。。


Bitcoin won’t disappear, and there’s no reason why it should. And when there is the internet, Bitcoin will live, no one can kill Bitcoin, the national government can only stop the development of bitcoin but can not completely ban bitcoin,

If you want to know something in this forum, you can search it first, or look at everyone’s posts. First, you enter this forum to learn it by yourself. If you have any questions that you really can’t answer, you can post them for help,


this forum is for everyone to discuss and exchange. Friends from all over the world, if you have any other questions you want to ask, if everyone knows, they will tell you to help you,

The new coin is innovative on the basis of the old coin. If you like the old coin and don't care about profit, you can invest in the old coin. My suggestion is that if it is a valuable coin, whether it is new or old, it is worth investing. It is not that only new coins are good coins, and no one will say that only old coins are worth investing in. , But investment is risky. The current new currency has the risk of speculation. You still need to understand it before you plan to invest in the project.

I will show my friend when I am trading, let him feel it, and we will share with each other when there is news. He said that he will give me a bitcoin necklace for my birthday this year (of course I know it is Fake production) But I am still very happy and looking forward to it, but he gave me this gift and I have to think of a wonderful gift for him.

I think this is normal.
This is because people think that the government is just relying on it. If something goes wrong, the government can be approached, and the government will not run away with money. If you invest in other places, the risk is higher.

In the past few days, I also learned about Bitcoin. Not long ago, I also thought about the relationship between Bitcoin and blockchain. Many novices should not know their relationship.
This is what I learned: Bitcoin and blockchain are complementary, and if there is no Bitcoin, no one knows about the blockchain. Many people now talk about blockchain when they talk about digital currencies. When it comes to blockchain, Bitcoin will definitely be talked about. In 2009, the Bitcoin created by Satoshi Nakamoto and the genesis block were naturally linked together, forming a whole with two sides. In a sense, the coin chain is integrated. This theory is particularly reasonable.

The Chinese government feels that it cannot control Bitcoin or cryptocurrency, because cryptocurrency is free and not regulated by others. Everyone think about the fact that domestic funds are not regulated, which is unacceptable to any normal country, which means that the economy is out of control. For example, if a company uses Bitcoin to do business, the entire transaction is not transparent, and how the government collects taxes. Bitcoin wants to replace legal currency, which can only be effective for some small countries.

The reason for the government’s opposition to cryptocurrency may be that it feels that it cannot control cryptocurrency and reduces the control of people in the government. If everyone uses cryptocurrency, the government feels dangerous. There is also the use of legal currency that has been stolen or deceived. The government can help to retrieve it. However, some countries set Bitcoin as legal currency because they want to get rid of the constraints of some major countries. However, no country has completely banned cryptocurrency.

Maybe some timid people will give up Bitcoin and keep him in the wallet. After a few years, no country bans Bitcoin before he can use it normally,
or sell his Bitcoin in other countries and convert it into legal currency. So as not to be punished by being discovered,

Poverty will exist. Some countries may help the poor, but some small countries cannot help, so the poor are still poor. Everyone has their own way of life. Everyone's pursuit is different. The rich may lead a busy life. The poor live a happy life, the rich may enjoy it, the poor live a rich life, but there are also active people among the poor who succeed through their own efforts, and the rich may also fail and become poor due to investment failures. But in the world It will not completely eliminate the poor. It can only be said that the poor will work hard to get rich.

No one can control Bitcoin, but the government wants to control the people through fiat currency. If certain countries are allowed to set Bitcoin as legal tender, this is a bit but may be successful. After all, there are many examples of Bitcoin as legal tender. Yes, but there will still be opposition parties. Everyone has a Bitcoin investment mentality. They have not yet used Bitcoin for daily payments. If you use Bitcoin to use legal tender, the government may ban Bitcoin. Because the government feels he cannot control people.

Although Bitcoin is currently falling, I still think it will rise, because Bitcoin is a long-term asset, and many countries have allowed the use of cryptocurrencies. No country can completely ban Bitcoin. There are also many countries that take the initiative to learn blockchain knowledge. Blockchain technology can be applied to daily life, so the future of Bitcoin is worth looking forward to.

There is actually no problem for women to enter cryptocurrency, but generally women should not be interested in this aspect, and cryptocurrency does not mean that only men can trade. Now that more and more people know about cryptocurrency, this is the beginning, but for women, it is because they are more emotional and will miss many opportunities. But a lot of encryption knowledge still needs to be learned,

I think Bitcoin will definitely rise. It should not be possible to reach $10k. It is a test of people’s mentality now, but at this time, you should be a little patient and don’t just sell your Bitcoin easily, because now the negative news about Bitcoin is fast No more, it will be back to the same as before。

Since most of the mines are located in China, the ban on Bitcoin mining in China will definitely have an impact on Bitcoin, but this is only temporary. No country can completely ban Bitcoin. The cryptocurrency market has its ups and downs. I believe that Bitcoin will definitely rise.

Every time Bitcoin falls, people are always worried and think that Bitcoin will not "rebound", but everyone forgets that the market is ups and downs. No currency is rising all the time. If you buy at a low point, he still If you fall, you must keep holding and don't sell it lightly, because Bitcoin will definitely "rebound", and maybe the low price is an opportunity. Grasp every price drop.

I'm lazy. I don't want to operate this all the time. I like to invest in long-term currencies. I only focus on 3 top market assets. BNB, UNI and DOT.

Since I started to contact Bitcoin, I have never worried that Bitcoin will fall. Looking back on the history of Bitcoin, Bitcoin has basically returned to zero several times, but it has survived. It has slowly grown to the present, from the time when Bitcoin was sent to the present. It has been ten years, and there is nothing that can stop Bitcoin, and now there are countries that have set Bitcoin as legal tender. I am very optimistic about the future development of Bitcoin.

I want to know why the blockchain technology countries will recognize learning, but everyone is not very optimistic about Bitcoin, or it is forbidden to use mining, but the blockchain is the underlying technology of Bitcoin, and Bitcoin is equivalent to the first of the blockchain Application, why is everyone still slandering Bitcoin? When learning the blockchain, they are attacking Bitcoin? There are some people who don’t know Bitcoin and slander Bitcoin. Why?