As always, not a single reply.
I don't think anyone wants to even know anything about Bitcoin taxes. Just sitting there like an ostrish with your head in the sand, pretending that no one told you Bitcoin is taxable is most people's strategy.
They still think it's 'anonymous'
haha
try to cash out in an exchange
you got to give more id than you can imagine
then they limit you to a lousy 50K a week
so if you made a big hit, it would take years to withdraw
yet the irs wants taxes on it as soon as the exchange sells it
and the main exchanges know who you really are
so
1. it's not anonymous when you exit
2. the exchanges are a trap for big exits, they won't let you take out huge wins
the more you look at all crypto the more you see big brother
sure when it's in a wallet you can't use it is anonymous
try to spend it, impossible so you sell it have big wallet in cash in exchange then you can't move much out
haha
so no one is really talking about what is the end game
all it did is trap you into the coin with no real hope of exiting mega millions even if you made them
now, they want to instantly collect on gains when you just move into a new coin
so forget about coinbase, they will soon be feeding the irs every account holders info
then bitcoin gains will pay off the debt
I agree with you. It when when you cash out your earnings in bitcoin taxes came in. Many people say that bitcoin cannot be taxable but as long as there is transactions that is regulated by the government then we have to pay the toll. In any ways we should disragard the tax and continue earning in bitcoin fairly and legally.
