I'm guessing, move out of the nation? But to what other nation?
Portugal or Germany for example have zero tax on crypto but you have to be resident
for 12 months (something like that)
Like looking on the blockchain and seeing so many btc millionaires hardly doing much with their btc. Like, they got it long long ago but haven't sold but might owe taxes (trades, buying, etc. ) wonder how many people in general dont pay taxes? I heard it's a lot in the US for crypto holders.
Just as mk4 above posted, Crypto whales epitomise the terms "long term" and "HODL"
Think about it, if they didnt sell in
2007/2008 2017/2018 when the then ATH was $20,000 and
didnt sell this time around at the ATH of $68,000, they are long term HODLers.
Maybe they are waiting for the magic number of $100,000, maybe they are waiting until
they are 50 years of age, who knows?
EDIT - thanks @rhomelmabini below - that was some typo.