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January 25, 2024, 02:03:52 PM |
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The shift in my approach stems from changes in circumstances. Previously, I engaged in crypto trading, but now I prefer utilizing peer-to-peer transactions.
In practical terms, my government has the authority to request a comprehensive record of my transactions. While I am comfortable with them scrutinizing my recent activities, I am concerned about an extensive retrospective investigation spanning a decade, which is not possible with tokocrypto.
Once a account is completed on tokocrypto, it is final. No further access is granted.
In contrast, platforms like Binance pose another consideration. If confronted by tax authorities demanding transaction details, I might opt to close the account. Given the limitations of my country's legal power to pursue or obtain a warrant for my account, and considering the absence of any significant misconduct on my part, this seems a viable strategy.
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