How Feasible Is It in America to Acquire and Spend Bitcoin Anonymously? \ stacker news ~bitcoin

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How Feasible Is It in America to Acquire and Spend Bitcoin Anonymously?

155 sats \ 6 comments \ @spiderman 9 Oct bitcoin

To what extent can Americans acquire it completely anonymously, to get the IRS off its back? Can the IRS track coins acquired via Robosats?

By spending, I do not mean like buying a house, but relatively small transactions (less than USD 10,000) buying a plane ticket, international vacations, spending it outside America (especially in Switzerland plenty of options to do that).

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36 sats \ 1 reply \ @SimpleStacker 9 Oct

I think @siggy47 is our resident expert on robosats and can probably comment on this

30 sats \ 0 replies \ @siggy47 9 Oct

I wouldn't say I'm an expert by any means. If you wanted to go through the trouble, you could buy physical amazon cards at retail locations with cash, then buy bitcoin with those cards on robosats.

Then, you could go to a site with lightning log in, and spend your bitcoin.

This is all theoretical and certainly not a recommendation or suggestion

BTW - nice try, fed 😀

0 sats \ 0 replies \ @standardcrypto 9 Oct

You can but just remember the saying.

Play stupid games, win stupid prizes.

0 sats \ 0 replies \ @DarthCoin 9 Oct

IRS is a scam. Instead of wasting your time looking to avoid IRS, you better spend your time learning how to rebut all their bullshit.

Full video here - Ex-IRS Agent revealing the truth about IRS :

0 sats \ 0 replies \ @BeeRye 9 Oct

pretty easy. you'd need to be pushing some pretty serious weight to make it worth it to investigate you. If you buy your sats via robosats and spend em the IRS is never gonna get a 1099-B assigned to your SSN. That's how they catch you if you don't pay capital gains on stocks.

0 sats \ 0 replies \ @satgoob 9 Oct

Seems like there’s a lot of people who will trade BTC for cash and then mixing services too