202 sats \ 6 replies \ @CUMDUMPSTER 24 Dec 2023 \ on: Un-KYC My Bitcoin bitcoin
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Or you move it to another address shortly after buying, giving you plausible deniability and no real tax impact?
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Yes, what I actually meant: what if you sold bitcoin p2p at the price you bought it (within 1-2 days of buying)? No capital gains..
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thats a good way to put it.....or leave the country
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Right. I think the idea above is you buy hashrate and take the tax event, then when you mine it is on you to report it.
I can also see how different mining payouts could impact the move to a no-kyc stack. Eg potential to hit a luck streak on a PPLNS pool.
(Also, I’m not an accountant)
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