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9 sats \ 2 replies \ @expatriotic OP 29 Jan \ parent \ on: How to Acquire No KYC Bitcoin bitcoin_beginners
That's the point, they don't /can't "track". But they have you on the hook for what you bought. And if you "don't have it" anymore, then pony up the dough for the capital gains.
The point is, other than being on a list and having a knock on your door when your address gets leaked to the dark web as being a bitcoin holder, you are now on a list that the IRS can request from that exchange. Did you declare during your normie taxes you had bitcoin? No, now you're a fraud... Yikes. Better to partition and not let them touch.
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0 sats \ 1 reply \ @DarthCoin 29 Jan
You declare your income to IRS because you are scared. I don't give a shit about any tax agency because I rebut their authority in just 5 min. Their laws do not apply over my btc. We are not the same.
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9 sats \ 0 replies \ @expatriotic OP 29 Jan
I declare my income because it's already automatically paid by my employer in China and while I pay the accountant $200 a year, the IRS gives me $3333 a year (because I have kids). Things are nuanced. We are not the same.
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