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You go on to an exchange and buy and sell some coins until you are up 3000%. So the IRS wants their pound of flesh but you kinda like your flesh, so you dont cash out and you just transfer your coins off the exchange.
What then? Do you just cash out slowly on a completely separate exchange in $3999 lots? Cash out at a shop? Wait for Trumps tax plan to lower income tax to 15%? Hold until crypto replaces fiat?
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move to some island nation and bribe the authorities to let you operate there
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>>2888649
Use Bitcoin to buy hold directly, then hold it until the next housing market crash (2020). Flip the gold at a profit then when it inevitably skyrockets.
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what do you mean cash out at a shop?
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If you're desperate - theres BTC for Cash services on tor
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>>2888675
But even then, cashing out gold is still watched by the IRS.
>>2888681
If you were talking like 500 dollars, I could see that. But who tax evades for 500 dollars. What if that was 50,000 dollars. You are looking at risk, the sort of risk where you wake up in a wooden box and your air supply is quickly running out.
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>>2888698
>But even then, cashing out gold is still watched by the IRS.
Not if you sell it for paper to Rocko down at the pawn shop.
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>>2888980
I dont think Rocko gives fair market value for your coins and his two friends, Jamal and Tyrone always take his side when there is a disagreement about what fair market value means. Sure is a lot of work getting around the IRS.
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>>2888649
sadly, if you want to use the feds currency, you have to pay them (with their currency) to be able to use it
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>put money in USB stick
>wait for 10 years when BTC is 6 figures a coin
>go to Switzerland or other BTC-havens and buy a McMansion directly with BTC with minimum taxes
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>>2889208
>Arrive there and open your flash stick
>Find your little sisters Algebra homework that she lost in the 7th grade.
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>>2888649
>What then?
Buy stuff with BTC. Do not convert it to fiat.
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>>2888980
>Not if you sell it for paper to Rocko down at the pawn shop.
They take a huge cut.
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>>2888649
Look anon, even though you went out of your way to learn how to trade shitcoins and risk your own money - go fck yourself. Tyrone needs his food stamps you selfish faggot.
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>be me, germanfag
>live in socialist hellhole caliphate
>cryptos tax free however
>even gold is tax free if you hold longer than one year
guess being a eurocuck is not so bad after all
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