RE: Is US Government agaisnt Americans success in Cryptocurrencies or fear of its Dollar and Tax?

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Is US Government agaisnt Americans success in Cryptocurrencies or fear of its Dollar and Tax?

in bitcoin •  8 years ago 

My thoughts are this, BTC will be treated like a stock or other commodity exchange and you won't get taxed until it is converted into liquidable cash. So theoretically.....if i wanted to clean it, I would have my bitcoin, buy silver/gold off a website, have it shipped. go straight to the jewelry district and cash in. hell even the jewelry district takes BTC so just go there exchange and voila. Untraced cold hard cash.

bitcoin
8 years ago by

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      ·  8 years ago 

    Hehe smart comment indeed. I agree.

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