RE: Even Coinbase can't beat the tax man

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Even Coinbase can't beat the tax man

in whalepower •  7 years ago 

I suspect you're right, but hard to know until more news comes out. According to the original IRS papers, anyone "transacting" more than $20k worth in a year was to have submitted, but I believe Coinbase should have sheared that down to the ones who cashed BTC out, as you say.

Not a big fan of Coinbase, but good on them to resist for a while.

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Yea I have never used coinbase