Thanks Elmo

Reply to this note

Please Login to reply.

Discussion

Seriously though. The only real reason to worry about capital gains tax is if you sell large amounts on a central exchange. Think P2P and you will be fine. Use private spends in Sparrow Wallet. Stay under the radar. If you are going to think in terms of "fiat". Use cash

No one "owns BTC". The SEC declaring it as property is a scam. Where they get you is in the terms and cconditions and regulations of a central exchange. Selling or using BTC P2P is not and will never be illegal. If you use good privacy tactics and opsec there is no problem. The only way you can get in trouble P2P is if a FED sets you up for aiding illegal activity. To achieve thay they will have to say something like: "Thanks dude Ima take this BTC and buy drugs on the dark markets. Then they get you for aiding illegal activity not selling your BTC. There are people out there who can fuck you. But BTC "taxes" are all an illusion :)