I praise your casual buy kyc and DGAF spend it approach.

Reply to this note

Please Login to reply.

Discussion

Not saying that’s a good approach. I agree that no-KYC purchasing is the way to go. Just stating that if given KYC BTC, I’d personally rather keep and mix it than concede the taxes to the government by selling it.

Keep and mix doesn't erase the KYC record

Nope. My personal preference would be to keep them and then face the music in a hypothetical unrealized capital gains tax or confiscation scenario rather than pay the government their cap gains taxes now by selling on a KYC exchange. To each their own. 🤙