Congrats on your NgU fiat gains. Don't forget to pay cap gains tax (~30%) or risk going to jail.

Next time, grow a pair and stack no-KYC. That 3% no-KYC premium suddenly is looking very cheap anon.

Reply to this note

Please Login to reply.

Discussion

Thoughts on buying KYC bitcoin and then Whirlpool?

Whirlpool only gives you "forward privacy", i.e. it hides where and how much you spend.

It can't hide the fact that you bought it and when. It can't take your name off "The List".

Damn...good point

Glad that was enlightning. You also have people (mistakenly) believing the opposite: that buying no-KYC is enough, no need to whirlpool.

Both are needed for any modest chance of privacy.

This is why we need privacy at the base chain. The only coin I know that does this is monero.

True

As someone who has been audited by the IRS for crypto, this is what it looks like when you don't get your taxes right. AMA

You still have to pay tax when you sell it for fiat. It doesn't matter how you bought it.

No you don't

BTW, i hope you found some good tax software for lightning, oh wait, there isn't any. Oops