Replying to Avatar BTC-BACKPACKER

Has anyone thought of loading up cash google play gift cards and buying essentially Bitcoin via Nostr.....

ie . cash to Google Play store gift card at a store ( Non KYC )

Would this in theory mean your buying non KYC SATs ?

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#Bitcoin #dca #hodl #sats #stacksats #soundmoney #stayhumble #btc #zaps #zap #coffee #powerlaw #nostr #asknostr
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Uno 11mo ago 💬 2

Yes, but if the IRS found out it's technically tax evasion

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BTC-BACKPACKER 11mo ago

explain further , how would it be tax evasion? it's saying it's not charging me tax is this why ?

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Uno 11mo ago

Technically it would still count as a taxable event, not to say you couldn't get away with it, just if caught and large enough amounts you'd probably get in trouble if you didn't report it.