I feel you 💯% when you say f the IRS, but the reality is I wouldn't want to get audited and fined...
I have thought of options though like relocating to El Salvador
Discussion
And renounce citizenship? Either way the man gets his cut.
Would not renouce citizenship... I wouldn't have to covert back to USD though and took enough privacy precautions with my stack... Doubt the IRS would send someone to reconcile
EL Salvador is the nuclear option; hence the reason for my question in the first place
Legally if you are a citizen and spend bitcoin anywhere, its a taxable event.
I understand that completely... My point is I'd feel safer saying screw the IRS if I didn't have to convert back to USD and use those payment rails versus spending it in a district where bitcoin is already legal (and already done my homework of making my stack more private)