Replying to Avatar graffiti

I just want to point out that the IRS will make believe that every satoshi going out of your wallet, is a capital gain, and every satoshi that is received, is income, effectively causing the value transmitted to be worth only ~50% of what was sent after they come after you.

KYC is a bitch. Be careful out there.
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PL 1y ago

Never heard of that. They don’t treat utxo as dollar bills? I pay you $14 with a $20. You have $14 of income and I get $6 of change. Not $6 of income and you $20.

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graffiti 1y ago

IF, and only if, their chain analysis software can trace your ownership in that way. That will not be the case in a payjoin transaction as far as I can tell.