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LOL just like everybody pays all their taxes on gifts right? Do you know how Monero works? Monero is completely private and there's too many exchanges for the g
by sodafountan 9y ago
LOL just like everybody pays all their taxes on gifts right? Do you know how Monero works? Monero is completely private and there's too many exchanges for the government to audit them all, and besides that the laws are bound to change in the near future as crypto-currency becomes more viable. Stop being so cynical, it's a poor long-term life strategy.
- spookthesunset 9y agoSo besides money laundering, the other use case for the blockchain is tax fraud?
- sodafountan 9y agowhat I'm saying is that anybody who gives somebody five dollars is technically supposed to pay taxes on that, but when's the last time you did that? "Tax fraud" is rampant if you're going strictly by the book, it's not just limited to crypto-currencies. (But the fact that you attempted to make that point isn't surprising considering Hacker News in general seems to be very cynical towards crypto-currency)