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I think the implication was "cryptocurrency cannot be subpoenaed by tax authorities when you are engaged in fiscal evasion". This is certainly true, with an of
by bumholio 8y ago
I think the implication was "cryptocurrency cannot be subpoenaed by tax authorities when you are engaged in fiscal evasion".
This is certainly true, with an off-shore debit card linked to a crypto wallet one can evade most local taxes, while being exceptionally hard to trace down, unless engaging in conspicuous consumption.
- frozenport 8y agoI suspect the act of not paying for gains when converting them into money, would be criminal. You'd get caught when trying to cash out.
- JumpCrisscross 8y ago> an off-shore debit card linked to a crypto wallet one can evade most local taxes This is willful tax evasion. It is a crime for which you go to jail.