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You can do the same with cash, why not extend that to digital money? After receiving a cyrpto paying you can declare it to the goverment if it goes above the mi
by angio 4y ago
You can do the same with cash, why not extend that to digital money? After receiving a cyrpto paying you can declare it to the goverment if it goes above the minimum required by law (exactly as with cash). It would be ridiculous if you had to KYC for a 200$ cash payment.
- empthought 4y agoThat's going the wrong direction. Cash should be eliminated as it is a flawed method of accounting for credit/debt.