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Could just not say you own BitCoins, unless you have a couple thousand I doubt you'll even be a blip on their radar. If you have that many, you could just sprea
by lettergram 13y ago
Could just not say you own BitCoins, unless you have a couple thousand I doubt you'll even be a blip on their radar. If you have that many, you could just spread them around wallets too... Really I can't see them picking up on it if you do it right.
- betterunix 13y agoOK, but this is not in any way Bitcoin-specific. You can do this with USD also. Again, as I noted elsewhere, the mafia has this exact problem: they have too much money to avoid being a blip (hence money laundering operations). What is the use of money that you cannot spend? Like I said, people cheat on their taxes all the time, and they often get away with it. Bitcoin does not add anything to this. The IRS knows how to audit cash, which is vastly more anonymous than Bitcoin.