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OK, 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
by betterunix 13y ago
OK, 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.