Quote:
Originally Posted by donk.
I think he meant in regards to taxes
Cold wallet to cold wallet transfer = no "paper" trail for govt to track
But then how are you supposto buy dogicoins and supersafemoonelonrocketship coin  |
DEX exist. You can totally buy your favor of shitcoin without touching a CEX. But ofc liquidity is low on DEX so you will never get the best price versus CEX.
Issue with taxes is. There is no legal way for the government to prove you own cold wallet xyz. Or that you STILL have access to cold wallet xyz. What if your account on the CEX exchange is hacked? Who has the onus to prove whether you still have access to the fund.
Also Tornado cash exist.
As it exists taxes for crypto really is a honor system. People that make their
living on crypto will have way more of an incentive to report their earning.
Are we still talking about if this whole thing is a ponzi? See you all in a couple of years
