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/biz/ - Business & Finance

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4671413 No.4671413 [Reply] [Original]

You make your gains in whatever coins you want then switch it all to XMR. Then, switch it back to a brand new bitcoin wallet that's only been opened on an entirely different IP address, then cash out immediately afterwards. There's no gains which means there's no taxes. How is the IRS going to trace through monero?

They can't. BTFO.

>> No.4671524

Disprove this.

>> No.4671591

>>4671413
XMR is my biggest HODL, so far so good

>> No.4671613

>>4671413
Uhh the cashing out part of your plan?

>> No.4671621

>>4671413
maybe you shouldnt advertise it as such, just a suggestion

>> No.4671629

Do you still need to state where this money came from though?

>> No.4671794

>Charge bank for $1,000 of bitcoin
>Next year cash out $10,000

Good luck with that anon.

I do love XMR though.

>> No.4671857
File: 409 KB, 1000x1416, oijawef12.png [View same] [iqdb] [saucenao] [google]
4671857

>>4671524
I literally can't. Pseudo-anonymous coins on suicide watch

>> No.4671953

>>4671794
Tbh true. There may still be a way around that. I know I never paid through bank though. Feelsgoodman.

>> No.4671969

>you're living above your means
>prove where you're getting your shekels
>asset forfeiture, back taxes, fines, prison
it's that easy.

>> No.4672249

>>4671969
You're living in the past boomer.