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11494813 No.11494813[DELETED]  [Reply] [Original]

hypothetical situation:

I have 38824 XMR from selling on d3333bwehhb.
How do i cash out to bank account

Lets hear your suggestions

>> No.11494833

bump.

this piques my interest

>> No.11494839

>>11494813
You only have a few choices. Localmonero, an old school sketchy OTC deal brokered by some third party that's "trustworthy", or the usual suspects like Coinbase and Kraken. Pretty sure localmonero is compromised.

>> No.11494842

buy bitcorn and sell on coinerbase then send to bank account

>> No.11494846

we found a monero mining company in a country where they respect privacy, you give me all Monero and I pay them back to you over a 2 year span. they can't tell if the Monero are freshly minted since Monero is private. We dont reveal our "hardware" since its secret and say we developed a very efficient ASIC in case somebody asks.

I'll do it for 15%

>> No.11494860

Payfair.io is working on implementing Monero. when they do you can cash out without KYC

>> No.11494861

>>11494846
theoretically we can do like 0.8 Monero per block and claim we own like 15-20% of the network hashrate. they couldnt make us prove it to them (and we'd do it in a privacy respecting country anyways).
could pay out to oyu via dividends to save on taxes too

>> No.11494866

I can teach you the whole process OP, if you pay me 1 XMR.

Deal?

We can proceed through xmpp/jabber/protonmail.

>> No.11494876

>>11494813
Transfer to exchanges without KYC, change to BTC, then you have many options like;
order prepaid anon credit cards which can be paid by BTC, buy stuff with BTC and sell for fiat money, use BTC "vending machines where you get fiat anonymously etc.. you'll lose some for the fees and stuff but that is the price for anonymity.

>> No.11494878

>>11494842
if we can to do it even less suspicious we could do like 0.1XMR per block (every 2 minutes) we'd have our 38824 XMR mined in 539.2 days
very reasonable time span

>> No.11494879

>>11494813

Ill help you out faggot.

1. Method.
>Find a cleancut anon or be it yourself if you havnt had trouble with the law before.
>Then start cashouting increments of 10k$ and pay the income tax.
>If all goes well the taxman shouldnt be worried with you since you pay the tax income.
>If the taxman starts to question you then explain you bought XMR at a very cheap price. They will ask for confirmation. Now if you dont have it. Then say that it was donated via darkweb. There is no way to prove this. Since its a donation and its legal to donate you can say "Hey man, im going to pay the tax income so i can be a good pleb. Whats the problem?". If they cant prove you have got this money in an illicit way they must free your funds. Thats why you send 10k$ increments so they wont hold all your assets.

2. Method.
>Sell your XMR on OTC (off the counter).
>Get the fiat as a donation. This must be in the description.
>Taxman will get angry at you bcs you are not paying tax income. You will be put under surveillance.
>In theory hire a lawyer just in-case but they cant do anything again because a donation is legal.

Personally i wouldnt mess with the taxman. Just pay the tax income and be done with it. Dont cashout all of it, do it in increments. If they start fucking with you just change banks or/and country. Then start over. The key here is donations. That is totally a legal way. This doesnt work if you have done criminal work before because they will use that past experience to label you. They will surveillance you so be a good boy and just be normal.

Since you have too much funds here you can help another anon out.

XMR

Payment ID:
729df29f0900cf0075240fc4d12fca8724fd6a2f4b6c6bf389183e5c709188c6

Address:
44tLjmXrQNrWJ5NBsEj2R77ZBEgDa3fEe9GLpSf2FRmhexPvfYDUAB7EXX1Hdb3aMQ9FLqdJ56yaAhiXoRsceGJCRS3Jxkn

>> No.11494976

>>11494861
difficult

>>11494879
This is just stupid. As a not famous person its unexplainable to get 4 million dollars just donated to you.

>> No.11494985

>>11494813
That's like more than a million dollars in xmr holy shit

>> No.11494988

>>11494813
I run a washing service. you can send it to me and I will return you clean btc or a bank wire transfer. Just send me a signed message to 86AhaEdKDCCHmYR7cQtUFANycHZpxtAkPWQHa4qMSfz7chVykqX7zJzhcQEWQp5wAChHL2XLuYp1pYm8nDeXx1QkLYxuhi8

>> No.11495004

>>11494976
This is not stupid. Im kind of baffled why you think this is stupid but alas dont use it. My friend who did it taught me that and he was questioned where did it come from. He said it was a donation via decentralized network. His funds were held for 1 month because of investigation and he got it free. He also hired a lawyer just in-case. He was surveillanced though. It was showed to him where he was and what he did.

The thing is that the bank cant hold or freeze your funds eternally. They must release it if there is no probable cause to hold it but sure bash my idea down so you can eventually use it. It would be ethical to give back to people who help you if you have too much fucking money.

>> No.11495019

You need to transfer it to BTC, that is step one. Do this through a Maltese exchange or some shit

Step 2 is transfer the BTC directly to precious metals through a banking service in Switzerland or Malta

From there you have a lot of options, I wouldn't even cash that out if I were yoh

>> No.11495033

Or step 3, which is just hodl until you can cash out xmr directly , which will happen within the next 5 years

>> No.11495169

>>11495004
This could work if you would cash out a couple thousand dollars. But not millions.

>>11495019
I heard the the banking secrecy laws are no longer in affect there now too.

>> No.11495187

Easy. Just claim to be an early investor in Monero, that you bought it for less than $1 each on an exchange that no longer exists, so you have no records.

They can't prove when you got your monero, so they have to take your word for it. You'll be paying taxes on it, and close to the highest amount possible (almost all profit) so there's no way the gubmint can complain that you're a tax cheat or involved in something illegal.

Taxes will suck, but something like ~25% to wash dirty money safely is more than worth it.

>> No.11495200

>>11494879
OTC means over-the-counter not off-the-counter... just for future reference

>> No.11495202

establish a delaware based shell company and just register everything under its name

>> No.11495226

>>11495169
False my friend cashed out above the 3digit k's range.

>> No.11495250

>>11494976
pretty easy, you would hypothetically need 550 days of time though and it'll be clean fiat paid out via dividends.

>> No.11495251

>>11494813
Drop the xmr to binance, move to btc - cash out btc

>> No.11495275

These fucks are all retarded. They're like "PAY TAXES" -> Taxation is theft.

Send some XMR to your binance account. make several. Sell it into Bitcoin. Cash it via Fiat.

There. Saved you a fuckload of retarded time.

>> No.11495320

>>11495250
What I don't understand in your solution is this:

Does it require trust or are you smartcontracting this shit? Why should OP believe you?

>> No.11495327

>>11495275
The problem is every bitcoin/fiat gateway is completely compromised in the US. Everyone knows that you would use an offshore exchange like Binance for the xmr/bitcoin trade. The issue is not getting nailed a week after receiving a huge cash deposit from Coinbase.

>> No.11495333

>>11495327

so go to a different country and cash out.

>> No.11495348

>>11495327

Even if you have to pay capital gains (in this case starting from the first coin down to the last), can they prove that you did not mine it 3 years ago and then sold the hardware?

>> No.11495471

>>11495333
Sure but then what? If you want to get back to the US that money will raise a red flag like any substantial bank transfer does. You're just raising a different kind of red flag.
>>11495348
This could work.

>> No.11495583

>>11494860
Because payfair is user friendly and totally has the volume for that much monero.

>> No.11495589

How about, don’t fucking cash out and just use it when you need it

>> No.11495618 [DELETED] 
File: 222 KB, 1600x1381, lego_rainbow_dash.jpg [View same] [iqdb] [saucenao] [google]
11495618

>>11494813

buy LEGOs on d333333bwehhhhhhbbbb

>> No.11495633

>>11495583
U can cash out in batches, avoids suspicion even better. And btw it just takes a 2-3 players with big money, if you can find them you're set, daily volume doesn't mean shit. I've found a guy who was willing to sell 100btc on there

>> No.11495650

>>11495320
no, OP could automatically send me 0.1XMR per block with a script and I make daily fiat payments to him to make it look like im mining and im paying my shareholder (OP) 85% of a contractual agreement.
This way we could build trust trust on a daily basis as never more than 72 Monero is at stake per day.
Nobody can say that I don't have a super-ASIC and a privacy protecting government wouldn't care.
You'd have to have some kind of electricity bill though, just setup a small GPU farm and enclose them in boxes and nobody is allowed to open them because you say your secret sauce is in there.
This will make it look more legitimate & electricity bill is there.

>> No.11495698

>>11495650
OK, it makes some sense but you could still get away with $7.5k in a single day if you wanted to

>> No.11495744

Buy a few btc through coinbase, send to binance, sell the xmr, wait a while, then create a spreadsheet with a bunch of really good trades doing 2x then 2x again and some bad ones to make it look real then cash out

Youre just a good trader anon, cash it out somewhere where tax is low or there is none, you have "proof" of trades and thats that

Here in slovenia if you do less than 100 trades over 1 year then you pay no tax cuz youre not an active trader

If that helped:
88WqsYwkCPKMQgn4dqcmEwCw2Qgr93kJVVocJD9h3qvMGvttDpB8MB9P4JjwE8pwjkNDcqLi42dVy8gEMKXVoKEWAuiXton

>> No.11495765

>>11495589
this, pls dont crash xmr
actually wait, please market dump them but give us a warning first XD

>> No.11495789

>>11494813
These people are low level idiots with their advice -this is what you do to cash out, pay little to no tax and not have the taxman on your ass (also, I can help in setting this up if you need):

1. set up an offshore corp in a tax haven (0% tax rate on funds that aren't repatriated to the US
2. set up a domestic S or C corporation (50k yearly pass through to personal taxes at 0% tax rate)
3. Purchase things through domestic or foreign Corporations and deduct from taxes
4. Give yourself a salary from the corporations (salary is deducted from corporate income, making corporations operate at a loss.
5. Profit with no beef from taxman.

>> No.11495829
File: 15 KB, 400x400, 247529348524.jpg [View same] [iqdb] [saucenao] [google]
11495829

>>11494813
>he thinks he can cash out

>> No.11495848

>>11495698
true, could start like 0.1 every 5th block in the beginning to minimize risk and slowly go from there.

>> No.11495895

>>11495789
this sounds like the correct (jew) way to do this. anyone see flaws?

>> No.11495961

>>11494813

offshore it

>xhv

>> No.11496074

>>11495895
It's just a drawn out way to pay yourself over a long period of time. Doesn't really solve the more interesting issue of getting your hands on all of the cash quickly. Not saying it's a bad idea though as I'm sure this is what quite a few bitcoin millionaires have done. Not sure how difficult it is to incorporate in a tax haven as a US citizen, hopefully not too much trouble.

>> No.11496168

>>11494813
You don't.
Keep building your crypto empire until a better opportunity to cash out presents itself or you have enough to buy a small country, whichever happens first.

>> No.11496169

>>11496074
If you need the loot quicker, just set up more companies.

>> No.11496223

1. Using Tor changelly your XMR to BTC
2. Send BTC to your Bisq.io account
3. Sell
4. Never use the used XMR and Bisq acc ever again

>> No.11496545

>>11494813
arent they untraceable? kek

>> No.11496664

>>11496545
The left can't meme.

>> No.11496779

>>11494813
Since you acquired all the money illegally you'll need to launder it before putting it in back accounts, just like cartels with cash. Since it's online currency you launder through an online business. Globee will process those xmr for you.

Also if you're ever trading xmr to btc (for better first liquidity I would imagine although there are OTC providers for xmr) you should use xmr.to

>> No.11496808

>>11496168
Yeah this actually. IRS can't touch you on Mars. You'll get in on the ground floor with enough xmr to build a monumental space business empire.

>> No.11496814

>>11494976

>start handy man/construction company.
>offer to paint peoples houses for unbelievably low prices.
>fudge the accounting and claim you got paid more.
>pay all of your taxes. At first
>when your company has grown to a considerable size, open another business or another branch of this same business.
>cash out while helping society

>> No.11496893

>>11496223
Is bisq even trust worthy? I don't like giving exchanges my info after all the repeated hacks that keep happening.

>> No.11496976

>>11496223
Brainlets ITT. What are you just going to have $4M appear in your bank account? Or what are you going to do with $4M in cash from localmonero? You have to launder it and the specifics of that are probably beyond most here.

>> No.11497033

>>11494976
Start a crowdfunding campaign for some bullshit and donate to yourself

>> No.11497082

Here is how you do it:

>buy some bitcoin
>like literally any amount but the higher the better, put it on an exchange like binance
>wait a week
>now go check on binance what the optimal trading strategy was for that week. With hindsight it is easy to say like if I put x in coin y, my gain would have been x+200%
>now send the 200% worth of monero to binance, sell for btc and withdraw original btc+"profit"
>If askedd just say you traded for profit

Anything wrong with this plan?

>> No.11497082,1 [INTERNAL] 

>>11494839
What makes you think LocalMonero is compromised?

>> No.11497143

>>11494839
Even if it isn't compromised, it's full of scammers

>> No.11497277

>>11497082
You're supposed to document all trades if we're going full autism.

>> No.11497329

>>11497277
I thought the same thing, but you realistically could just write the trades retroactively. The government is currently not subpoena-ing exchanges for annual trade records. This may change in the future though

>> No.11497334

>>11497082
you literally wrote what i wrote >>11495744

>> No.11497404

Kraken, but don't dump it, mmkay?

>> No.11497677

launder it like the jews do: art and politics

>> No.11497774

>>11497677
know anybody selling a van gogh or a congressional vote for XMR?

>> No.11497785

>>11497329
Binance is Maltese/Chinese so it'ss no unlikely anyone has authority to even request the real data. If you really wanted you can do it on a decentralized exchange

>> No.11497946

>>11495848
Thanks, that could work, it would take a lot of work and require me to move countries. If i end up doing it it would be with someone i know in real life obviously.

>>11495789
This also could work but would take a lot of work.

>>11496223
And next day get arrested by the feds.

>>11496814
interesting

>>11497334
risky

>>11497785
decentralized exchanges don't have the liquidity

>> No.11498046

>>11494813
Convert to a coinbase coin and open a shift card which will directly debit from your coinbase account. Granted, this is for leisurely spending, if you want lump sum to buy a house or something then you'll most likely have to pay the MAN

>> No.11498133

I made about 100k in profits from Bitcoin / monero. I am just going to pay 15% on that to the IRS and call it good. Slightly over half my profit was long term capital gains but ive made a lot of trades in 2018 and the tax situation with crypto is so confusing I am just going to write them a 15k check and pray to God they don't come after me.

>> No.11498216

>>11498133
The issue with my situation is I don't even like doing this because I know most of the people who own crypto aren't even going to pay taxes. The law regarding crypto is so ridiculous now that they expect you to pay taxes on anything PURCHASED with crypto. And any trades you made with crypto after the start of 2018.

So many people are not even going to bother paying anything and I don't think the government has the power to enforce these ridiculous crypto laws.

So Im concerned I pay my tax and the government comes back and says, hey prove you paid the right amount all the while 80% of crypto community didn't report anything or pay any taxes and nothing happens to them.

>> No.11498612

>>11498133
>>11498216
You're just flagging yourself by paying without documentation. Talk to an accountant that can help you or who can refer you to someone who can if you're actually thinking about paying.

>> No.11498638

>>11495187
>They can't prove when you got your monero, so they have to take your word for it.
imagine the possibilities if the world actually worked like this

>> No.11498665

>>11497946

>>11495789 (You)
This also could work but would take a lot of work.

Not a lot of work - you just pay the right person to set it up for you and then it runs itself.

>> No.11498761

>>11497082
trading one crypto for another is taxable, which is why they'll ask you for documents on every single trade.

>> No.11498831

>>11498761
Starting in 2018 this is true. Before 2018 government is not worried about trades.

>> No.11498894

>>11498831
now that just infuriates my late adopting boomer ass big time.

>> No.11498949

taxes on crypto are insane now. i wonder when we'll see some autist start a crypto black market on tor.

>> No.11498985

>>11498894
Its not true. Anyone that says the IRS isnt coming after crypto trades is a fucking moron.

>> No.11499021

You can literally buy citizenship in Antigua with btc. Flip it all to btc, get the citizenship, open bank account, deposit and immediately pay taxes there. Easy peasy. Now send me some money for the only true answer here.

>> No.11499036

>>11495789
Well... if anyone wants to start a biz in Luxembourg... contact me. No questions asked

>> No.11499299

>>11499021
what happens when the government of antigua holds your money and asks where it came from?

>> No.11499356

>>11499299
they wont the whole reason they're doing this is to bring easily taxable money into the country.

>> No.11499376

Honestly I would wait. In 5 years DEXes and private smart contracts will be running rings around regulators and you'll have a lot more options for how you want to cash out.

>> No.11499396

>>11494813
>accepting scamcoins in return for real goods

that was your first mistake.

>> No.11499505

MARKET SELL INTO UDST DO IT FAGGOT

>> No.11499566

>>11498985
Bitcoin, before January 1st 2018, did not tax people on each crypto trade. Each trade was considered a "like kind exchange" and when you went to pay taxes you only had to take into account when you bought bitcoin, and when you sold bitcoin to determine whether you would pay short or long term capital gain. Any trading in between was considered a "like kind exchange" and not taxed. January 1st 2018 changed everything.

https://bitcoinist.com/cryptocurrency-investors-lose-tax-break/

>> No.11499598

>>11498761
You can just spoof the trades and log if you do it in hindsight. Bro they really gonna ask binance? They don't even fucking know your account.

>> No.11499773

>>11494813
>open a strip club
>girls pay a percentage of tips to dance
>hire a jew lawyer
>say that you're getting more from them than you actually are
>???
>profit

>> No.11499874

pay a cut to a dice site to clean it
you simply send xmr there and withdraw in btc, they falsify records, ez pz
or say you bought them back in 2015 or something

>> No.11500072

>>11499773
nice and simple

>> No.11500141

>>11500072
If they ever suspect someone is lying there's a good chance imo that they'll go after the strippers first for under reporting, and since they almost certainly are, they'll get fucked by the tax man instead of you

>> No.11500285

>>11498612
What accountant knows crypto tax laws? You have to find special accountants for this stuff.

>> No.11500511

>become a painter
>create a convincing site to sell your paintings
>payments only in monero
>archive every fake sale
>use coinbase to get it to your bank
>pay taxes
believable?

>> No.11500730

>>11494813
take out a massive loan at the bank...figure out the rest//

>> No.11500907

>>11500511
alright faggot KYC laws stop you right there.

Claiming that you have made xexfx...i.ci.xaxxxxxxe...n..t miners is the only true way. No way to proof you havent if you set it up through a way like >>11495650
describes. Dont even need him, just buy some fucked up gpus which have spinning fans and claim you have wired them up to make an asic so good that you have the hashpower. ez pz.

>> No.11501008

Does anyone know if Bitcoin gains (capital gains) are taxed as additional income to your regular income from your job? So when I am looking at my tax bracket, I add my regular income plus my bitcoin gains together to find out my bracket?

>> No.11501196

>>11501008
Look up capital gains tax.

>> No.11501289

>>11497946
well its more suspicious if you do it with someone you know.

>> No.11501335,1 [INTERNAL] 

ive used localmonero a lot, so far it hasnt let me down, did cash by mail trades, over 10k easily, just get a reputable seller

>> No.11501335

>>11497946
and no, once the company is set up its almost zero work, just have to wait 550 days. its about 20 mouse clicks per day.

>> No.11501360

i've used localmonero a bunch of times, cash by mail trades, over 10k easy

>> No.11501571

>>11494813
What country are you in anon? Are you willing to travel to another country to make the deal?

Cashing out was easy as fuck for me and you guys are horrible at being resourceful.

There are these companies that mine crypto, you know.. ones you've probably heard of
Well, most of them are indeed interested in purchasing crypto and in large quantities.

In a few short words, you sell to them directly , they pay you buy cheque for consulting.
You pay income tax as a indipendant contractor.

What's so difficult? What's taking you so long to figure this out.
There are people with money that want it. So think outside of the box.

>> No.11501635

>>11494813
Look up moving to Puerto Rico for the tax gains
2. Sell Xmr on binance
3. I swear taxman I bought xmr back when it was a dollar with BTC I bought at 30 bucks a pop cause "Im in it for the technology"
4. P.R. doesnt care cause you paid your taxes and juiced their economy
5. Hot P.r. Girlfriend
6. grats anon I hope you die

>> No.11501689

crypto gains are not taxable.

www.aceofcoins.com

will show you how to set up a tax deferred structure inside of an llc

this guy specializes in windfall profits, and how to LEGALLY not pay tax on the original windfall

if you reinvest your profits, then that becomes taxable

you're welcome anons

>> No.11501691

>>11494813
hello sir i have a small business in india and i can help you with your concern.

please send all your monero to me i will later send you your dollars

looking forward to make business with you sir

>> No.11502413

>>11501691
kek

>> No.11502424

>>11501689
>www.aceofcoins.com
Looks pretty shady

>> No.11502548
File: 615 KB, 600x600, 002.png [View same] [iqdb] [saucenao] [google]
11502548

>>11496808
Legit Monero actually has a guy who single handedly came up with a new networking system for the space shuttle mid-mission since the one it launched with was written by a bunch of brainlets and shat itself. They then used his system for subsequent missions since it was so good.

He also wrote the fastest database in the world, that's used by telecoms and now Monero. He's now working on a new mining algorithm for Monero to kill asics once and for all.

I've heard him when he gives talks to fellow boomers that he's already thinking about how Monero will work across multiple planets. Can't even imagine what xmr is going to be worth in 20 years.

I reckon, just get some cash from localmonero and live a cashed up life until you can escape this planet. I've just been in Thailand and they use cash for everything. They even have a site coins.co.th that you can cash out with. Just pay a local citizen to get it for you since they get higher limits and it keeps your id out of the system.

>> No.11502558

>>11495471
As a US citizen you either renounce citizenship or accept being tax cattle until you die, there's no way around you if you plan on cashing out any substantial amount of money

>> No.11502567

>>11502548
Had never heard of this guy, peaked my interest

>> No.11502625

>>11502567
His list of achievements reads like a scammers self introduction but it's all real, the guy is a fucking genius. Says a lot that he decided to work on Monero.

>> No.11502857

>>11502567
Piqued

>> No.11502902
File: 1.23 MB, 500x281, 1536165158915.gif [View same] [iqdb] [saucenao] [google]
11502902

>>11494839
It's fucked.
Many people have been popped for 'money laundering'
I miss the old days of BTC meetups and just buying with cash via phone.
(Hypothetically)

>> No.11502931

>>11502548
https://www.youtube.com/watch?v=RD-hprUK9Gg

>> No.11502969

Set up a foundation and "donate" the XMR to yourself. Isn't that what the elites do?

>> No.11502982

>>11494860
I wish it had volume for the coins it already has

>> No.11502989

>>11494860
>when they do you can cash out without KYC
How is this even possible?

>> No.11503057
File: 380 KB, 2082x1226, 1537775969650.jpg [View same] [iqdb] [saucenao] [google]
11503057

>>11494839
Use localmonero over tor, they have an onion address.

>>11502931
>multi talented
>confidence in front if an audience
>doesn't pay for dates
>kept his four and nine
Absolute Chad. On the level of this unit.

>> No.11503070

the thing is that xmr is never dirty so you'll just need to exchange it for eth/btc on various exchanges (new account and address each time)

the problem is that this will take while exchanging 3m worth with no kyc and honestly its your only option... it'll only take around 100 days if you max your your maximum daily withdrawals without raising redflags

now you have multiple "clean" btc/eth addresses and you simply split it among family/friends and pay your taxes (stay below 500k per)

>> No.11503091

>>11503057
In awe of the size of this lad.

>> No.11503122

>>11503070
>xmr is never dirty
the problem is monero is always dirty

>> No.11503145

Get someone to build you some shit-tier private VPN tool or something gay like that, just any kind of digital product that's privacy-centered

Set up a website that only accepts orders through Monero, your excuse is that Monero is private and your website/software is all about privacy blah blah etc.

Go through the painstaking process of (via tor) buying your own product using Monero over and over and over again, rerouting your onion circuits every time

There, now you have a legitimate business and you can claim that the monero was obtained through that, with no way of the feds ever being able to determine otherwise unless you fucked up somewhere

Donation address: 89KwvpGGUZbfFeiFWMLXBfJMHsa5w8xE3i1jfuXDSRHzhAMWmq43GXrhb2MG7NPc3ij4HAYHu82gfSNu5eazx8g1S11ry3t

>> No.11503323

>>11503145
interesting idea

>> No.11503351

>>11503122
Owner of xmr.to, the 'exchange' I would recommended everyone going xmr-btc to use.
>Note that all these considerations of good vs. suspect vs. tainted coins do not apply to Monero, and this is why we only accept Monero and do not offer the other direction BTC -> XMR.

Unless it's outright banned it is never dirty. It won't be banned if the regulators know what's good for them either.

>> No.11503375

>>11494813
I slowly sell it for BTC.

Also go to
https://www.bitdials.eu/
and buy some luxury watches with Monero. You don't have to cash out everything immediately, right?

>> No.11503376

>>11498665
Lets say i own a bussines in spain i could be doing from lux but dont want to move there, i could hire myself from there so i dont have to pay vat, big if true.

>> No.11503473

hypothetical situation:

I work for the IRS
What are some methods criminals would use to wash dirty money

Lets hear your suggestions

>> No.11503482

just buy things with monero

>> No.11503559

>>11503473
>actually thinking anyone of importance lurks this mongolian corn farming forum

>> No.11503635

Op never returned, he was just trolling for addresses probably.

>> No.11503645

What if you argue that you mined it? Monero is untraceable and fungible so no way they can disprove it. If they ask for electricity bills just say you used an old oil-generator to save money.

>> No.11503660

Go to XMR.to and exchange XMR for bitcoin use bitcoin to buy gold.

>> No.11503700

>>11503645
And if they ask for oil bills? Face it, you literally can't cash out.

>> No.11503721

>>11503700
There is no way someone conserve oil bills from years ago. It wouldn't be realistic to ask for something like that and easily taken down by a judge.

>> No.11503731

>>11494813
dump the XMR on binance for ETH, send ETH to coinbase, sell ETH, send directly to bank account. remember to pay your fucking taxes. freedom is a priceless thing dude, dont gamble with it.

/thread

>> No.11503753

>>11494813
Good afternoon Anon.

Do the right thing and come clean. You can do this at your local police station.

Do not think for a second we wont find out because we will.

The truth will set you free.

>> No.11503769

>>11503731
>cashing out 4 million USD from Coinbase
You need to have your story straight for the feds because they won't be happy with you just paying capital gains on this much money. There will be questions.

>> No.11503789

>>11503721
If you were going to deduct the cost of oil from your taxable income as any rational person would then you should have kept the receipts or have CC transactions logged in a bank account.

>>11503731
Just terrible advice repeated throughout this thread. Inefficient ways to cash out that don't address the actual challenge.

>> No.11503820

>>11494813
YOUGOT BTC DONATIONS OR SOMETHING WTF ARE THEY GONNA SAY JUST PAY UNCLESAM MAN

>> No.11504689
File: 572 KB, 700x636, 4Dl21b8.png [View same] [iqdb] [saucenao] [google]
11504689

>>11503660
yes, on point.

There are some funds based out of cayman islands, backed by swiss gold funds that do the exact same thing.

They are funds not for the creation of wealth, but for the 'retention' of wealth.

for example, lets say you have 4 bars of gold in this fund, whenever shit hits the fan in your country, or you wanna cash out, u fly to Panama or a country with softer extradition laws, and you ask for your bars to be delivered to that city's airport.

You pick up the bars and go to the local gold dealer (preferably a long nosed JEW), and he buys the gold from you at 85 - 90% face value.

He then proceeds to melt the gold, and remake his own bars with different serial numbers.

UN-TRACE-ABLE.

However, we still need the jews.

We can never get away.