Somebody who makes say $50K a year end up with $2M in bitcoin money. Go buy anything pricey with cash or put that money in any of your bank accounts and the IRS will be visiting you shortly. Might as well be drug money if you don't pay taxes on it.
Metal Recycling Entrepreneur
Somebody who makes say $50K a year end up with $2M in bitcoin money. Go buy anything pricey with cash or put that money in any of your bank accounts and the IRS will be visiting you shortly. Might as well be drug money if you don't pay taxes on it.
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.... or, fly down to Costa Rico on vacation. Cash in some Bitcoin and purchase a nice little chateau, apply for citizenship, and spend your BTC there.Originally Posted by unknownk
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