Why Nostr? What is Njump?
2024-10-07 05:59:11
in reply to

miron on Nostr: I have not yet researched tax jurisdictions. It would be quite a hassle to do it in ...

I have not yet researched tax jurisdictions. It would be quite a hassle to do it in practice that is for sure.

What is always a question in the back of my mind is that we do KYC for the exchanges, so there is data on BTC transactions and where these have been moved into self custody. Governments would track you to impose a tax like death itself. Is it likely that a government will call your exchange and demand all transactions unde KYC and then send you a letter? I think it is possible. Anonymity seems then to be the only solution really.

What are your thoughts on that? Or do you know a system to use something like Monero and then again transfer to BTC. I really have no clue.
Author Public Key
npub12ttulypfzxr0usjzcg848l43apqc0m06hyju9ccwsqktqjsszj0s3tlk24