At the end of the day, the govs want taxes from the taxable events.
Consider that scenario:
You purchased your BTC for X and then withdrew it to your another address when the BTC price was Y.
If you withdraw to YOUR address, then this event is not taxable. But you will need to PROVE to the taxman that this is YOUR address you withdrew to. If you can’t prove it, then it will be viewed as a taxable event and you need to pay.
So, most probably the govs will just prohibit the withdrawals to the non KYC address and we will have two types of addresses - KYC and non KYC.
keel / Keel
npub1l7…5jzaa
2023-09-12 21:37:28
in reply to nevent1q…fe7m
Author Public Key
npub1l7x3yvns649kwey8e3kkpc6a20eamf37f7yqkgt8r8x0eq8mql7qp5jzaaPublished at
2023-09-12 21:37:28Event JSON
{
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"pubkey": "ff8d123270d54b676487cc6d60e35d53f3dda63e4f880b216719ccfc80fb07fc",
"created_at": 1694554648,
"kind": 1,
"tags": [
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"content": "At the end of the day, the govs want taxes from the taxable events.\n\nConsider that scenario:\n\nYou purchased your BTC for X and then withdrew it to your another address when the BTC price was Y.\n\nIf you withdraw to YOUR address, then this event is not taxable. But you will need to PROVE to the taxman that this is YOUR address you withdrew to. If you can’t prove it, then it will be viewed as a taxable event and you need to pay.\n\nSo, most probably the govs will just prohibit the withdrawals to the non KYC address and we will have two types of addresses - KYC and non KYC.",
"sig": "502a358eaa68a048f111d143379e827d007d88ea9777acfcce3d5da5cce02ac3c23c345c7512964fe32ed17c6174f3ccfbebd64043a8c9e3c060fd56be3077b2"
}