A procedural matter is not going to save you on taxes. If you buy bitcoin at x$, transfer it and exchange for y$ or pounds, then you need to pay account for capital gains/losses.
You can dance around all you want but this is the law.
BitcoinLuffy / Bitcoin Luffy
npub1eq…033gt
2023-04-12 03:10:52
in reply to nevent1q…vzp5
Author Public Key
npub1eq063z9pcyh6xa22ukh9rwqf95shaje64zszvglhavdflp7q7wysl033gtPublished at
2023-04-12 03:10:52Event JSON
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"pubkey": "c81fa888a1c12fa3754ae5ae51b8092d217ecb3aa8a02623f7eb1a9f87c0f389",
"created_at": 1681269052,
"kind": 1,
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"content": "A procedural matter is not going to save you on taxes. If you buy bitcoin at x$, transfer it and exchange for y$ or pounds, then you need to pay account for capital gains/losses. \n\nYou can dance around all you want but this is the law.",
"sig": "a16feb73350f0cc6c63c0bd382f5fc6a99b9c3992d5b78bc33a3283af31bc6ff945f5ecb332e0e2cf969e1bd851b2118aa15dca6fa14fd13f7b52d3e9d6b0361"
}