Imagine you came across $100k in crypto but didnt want to pay burger tax. What do? Trade for monero? But then what? Can you buy a car with crypto without worrying about taxes? How to use it in stores? Like a "crypto debit card" reports you with tax forms right?
I'm not greedy, for me it's bitrefill.
>>62781849If you want to buy a car then you should just pay the taxes. Basically if you were going to do that you would get caught when the IRS comes asking about what money you used to purchase that car.
>>62781859>>62782011There needs to be SOMETHING a little fry like me could do to get away from just this much? Like what crypto to x to straight cash fiat offramp is plausible and wont raise eyebrows or get me with tax forms?
>>62782034There might be, but that requires you to already know the methods. I don't know how so don't ask me. I would say, in theory, that if you kept to p2p gift card exchanges and used those gift cards to purchase items locally without your name being involved in the transaction you might be able to do something like that. The problem is that it severely limits what you can do with that money so it's just better (and not illegal) to just pay the taxes. Asking on here of all places also tells me that you should just pay your taxes.
>>62781849Use your brain and forget the notion that the government is somehow omniscient
>>62782034p2p
>>62782106>>62782254What is p2p??
>>62781849Use the crypto to back a loan.
>>62782448Like with DEFI? How would that help with not having to pay taxes
>>62782460The principle on a loan is not taxable income.
>>62782445peer to peer
>>62782448Like a loan on AAVE for USDC, then cash it out from USDC to ... coinbase?? And then with that cash I can buy a car. And then payng off the loan balance no tax involved?
>>62782497it sounds like you have this money anon
>>62782497>And then payng off the loan balance no tax involved?Yep. Unless you default on the loan and have to write the loss off on your taxes.
>>62781849>move BTC into strike account>Strike gives poopoo fiat loan against your BTC to buy goyslop with>no capital gains on your actual money (Bitcoin)>continue to build your BTC stack while shorting fiat
