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Well, nikkas voted for these c*nts so be mad at the voters.
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
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Welp so much for BTC hitting 100k this may spark a bear season of...
https://www.irs.gov/pub/irs-pdf/f8300.pdf
I think when there's more institutions that are offering crypto payment services/cards etc there may be a way to get around this
If your exchange has a card that is backed by a stablecoin, technically you could take your gains, put it into a stablecoin on your exchange that has a debit or credit carded backed by it and never have to cash out FIAT
Just a thought
BTC is global, this is just some fukk shyt that Americans will have to deal with eventually
let’s wait and see…if it doesn’t go thru then that could be the green light needed for BTC to run
Amerikkka provides a s a large part of the volume in the market though.
Let's see.
Brolic
High Value Poster
Hopefully that old politicians die off or retire and we get some younger and more modern thinking ones. They likely gonna keep seeing us back as the rest of the world catches up and passes us. 
That's called structuring. The feds on that tooJust break up the payments into $9,999 or less
That thread is bs by some random person on the internet.
"Taproot mixing? You're hosed, you become a felon for using Wasabi. Mining pools that aren't doxxed? Felony. NFTs >10k, you go to jail. Programming payments in installments to keep sums <10k, also a felony. *Writing software* even some .js app logic in a wallet to assist, jail."
Where?:
26 U.S. Code § 6050I - Returns relating to cash received in trade or business, etc.
If you're making any type of money in this, simply get an accountant, they're not that much. I've had one since 2002, for my affiliate marketing/domaining business. Now my accountant will handle some Crypto stuff. I know sites like Coinbase have it where you can just do a download, give that to your accountant.
Basically, pay your taxes, be truthful about what you earn etc. Again, getting an accountant helps.
Some may not want to do that and if that's the game you play, things can go bad.
Is there a specific timeframe for that? Not saying I'm encouraging or involved in any criminal activity of any of y'all are spies for the government. But if you take out 9500 every week or two weeks or month, is that still structuring? How much would one have to wait before the feds start asking questions? Even tho I'm sure they'll trip about any time these days.
Take out 10k in crypto, feds on your ass.
Donate 10k to a politicians campaign, they prolly welcome you with open arms.
Donate 10k to a politicians campaign, they prolly welcome you with open arms.