/biz/ - Business & Finance

You have 1000 ETH. The tax agency wants to know how you acquired those. You cannot provide a buy transaction because you didn't buy those with fiat and ideally want to cash those coins out after 1 year to pay no taxes. Even if you do want to pay taxes, it's way easier to just have 1 single buy and 1 single sell transaction - way easier to report.

How do you do it?
An idea I had:

>Buy 5 ETH with fiat
>Put absurd buy order on forkdelta, (Buy 100.000 Gnosis for 5 ETH)
>Someone fills that buy order (This "someone" might be yourself with another - anonymous - account)
>You now have a shitton of coins and an explanation where you got them from

Is this realistic? Why doesn't this work?

Why doesn't this work?

What will you spend your money on when LlNK makes us rich?
Pic related for me