/biz/ - Business & Finance

>>29163187
>you only have to pay taxes when you withdraw as cash

False. Say hello to the IRS. cap. gains must be reported every year.

If you were BigBrains material you'd also notice that, starting with $50, there isn't much point, other than simply starting with a cost basis of $0.

If you get audited you'll have to prove it... so sleep well, Mr. "I checked the box that swore I used cryptocurrencies"