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/biz/ - Business & Finance

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11875047 No.11875047 [Reply] [Original]

Do you think any tax agency will ask IDEX to gibs trade logs?

>> No.11875057

>>11875047
except that they're already public

>> No.11875902

>>11875057

really?

>> No.11875906

>>11875047
Yes I work for the irs and we already have them along with binance and bitfinex

>> No.11875920

>>11875902
>the absolute state of 'crypto' investors.
Go read something about how Ethereum works, as you know nothing.

>> No.11875936

>>11875902
Of course. It's a decentralized exchange, it has a public log of every transaction with the buyer and seller addresses, and you can actually look up earlier records. It looks like this:

{"date":"2018-11-24 12:32:06","amount":"4053.60780932020280008","type":"sell","total":"0.710671353199094214","price":"0.000175318231715731","orderHash":"0x2a110577255b2db11f53760f27fff5094ce1b80f30a40788acf3b25ded9e336d","uuid":"f4859fe0-efe4-11e8-bf5b-b7291a038ba8","tid":2881802,"buyerFee":"4.0536078093202028","sellerFee":"0.001421342706398188","gasFee":"0.00204","timestamp":1543062726,"maker":"0xc91674d315cc89ba9d6ab194bd0b812bf750cae5","taker":"0xdb97c19274a56c53ec5b02dcfc1af3e56d15cdd7","transactionHash":"0x4d6cf274f6bb6808019659371f8c1a074a3a12aff20bf99c3bb2b56e07817ff9","usdValue":"85.387578149622676771"},{"date":"2018-11-24 12:32:06","amount":"1426.7778","type":"sell","total":"0.250140303625040902","price":"0.000175318331715731","orderHash":"0xaca0cf173e7908fc0777bdd10815d6e7b7b08a11878ddf8ddd453ca715a23e33","uuid":"f484dc90-efe4-11e8-bf5b-b7291a038ba8","tid":2881801,"buyerFee":"1.4267778","sellerFee":"0.000500280607250082","gasFee":"0.00204","timestamp":1543062726,"maker":"0xb8381b0019b4e5d3b6bd655c9693ea6479e68b1a","taker":"0xdb97c19274a56c53ec5b02dcfc1af3e56d15cdd7","transactionHash":"0x30da6a45a389daa92306fe9d7561a183298369c20dbb0234218018600aadd13b","usdValue":"30.054503573285086114"}

>> No.11876001
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11876001

>>11875902
>Blockchain tech/crypto literally operate on the principle of open, publicly viewable ledgers
>durrr how they have my ERC 20 trade logs that i bought on decentralized exchange based on that ledger
There's technology built already that's used to extensively track transaction chain history and possibly even taint analysis on Bitcoin and Ethereum (see https://www.chainalysis.com)

If you don't think tax agencies are interested in that software, you're in for a BIG surprise.

>> No.11876047
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11876047

>>11875936
this is a troll right?

>> No.11876058
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11876058

Because of the stupidity of prior posters, this thread is now a Hermione thread.

>> No.11876062

>>11876047
You ignorance must be a troll
>managed to trade on IDEX
>has no idea about the platform he's operating upon

>> No.11876066

>>11875906
my dad works at nintendo, and he said Metroid Prime 4 is gonna be delayed till 2020 now.

>> No.11876069

>>11876047
Nah, that's how every decentralized exchange operates. All's public, fucking everything.