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/biz/ - Business & Finance

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13483320 No.13483320 [Reply] [Original]

If i convert a bunch of Btc into XMR and then convert them XMR into btc couldnt i cash out the btc without paying tax if i claim it as long term capital gain since i am a NEET?

>> No.13483333

>>13483320
how do you cash out son?

>> No.13483349

>>13483333
coinbase

>> No.13483352

>>13483320
you know that the bitcoin blockchain is public and you can see the transactions?

>> No.13483369

>>13483352
being this retarded

>> No.13483383

>>13483349
yes but how do you proof it to the bank before they freeze your ass?

>> No.13483486

>>13483383
HMMMMM...

>> No.13483616
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13483616

>>13483349
if you are gonna cash out fiat from coinbase then what's the point of converting them in xmr before dumbass? you are still going to have to pay tax on the money you cash out