Bitcoin / Bitcoins / Crypto Currency

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greentricky

Turns out Americans really hate the prospect of paying CGT

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Stonehedge in reply to @greentricky

Why do you say that?

My anecdata confirms what you said...seems to be the cultural norm to avoid paying tax on crypto profits. I think I read that less than ten Americans declared bitcoin profits over $1m in 2018.

Seems crazy really, it's quite an easy way to go to prison in the US

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