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RE: Bitcoin Strategies : Paying TAX and interacting with Police Officers

in #bitcoin7 years ago

I agree that paying taxes and remaining legal is the best option at this time. There is a mental health cost associated with the continual worry that deception requires. However, intelligently minimizing your tax impact, legally, is wise - for example, holding assets longer than one year to avoid paying a higher US tax rate.

Traders have a saying for "to fight the system is harder than to just be the system and go with the flow" - the trend is your friend. Contrarians don't often do well, as they end up ostracized, on the outside looking in.

I found this gentleman on YouTube had a compelling presentation regarding how to speak with the police, which seemed tangentially relevant to the first 2 minutes of your video:

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