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RE: My First Cryptocurrency Purchase?
@lordtricky sure for many of the users do not want to be public for many reasons. More about cutting out US and outside borders and the counter action of all the .. Whales, Guppy's and Mystery Investors seek to avoid the new tax laws.
Miner - tax
Send to your wallet - tax
Wallet to the exchange - tax
Exchange to coin - tax
Coin to whatever - tax
Buy a cold beer - tax
That's the #1 reason I can think of.. also, the scammers.. oh those little bad people taking money and running. Do they not understand.. a fool and it's gold soon departed.
Karma is a bitch.. she's mean depending on the level dished out.. lol
Yes i agree its all about that unlawful taxation, but I'm in England, where they made a massive song and dance about gambling becoming tax free... And due to the swings in bitcoin price it is nothing more than gambling that i am doing, therefore no records need keeping, and no tax will ever be paid by me, or anybody else with a functioning brain :)