Post
Topic
Board Bitcoin Discussion
Re: If you had suddenly 500 BTC
by
vdotcash
on 21/07/2016, 06:17:47 UTC
How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?
Trade the BTC for gold and/or silver. Currently there are no laws in place that I am aware of that make this transaction taxable. Trading the metals for fiat when need be is also tax free and anonymous at any local coin shop. Wink