Re: Martin Armstrong Discussion

The key problem seems to be to be how you quietly convert the crypto to real-world goods.

I thought about this question awhile ago... critiques welcome

1. Create a business for say, home/auto rentals
2. Crowdfund to raise money for this business to start purchasing assets
3. Accept anonymous money from "donors"
4. Purchase assets

Are you 12? Or just never had more money then needed to be taxed?

What about anonymous loans? Would that be taxable income?

Edit: if no rewards are offered, donations can be considered nontaxed income http://www.journalofaccountancy.com/issues/2015/oct/crowdfunding-and-income-taxes.html