Quote from: sheenshane on May 12, 2018, 04:05:24 PM

Quote from: cryptoishot on May 11, 2018, 10:29:45 PM

Is it better to borrow cash using BTC as collateral, or just to sell BTC?

Don't tell me everytime you have an income of bitcoin you always say that is borrowed from others.
I did not come from the USA but in my perception, it's better to pay than to punish if you are caught by the government in the USA.

Quote from: cryptoishot on May 11, 2018, 10:29:45 PM

Borrowing means no income = no taxes.
Is it right?

Your right, you can do this just once or maybe twice but careful by next time that's a part of illegal activities. Is it better to obey the law than if you caught and put in a jail for punishment right?

Why people do always love to evade tax? Or do things which would able to minimize or cant able to pay up tax.
Even I, would just pay up and obeying governments laws rather than on minding on how not to pay or evade. Anytime soon you will really able to feel the metal barriers of jail. Cheesy