Some serious tax payments to be made
40% tax, on amount in USD at settlement.
By the time you sell the BTC, and pay the taxes .... then?! How much will be left ?!!??!
Just ask for 1 year notice to pay the tax, you will have to sell less BTC ;-)
The problem is rather, once the tax bill is calculated, it does not account for the market price any more - I'd not buy such a risk, and not for Long term at all
Or he just needs to go somewhere where there is no extradition bill and give them all the finger...
