Post
Topic
Board Beginners & Help
Re: Paranoid about anonymity
by
ololajulo
on 18/04/2020, 18:43:45 UTC
I've been finding ways to reduced identifiable or traceable data back to my identity. My question is: Is it worth taking care of anonymity too much, even if I won't be using cryptos for any illegal matters?

It depends if you are ready to pay tax in the future or not...
In some countries it is dangerous to try keep your income from the government because of Tax, lately the USA government plan to send some country men out of the country if they dont pay tax, you will lose a lot if detected. I dont think the anonymity in cryptocurrency is to prevent tax payment. Is better to get informed early and prepare the tax payment process before spending, or rather till after bullrun if you are a longtime investor, to take profit in fiat and do other things with the rest.