Post
Topic
Board Legal
Merits 2 from 1 user
Re: Non-KYC BTC to fiat process
by
ancientfinance
on 18/12/2022, 19:44:27 UTC
⭐ Merited by LoyceV (2)
Looking to cash as little as possible but that would be anywhere up to 30 or 40 within the next year.
I reside in a country where there is a high chance that no capital gains taxes are charged, however I'm not trying to evade taxes or anything of the sort.
I don't even mind paying the taxes if need be, but of course will fight like a honeybadger to not be treated unfairly and I'm very interested in optimization strategies, so will dig in.

I think most useful information for me at this point would be to know how people,
let's say libertarian-minded folk have dealt with this issue in different jurisdictions.

P2P options are always there I understand, but in my case I really need to figure out an on-ramp to get the funds 'online'.
Optimization options are interesting so far as they are legal, but I don't want to even be seen to try to set up elaborate structures just to cash in
something that I legally own. But a company set-up strategy that benefits the actual company in some significant way is an interesting thought,
so thanks for the hint, I'll look into it and will read through your thread.

At the same time I don't want to step into some legal anti-personnel mine just for being ignorant, so I gotta study about the risk-profile in the legal sense,
because the systems that govern are very unforgiving as I'm sure many of us have experienced first hand. There's very little sympathy out there.
So it's all about making a well-reasoned calculated move.

Thanks for quick replies and wishes, I'll dig around more and check out the ideas mentioned,
I'll follow up when I know better to spread the word.
I'm sure everyone in the same situation understands the spirit.

We are in the early stages, keep up the spirit!
Anybody reading this with ideas, come forth and show us the way, stir the pot!