Quote from: BlackHatCoiner on Today at 10:05:52 PM

Quote from: philipma1957 on Today at 09:34:09 PM

If I mine monero at a daily profit I am not money laundering.

Nor do I when using mixers.

Quote from: philipma1957 on Today at 09:34:09 PM

If I mine monero at a loss and hodl it speculatively I could likely do it for 3 years before I have a tax issue and not money laundering but I would be forced to say it is a hobby.

I'm not in the USA, and I don't know how taxation works there. I suppose you report profit when selling coins? You make it sound as if the taxman will do blockchain analysis to tell whether your coins originate from illegal activity.

Quote from: philipma1957 on Today at 09:34:09 PM

If I put coins in to a mixer in order to not be money laundering I need proof of full kyc

Unless you are not registered to a centralized exchange which imposes this policy. In my place, I use decentralized exchange when buying and selling. Again, I don't know how things work in the USA. Judging by the numerous malicious legislation presented by the FinCEN like this one, it wouldn't surprise me if exchanging decentrally can be considered money laundering.

Oh USA law is so fucked up complex , layered and contradictory it is amazing.

And theymos lives in USA (maybe) the forum is USA based (true) and like it or not he simply does not want the hassle for the forum from the Gov.

So asking theymos to do mixers would likely mean asking him to relocate to a far more liberal tax country. Just to run the forum. That may not be realistic at all for him.