(
I am against such financial schemes. Maybe 1-2 times it can be done, it all depends on your country and tax, but it is better to leave as few digital traces as possible and exchange cryptocurrency for cash.
It's better to consult with more knowledgeable crypto users, rather than reinvent the wheel.
I write a lot about European and American legislation, but I also chat with people from these countries, and they have no problem exchanging cryptocurrencies for cash, despite all the bans and restrictions.
Yep. I'm in the US and am perfectly fine with reporting my crypto and the KYC involved. I have zero issues buying & selling it.=
Sure taxes are a bitch but - do remember that if you buy jewelry, gold, etc you are NOT going to be able to (immediately) sell it for anything near what you paid for it so it's better to 'spend' the difference as taxes. I just do not get how some folks have such an overwhelming urge to sit on a hoard of cash - not only is a huge security risk (easy to steal) but is also a pain to spend on large purchases eg buying a car because most companies just are not setup to handle large cash transactions.