Post
Topic
Board Bitcoin Discussion
Re: Bitcoin on a company balance sheet. Bad idea?
by
Findingnemo
on 17/07/2025, 21:37:06 UTC
I won't suggest all your crypto holdings at this point when you got plans to move out of your country, you just need to try cash out as soon as possible whether it's tax free or the necessary tax paid then buy bitcoin where KYC isn't mandatory then move to cold storage.

A next phase of my plan is to file a police report before 2026, in which I declare that one of my coldstorage devices is either lost or stolen, including the balance on it. The keys are reported as gone with it. This is in order to prevent future tax on assets. For them to be able to tax me, they first have to know what exactly I own.

Also at this point buying a real privacy coin like Monero is not illegal.
Doing that would probably close the door back to CeFi forever, but that is a choice I am willing to make.
Is it ethical to file a false complaint? That is up to you. Smiley