So Frank travels around the world and is now dating Sonya from the Philippines.
Frank donates his bitcoin to Sonya by sending it to her BTC address.
What if Frank gets swindled by Sonya who then refuses to help him out in getting the supposedly donated Bitcoin to fiat? What would be the fate of Frank? Wouldn't that be a penny wise and pounds foolish situation?
However the thing is most people don't bother to read through the rules and regulations during sign up so they may not be aware those fees collected by the exchange does have your tax in it.
That was the comment I needed to see in those that posted before you but it wasn't there. Also, even banks collect all manners of charges and taxes from their customers too.