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Showing 20 of 64 results by Anonohmon
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Board Politics & Society
Re: If Putin leaves power is that the end for our friend Edward Snowden?
by
Anonohmon
on 05/10/2022, 23:57:38 UTC
snowden might be deported if putin steps down and russian legislation changes the rules regarding migration.. it's possible that the countries you mentioned above are snowden's destinations.. but i think as long as russia is still having problems with america it's unlikely that snowden will be deported
Edward Snowden's alleged crime could attract life imprisonment or a death sentence. His fate if Putin leaves power would be determined by the government or person that took over power from Putin. If the new government becomes friendly with the US then there is every possibility that he might be extradited to the US where he would face the charges levied against him.

The only countries that Edward Snowden would move to are those that are too friendly with the United States. It was alleged that he applied for political asylum in twenty-one different countries, hence he is well grounded in seeking refuge. Prime Minister Viktor Orbán might give him the opportunity to stay in Hungary or he might even consider going to North Korea if he has limited or no other options.   

Hopefully the Russians are never friendly with the USA. I dont suspect they ever will be with the US probably forever having a very hostile and aggressive foreign policy. So long as the CIA is not able to somehow do a coupe and not only overthrow Putin, but every other anti US/NATO member of the Russian government. If anything, there are more hardliners even more aggressive than Putin who probably wouldn't mind taking his place.

I wonder what Snowden will do now that he is a Russian citizen and can be called to join the military? Having him work in Russian cyber security might help Russia combat some of the issues they've been facing.
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Topic
Board Politics & Society
Topic OP
If Putin leaves power is that the end for our friend Edward Snowden?
by
Anonohmon
on 14/09/2022, 23:32:50 UTC
If the US and Russia get on better relations, will the new Russian government hand over people activists like Edward Snowden?
He chose Russia because Russia and the US are not friendly now, so, he knew the treacherous US government would not be able to get him to give him a kangaroo court. 


2nd question. Where do you think Snowden might try to go if the Russians ever change their mind about keeping him there but don't actively hand him over?

What other countries might not hand him over? China? Iran? maybe Serbia?
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Topic
Board Politics & Society
Re: Is Corruption ok
by
Anonohmon
on 14/09/2022, 23:28:43 UTC
Depends if its top down or bottom up. Top down means high up gov officials being corrupt. That is not okay because they are supposed to serve the people.

Bottom up is okay because its the people just trying to get by. Like for example, if you can, dont ever pay crypto capital gain taxes on trades. because its unfair that other countries dont tax trades but just when you cash out but in the USA they tax every little gain but you get nothing if you lose everything on a trade.
If you can be currupt and not pay taxes as an individual then you are doing good. you just have to anonymize yourself first. dont be dumb and do it when they can see you. it's harder for us the people to do it because we have consequences. but officials dont worry about much. they only get in trouble when there is too much light on them and the people rise up in anger and the government has to do something about it.


basically tldr it is only okay when honest people do it to get by or make it un an unfair world. people say its bad but why? why should the people sit and do nothing while they watch these psychopaths get rich and richer?


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Board Legal
Re: You moved to another nation/give up your citizenship, can the IRS still get you?
by
Anonohmon
on 16/08/2022, 18:47:32 UTC
To give more info.

My friends situation is that they have no idea how much money they owe, the IRS does not know about this money because it's simply potential taxes owed during anonymous crypto trades, maybe. As far as the gov is concerned, they owe nothing because they aren't aware that anything even exists.

However, if in the future, crypto makes lots of holders now millionaires, in order to cash out, tons of money would be owed, that's not the problem. The problem lies in when the gov says "how did you get all of this" and it's stated that it was bought during the bear market (like this current one, and this is a hypothetical for the future) BUT you can't prove what you bought from it, and you might have owed money from like kind crypto trades.

So... because of that, and the fact the IRS is out to get innocent people just trying to make it out of poverty. The only solution is to revoke citizenship and move to another nation if crypto ever makes one a millionaire because they wont just accept you paying them taxes they ask for and move on. they'll try to make it like you're a criminal and you have to risk going to prison if you lose a legal battle at worse, or, pay crap tons of fees at best.

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Board Legal
Re: You moved to another nation/give up your citizenship, can the IRS still get you?
by
Anonohmon
on 16/08/2022, 18:05:23 UTC
The US tax system is pretty unique and if you want to avoid paying any taxes in the US after you ‘leave’ you will have to pay an ‘exit tax’ to the IRS.

If you are a citizen of the US, but living/working abroad your income will still be subject to US Income tax laws.
The only way around this is to renounce US citizenship and pay ‘ an exit tax’ !!

https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-about-international-individual-tax-matters

I'm assuming an exit tax is only applicable in the event you actually have money in a bank or some sort of financial institution.
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Board Legal
Topic OP
You moved to another nation/give up your citizenship, can the IRS still get you?
by
Anonohmon
on 13/08/2022, 04:52:30 UTC
So, apparently from my understanding, is if you want to avoid paying taxes, the only option is to move to another nation. And, you have to give up your citizenship to the USA, because as a citizen, the gov would still expect you to pay even if you live in another nation and are a citizen there. If you still have US citizenship, they will want you to pay. 

So, with that being said, if they think you should have paid something, would they try coming after you if you're in another nation and are no longer a citizen?

I really suppose it depends on which nation.

Like Germany or the UK vs Belarus or Russia.

I'm sure Russia would tell the USA to fuck off if the USA was like "hey, can you kindly ask one of your new citizens to give us money please Smiley"

But would Germany or the UK or any of the US allies? If the US said they have suspicion that one of their new citizens, might owe taxes on crypto currency.


Keeping in mind, you are now paying the new countries asked taxes for whatever they say they want and are not violating any of their laws.

I might be overthinking this but I'm asking for a friend. This friend which is definitely not me, doesn't even know if they "owe" anything or not but doesn't think they do since they had a ton of losses and didn't make much of anything.... and it's impossible for them to really find that out as they didn't keep records of every little petty trade they made. And the IRS being unforgiving, even if you owe 5 cents, will then charge interest every day for these small cents you owe, and then try to arrest you or at very least take all your stuff over a few dollars of taxes that is clearly an unintentional error.

So the person doesn't know, the IRS might not ever know, but if they did ask. I'm just wondering the likelihood of a nation handing over a new citizen to a nation of which they are no longer a citizen of?
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Topic
Board Bitcoin Discussion
Topic OP
If you had to move from your nation to another nation, which would you choose?
by
Anonohmon
on 13/08/2022, 04:38:51 UTC
Let's say you became very wealthy because the crypto you held went to the moon. You are now a millionaire. But, you have to move to another nation. Which would you move to and why?

I'm especially interested to hear from those living in the USA.

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Topic
Board Bitcoin Discussion
Topic OP
Mixers that mix bitcoin without letting it be obvious that it came from a mixer?
by
Anonohmon
on 13/08/2022, 04:10:36 UTC
Are there any?

What's the point of a mixer if you don't get a fresh entirely new bitcoin address with no connections to any other bitcoin that could be "tainted"

Speaking of tainted bitcoins. Some people said tainted bitcoins aren't a thing. Well tornado cash crackdowns seem to suggest otherwise.
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Topic
Board Bitcoin Discussion
Re: Crypto Mixer developers are arrested in Netherlands
by
Anonohmon
on 13/08/2022, 04:08:32 UTC

The guys running Tonado.cash who supposedly provides anonymity for his clients is pretty much exposed and is now in custody. On the other news, it says Suspected developer of crypto mixer Tornado Cash/ Alleged Tornado Cash developer arrested in Amsterdam. So he isn't confirmed whether it's him or not. It'd be scarier if they are also going after the users of Tornado Cash.

in fact they ARE going after users too from what I hear.

This is entirely unconstitutional and it's because we're not doing enough to make our voices heard in discontent that they're getting away with this. It's insanity. The USA is becoming the most evil totalitarian dystopia on the planet.

At least the DPRK was always consistent with its totalitarianism.
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Board Bitcoin Discussion
Topic OP
How many ancient anonymous whales are there?
by
Anonohmon
on 13/08/2022, 04:05:46 UTC
Like people who explicitly bought or mined bitcoin with literally zero KYC back in the day when it was easy to do that. And are now moving the markets buying and selling. Is that still a thing or not?

Or have pretty much all of the ancient whales touched an exchange or cashed out?
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Topic
Board Bitcoin Discussion
Re: How many anonymous whales are there?
by
Anonohmon
on 13/08/2022, 04:00:12 UTC
Even though they buy with KYC only the exchange knows who/whale bought/owns the BTC, it's very likely that the exchange won't open this data and is quite doubtful that whales will buy it through the exchange because they could buy through other methods.
Addresses detected as having a lot of BTC are mostly exchange addresses, so it is very difficult or impossible to reveal how many whales have BTC or how much they have because their decision to own btc is anonymity.

Unless they then mix those coins, or use XMR to anonymize them, the government would still know where that money is going correct?
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Board Bitcoin Discussion
Re: How many anonymous whales are there?
by
Anonohmon
on 13/08/2022, 03:58:35 UTC
Most whales are anonymous, only attention seeking morons announce publicly how many bitcoin they have. I know people like Saylor are ‘out’ so to speak but I’m not talking about them. Any whale is not a public figure will remain anonymous. There are too many security risks with publicly announcing how filthy rich you are.

Smart people say gery little when it’s not required.

And keeping in mind when I say anonymous. I dont mean only to the public, rather, also to the government.
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Topic
Board Bitcoin Discussion
Topic OP
How many anonymous whales are there?
by
Anonohmon
on 12/08/2022, 20:20:50 UTC
Like people who own tons of Bitcoin or crypto but bought them without KYC? Either before KYC was a thing, or bought them through methods that did not involve KYC?




And how many people do you think hold a lot of wealth, who did buy with KYC, but anonymized them for privacy. Not for committing crime, but just mixed or XMR converted their btc and back to get anonymous bitcoin and are whales. Moving markets but no one, not even the US government, knows who they are?
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Board Bitcoin Discussion
Topic OP
What percentage of people in the USA do you think haven't paid taxes on trades?
by
Anonohmon
on 09/08/2022, 03:40:26 UTC
To be clear, we're talking trades or swaps from one crypto to another not just cashing out.

I had no idea taxes on crypto trades were even a thing. Hell, had no idea anything about taxes were when I first started dipping my toes in bitcoin. Then when I heard you have to pay taxes on cap gains I thought it was just for cashing out. I have a feeling more than half of millennials and gen Z like me also had/have no idea. Like 60% or more for millennials. I guess about 45 to 60% for everyone. Leaning more towards 50 to 55% as a more accurate guess. Only one of the dozen friends of mine who knows about this knew there were taxes on trades, and I'm not even sure he knew so much as just guessing to pick a different answer than the rest. Only like 4 of my friends knew taxes of some sort, namely, selling bitcoin would result in a taxable event.


Do you think this article is accurate or do you think it's more or less from the time this article was published?

https://finance.yahoo.com/news/40-crypto-investors-don-t-153230225.html?guccounter=1&guce_referrer=aHR0cHM6Ly9kdWNrZHVja2dvLmNvbS8&guce_referrer_sig=AQAAACTUn5OkJSyGccBl_t5YTX9BKJWJupqXk5BTRWm99ikZBjROQgLVoxb8Oe1MkXuAn6hhrIlOYbbEbymVnoezNgm6JvJRwCICtKa6XYbvo-Ft0B_0cl-Ii4fRmLpTQWrQ1o7ncBWwsomTr04VAMmf08eEiH3pt_CNRt4r7OMc37Cd

Isn't it insane that only in the USA, they tax trades and then expect YOU to figure out how much you "owe"??
Imagine going to the grocery store and the cashier scans all your items, her computer tells her how much you owe, but she wont tell you, and instead, expects you to calculate everything and if you're wrong, you go to jail. This is essentially the tax system in the USA and they don't teach any of this in schools. You're just supposed to be psychic and/or be born with this knowledge.
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Topic
Board Bitcoin Discussion
Re: Countries have banned Bitcoin; Do you believe is because of criminal activities
by
Anonohmon
on 09/08/2022, 03:27:21 UTC
It's literally never that reason. It's always about control and money. I'd respect these governments if they were at least honest about the reason. "Hey, we just dont want the common man becoming financially independent because we have less control over them that way and it upsets the ruling class. Nothing personal"

Instead of this bullshit about OUR safety...
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Board Legal
Re: How does the IRS look at anonymous bitcoin?
by
Anonohmon
on 09/08/2022, 03:24:48 UTC
If memory serves me correctly, they have their own blockchain analyzer and tracer.  However, something like Wasabi Wallet might make the IRS's job a bit harder and keep them a little more honest perhaps.

I've also been wondering, how do they look at these millionaires who cash out from before KYC was a thing?

These millionaires have lawyers and tax advisors on their payroll, who provide them with solutions to what you are talking about. Instead of asking in a forum, they ask their lawyers about the doubts you mention.

Besides, you are taking a lot of things for granted, which need not be the case:

The gov going to arrest them because they cant prove how they bought them?

Not in all cases are millionaires going to be unable to prove that. And in any case, most of them legalized their situation long ago, not now. Look at the Winklevoss twins for example.

Yeah I mean if crypto makes me a millionaire I'd be sure to talk to tax lawyers if I wanted to stay in the US. There is no point right now as I'm probably at a huge loss. However, from the sounds of it, it sounds like the gov is literally out to try to get you even if you do that. Like face the risk of hiring a lawyer and getting charged and possibly convicted of something anyways so is it really even worth it? Moving to another country would suck but at least you'd be free from unfair tax laws from a literally evil government that tries to punish you for doing the "right" thing and being law abiding. Since having private bitcoin isn't illegal, nor is not saving receipts of purchase.   

And I was under the impression a lot of bitcoin out there is still in the unknown. As in there are holders of it who have not revealed they own it. Is that really all a thing of the past? I heard that some years back that a lot of bitcoin addresses are held by unknown entities and have been holding from 2013? or something like that. Ancient whales or something. So like some of it is probably people who could have mined it on a laptop or something, or maybe bought and literally forgot about it until recently ish or something idk. I was under the assumption it's still a thing. Idk if most of them revealed themselves when it went up to 60 70k? Idk. Like I feel like there are tons of people who didn't cash out because it didn't make them rich, just like bought a small amount or just a few bitcoins when it was cheap or something long ago, and are just waiting till it reaches a mil. Idk. What metric can we use to measure that?
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Re: How does the IRS look at anonymous bitcoin?
by
Anonohmon
on 07/08/2022, 03:57:35 UTC
If memory serves me correctly, they have their own blockchain analyzer and tracer.  However, something like Wasabi Wallet might make the IRS's job a bit harder and keep them a little more honest perhaps.

It's probably somewhat easy to hide the paper trail. I just hate the fact that wanting privacy is treated like a criminal offense even though it's not at all illegal. If bitcoin goes to the tens of millions I'll prob be forced to play it save and revoke my citizenship and move to a more crypto friendly nation, of which, idk. Maybe declare my millions, pay whatever tax on it, then reapply for US citizenship if I want to come back. Such a fucking hassle to merely cash out. Well, I guess the US gov will miss out on the taxes I'd pay on cashing out. Dumb fucks, their loss.
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Board Bitcoin Discussion
Topic OP
What ways does your IP address come into play for holding bitcoin?
by
Anonohmon
on 09/07/2022, 05:31:44 UTC
I keep hearing about how if you're not using Tor or or VPN you can be identified as a bitcoin user by your IP address. How is that a thing?

If I have bitcoin on a wallet, what about my IP could identify me? Does it matter if you use Tor to look at transactions but just didn't have all internet traffic through Tor when you activate your wallet on your phone or computer?
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Board Legal
Re: How does the IRS look at anonymous bitcoin?
by
Anonohmon
on 09/07/2022, 05:28:03 UTC
That's crazy they wont take "I bought bitcoin back when it was around 20k and held onto it for years" approach! What are the probably many other people who still have bitcoin from 2013 and so on when it was only a few thousand but they bought from one of the plentiful non KYC exchanges?

So is it if you just show up with 1 mil out of no where? Or is it so long as they can see that the bitcoin has sat in a wallet for a long time but is just not connected to a paper trail, would that matter?

Either way, something tells me the totalitarian states of America is not the place to be when you want to cash out.

If you got your Bitcoins in 2013 and they are in the same direction today, you are in a good position, or you moved them but the transactions are clear and you can sign messages from the addresses. The only thing is that if you can't prove the purchase price, you will most likely be charged a 0 purchase cost, which won't make much difference with the real purchase price, since almost everything is profit.

If you moved the Bitcoins by mixers for "privacy" I think you have it more complicated as the IRS does not like privacy.



Yeah they hate privacy for sure... but there is no law against making your coins private. Say swapping to xmr and back. So I dont get what they can do from a criminal law standpoint, they need evidence you did something wrong right? If they have nothing because it's just bitcoin that showed up some time ago from an xmr swap, it's just a new fresh bitcoin, and if it sat for years and suddenly goes to an exchange. Like they can suspect maybe you did something wrong but what can they do about it unless they crack xmr itself?

The only thing i can think of is maybe them wondering if you paid taxes on the swap when you swapped from xmr to bitcoin but guess what, you only have to report anything if you made a profit. no cap gains taxes on losses. So just convert during a bear market.

Are there any known cases of anyone getting in legal issues from crypto because they kept their coins private?
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Re: How does the IRS look at anonymous bitcoin?
by
Anonohmon
on 08/07/2022, 00:27:28 UTC
Thanks, yeah how about like 1 entire bitcoin? Lets say someone bought bitcoin every couple weeks over time and has 1 bitcoin. Bought via exchange, and ATMs that don't require ID and just converted to XMR, sent to another address and converted out to bitcoin. So there aren't many records.

And lets say the individual is not going to spend or sell the bitcoin until it reaches 1 million dollars... which could be in the far far future, 20 30 maybe 40 or 50 years from now. Something that makes it possible that records held by the ATM and exchanges could be gone if those exchanges go out of business.



And, if someone had 10 anonymous bitcoins.... I'm thinking they should wait till it goes up past 70k again and move to a more tax forgiving country, or a country that will not be afraid to tell the US to go F-off... And honestly there are few nations that will do that, maybe Russia? Although being prepared to follow all the laws of this new country you have moved to because you've burned your bridges.

What you are asking has been discussed in several threads, for example this one:

https://bitcointalk.org/index.php?topic=5355749.0

The answer to your question depends a lot on where you live, but to summarize.

Showing up with a Bitcoin when it's worth $1M before tax authorites is the same as suddenly showing up with $1M in dollars that you can't justify.

In the best case scenario you will be charged a tax, which could be capital gains tax with 0 purchase cost in the case of Bitcoin and I am not so sure in the case of cash. It could be the same or it could be income tax.

But I am inclined to think that you would be investigated for tax evasion. Think Al Capone was put in jail for tax evasion: they couldn't prove that he murdered, extorted money, etc. The only thing they could prove was that he had more money than he could legally justify.

So, $1M seems to me a considerable amount of money to open such an investigation. If you have $1k in Bitcoin that you can't justify you're not going to have problems but when the amount gets big you risk ending up in jail.



That's crazy they wont take "I bought bitcoin back when it was around 20k and held onto it for years" approach! What are the probably many other people who still have bitcoin from 2013 and so on when it was only a few thousand but they bought from one of the plentiful non KYC exchanges?

So is it if you just show up with 1 mil out of no where? Or is it so long as they can see that the bitcoin has sat in a wallet for a long time but is just not connected to a paper trail, would that matter?

Either way, something tells me the totalitarian states of America is not the place to be when you want to cash out.