Heyy pssst user. Convert your Profits to Monero and evade Taxes

Shhhh... Dont tell the IRS.

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pretty sure the government created that fucking thing

Thanks, just bought 50Tb of pizza

based

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How does this work? You convert your crypto to Monero and what? Does it look like the transaction disappeared into thin air on paper?

Can someone please explain to me, in a non technical fashion, how this washes your profits?

David Bowie didn't die?

Hi
I'd break it down for you if you weren't a namefag

You buy the monero, send it to your wallet, say you lost it, and then either buy some gold and silver bars anonymously or create a charity/digital commodity business that accepts monero

Alternatively you can wait til enough people accept monero and at which point you could use it as an actual currency and never have to convert to dollars

the time for "cashing out" crypto has long past. anyone who still thinks about converting into dollars , euros or any other national currency is actually retarded.

This im really only deciding between keeping digital purchasing power in crypto or physical purchasing power in metals/goods. Thats it.

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even if they did, it doesn't matter. They created Tor, that doesn't make it easier for them to bust sites like silk road.

If the government created it they did it to hide their own money, not to trap autists on a basket weaving form.

you convert to monero, then send to another monero address from the first one, and then its clean.

nah, there's still a CME gap at 9k, its gonna dip at least one more time. I'm 80% in cash and 20% in crypto.

>> im 80pct in toilet paper.
kek

Convert it to Zano and make more. Here’s an interview with the author of cryptonote and lead dev of zano. youtube.com/watch?v=fcqRbLnZ_vQ

Look, these fags are paranoid fuckers.
Monero has been bullet proof for a long time.
Even if you wanted to fuck up you privacy, you would have a hard time doing it.
That coin has so much shit that makes the average retard normie safe.
Just read a bit about it if you want to learn what happens in the background.
As for avoiding taxes, well shit, if you exchange monero for fiat, depending on your countries policies, you will pay taxes or not.
Monero doesn't really change anything.
You can try local monero and change it directly to fiat and nobody would know, unless you go flex on social media or make a deposit in the bank (large ammounts).

Just pay your taxes kike, if you don't, then don't cry because you got caught.

Imagine holding any fiat and being able to sleep at night. Its 16% of my portfolio and everyday I weigh whether or not I should just convert it. The day I can pay my rent in something else i will.

>Just pay your taxes kike
I don't think you know what that word means

checked and based

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kek same here. in a lot of places you can already pay most things with crypto. like that american state where dash is very popular, i know a few people that don't have bank accouns anymore and livecompletely from crypto.

>i know a few people that don't have bank accouns anymore and livecompletely from crypto.
Thats a spicy life choice

>convert profits
Well Duncan, I hate to break this to you but the moment you convert, sell, trade, gift, or any other form of dispensing with an asset, you pay taxes on that change based on your profits to date. So fuck you with your shitty tax advice

>Implying kikes pay any taxes

>buy legit fake id + social for cheap from darknet
>coinjoin + monero + bitmix.biz to launder btc
>withdraw to usd using my fake id in cash app
It’s really this easy huh? Why haven’t I been doing this the whole time?

If I ever am about to jump country I'll send like 80% of my stack to a new wallet, do taxes on the 20%, then say I lost the rest to scammers or some shit.

That's fraud. They will ask you (person in fake ID) where did that money come from and you better give great, very believable answers.
It's easy until you're in jail. Just like selling drugs.

Many approaches where XMR could useful to avoid taxes.

You could use xmr to avoid paying taxes on crypto>crypto exchanges. Fiat>xmr>as much shitcoin trading as you want >xmr>fiat. Just pay xmr gains.

If you end up with more xmr than you initially bought with fiat then you could spend it on drugs from the deep web. If you don't use drugs you could sell them for cash at a large mark up.

You could also just hold the xmr until it becomes globally accepted as the standard money. No one will even know that you have it

* in america

europe is based.

How do you get the bank account

how would u convert from xmr to eth to shitcoins without sending the xmr back to a centralized exchange?