Mosaicmind9x
Member
Is it even worth it? I know places give discounts, but after the exchange rates and all sides it really matter much?
Sounds about right...and I can tell you from personal experience the IRS is extremely competent, and pretty amazing at what they can uncover. Back 35 years ago I had the IRS come right to my home. They had a list of about 100 purchases I had made, most over $1,000 that I had made with cash, and they wanted to know where the cash came from. Lucky for me I had a plausible answer. That was 35 years ago, so think what they can do today.It doesn't even give you discretion. The whole btc blockchain has already been figured out by the FBI among other agencies just in the US. Completely traceable. Especially if you buy it on coinbase as they report everything to the irs. I won't use BTC nor do I want to own any for these reasons.
If you want privacy and discretion, Monero(XMR) is where it's at. Pretty much completely fungible and untraceable, way less fees, and quicker.