Gonna be honest, with the way the IRS taxes bitcoin, leave that shit and forget it. You lost it, get over it, but the absolute ass reaming you will get trying to understand how bitcoin and commodities are taxed, will make you wish you had never remembered the password to begin with. FOr example, gold taxation is calculated based off inflation of the original purchasing price. If gold goes up by 1000/yr, then you owe 35% or more on 1000$. Except who has 400$ lying around to keep gold around? One of the many ways kikes stop people from owning and storing commodities
Capital gains dude... you get taxed less in crypto than honest jobs.
I paid almost nothing my 2nd year trading crypto because I believe it's 37,500 in the 2nd year, for 0%, first year it's like, 10% which is still less than honest jobs where you actually build something.
My big problem, is i want to buy anonymously, and i have no idea where one goes to do this. It seems everyone has a pozzed exchange which is annoying
Everything got kiked around the end of 2018, as far as exchanges go.
If you want to buy anonymously you'd have to buy directly from someone, if you bought with cash and the seller didn't know your identity all the blockchain would show was that someone sent money to some address. Without any tie from you to that address you could effectively stay anonymous, but it's a real pain and has some decent trust considerations.
Damn, ok i did not know this. I would assume they would use capital gains + inflation, and use some obscure taxation mechanism. Allthough i guess this assumes you even declare said bitcoin, which is unlikely
I traded alt currencies. All the banks ever saw was that I sent money to coinbase, sent that BTC off to cryptoland, and got more BTC back, worth more, sold back through coinbase.
It's like trading assets, there weren't any rules really for crypto at the time. I'm not sure now.
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