Mfw made 2 mil in crypto this year

Incorrect, they can contact the banks and see where the money went, including exchanges and what assets are bought and what they are worth and how much they are worth when they left. I would stop receiving benefits now if I was him.

will you buy me one particular HDD then?
save me some 50€, be a bro
he can cash out on various BTMs, right?
i mean, he'll lose 10% but at least he won't get fucked by (((taxmen)))

What banks and what if he isn't using exchanges that take information?

trump is president now, theres no reason to be a welfare queen anymore

Fuck you dick

It's not in fiat, that doesn't make sense. If he's cashing out and spending it then maybe it does.

If he took cold hard cash to a dodgy BTC dealer that does 0 verification that would be the only way they couldn't track his assets and prove him to be committing fraud, you are also implying exchanges like binance/bittrex wouldn't give information to a government?

Depends on the country, I know in Australia we have shares/cryptocurrencies listed as assets. If you are receiving government handouts and hold assets over a certain amount, you could get fucked. aka lose all of it and go to jail, fiat doesn't matter, its the value of the asset at the current time, fiat only matters for capital gains mate.

I got laid off around two months ago and was terrified of losing everything, but I got into crypto and have made about what I would make in a year at my job, in these last two months. Like I literally used to think about killing myself every other day because I was so depressed and worried about money. Now I trade a few hours a day and do whatever I want for the rest of the time. I don't even look for jobs anymore. I don't think I'll ever work again. My depression is gone and I actually have something to live for

You go to gov.uk and find out what your eligible for you pleb
Or go to the dole office

>Being retarded

Nigger, when I cash out I'm gonna say I found my hard drive that I mined years ago on, and all is well. Either way, nothing will happen. You plebs overestimate.

>Dick
Why? Bring it all down

OP do you realize if you cash out more than $10k the IRS is going to want a paper trail at which point you will be promptly fucked in the butt

what if he used binance with no legal name and email that cant be traced.

>Lose all of it
Lmao, Nigger I'd rather die than hand over anything to the government

Already got it covered

LOL you think chinese exchanges even open letters from the IRS?

12 week wait if you resign. You need to get fired to be eligible straight away

>IRS
>implying everyone is merrican

why in the world would a chinese based exhange give info to the IRS?

Same except I joined the Army and dumped all the money in crypto. Its government bux either way

Americans always do this

They are retarded

Assuming he did not verify to receive bitcoin or whatever to move it to an exchange, it would be fine.

You sound like you are in your late teens, early 20's. If you cash out and the government comes knocking on your door, have fun losing all your assets and going to jail.

That is nothing of the "same", you moron. You're cannon fodder. You're literally a disposable bellend for some rich kike who wants war.

LMAO
>Muh protecting muh country
From who?

I'm sure Western European welfare states will be fine with losing tons of money.

any exchange that allows you to cash out to fiat will keep records. even if you find a way around that banks are required to report any money transfers above ~8k. hopefully op is spending some of those gainz on lawyers

???

I joined for free college. Made 800k instead. Not a bad deal

You sound like a bitter poor faggot

Cashing out won't be a problem, already have it covered

Also say it to my face not online etc etc

>Gambling hoping Binance does not give out information
Welp, you are either rich or in jail with nothing. But if you get 2 mil out of thin air, they are going to come knocking

As long as you're out now then yeah, fair enough, but if you're not? Then do so

I'd break your jaw mate

What do you need HDD for user,
What are you PLOTTING there?

>You sound like a bitter poor faggot
Sorry thats going to be you after you cash out and lose everything then go to jail for fraud, enjoy faggot. If you are lucky I might send you a card.

Does government benefits give gym memberships these days?

Also remember being nogunz is just as pathetic as nocoinz. Besides the army is fun as fuck

Jail? HAHAHAHAHAHA

You people watch too many movies. You fucking retards think the government is some big bad meanie when in actuality they're incompetent morons who have clue as to what they are doing

If I went to the tax office now and asked about cryptocurrency they would have to call 6 managers who would then call 6 other managers before they even had the slightest

>JAIL
HAHAHAHAHAHA

Yeah they do in the UK, if you ask your doc and say you are low energy

>I actually have something to live for
> this ride isn't going to end at some point

There is only one competent agency in the government, and that's the IRS. The IRS is the one who will put you in jail for this.

Laugh now and cry later when they come knocking, done with this garbage thread.

i thought 256GB SSD would be enough, but boy, can't find any modern game below 20 gigs.

no he will just have to pay a fine lol the govt has no interest in throwing people who make money in jail.

im not telling him not to pay taxes when he cashes out numbnuts, just saying Binance is a stone wall as far as communication with US govt is concerned

Let him think he is safe, he is laughing so hard now but will literally be crying and wanting to kill himself. Now I am actually done with the thread.

>IRS

NIGGER I'M NOT AMERICAN. WHAT THE FUCK DOES THE IRS HAVE TO DO WITH ME? YOU STUPID CUNT

Not everyone is fucking American, you know

Bye bye pauper

LMAO
You want that to happen, don't you? But it never will

>HAHAHAHAHAHA
You do realize people go to jail for fraud, correct? All they have to do is check with your ISP to see what exchanges you used, then go to that exchange and ask for a record of your trades.

Saying 'I found it' is the most retarded thing you can do. Cashing out over time through some shit like localbitcoin is far safer. The hard drive shit is almost guaranteed to get you charged with a crime.

Ok, what ever your local tax agency is. 90% of the time the most competent organization in the government is the one that collects money.

Don't be a scrounge you fucking reprobate

>Check your ISP
HAHAHAH
>ASK A CHINESE EXCHANGE
>THINKS THEYLL COMPLY
HAHAHAHAHAAAAAAAAAAAAAAAAAAAAHAHAH
You fucking idiots

>HAHAHAHAHAAAAAAAAAAAAAAAAAAAAHAHAH
They've literally done it before and had people charged for it. Do some basic research before you act like a tard.

>Scrounge
It isn't though is it? Being a scrounge is working everyday 8-5 for decades
Enjoy being poor. There is nothing wrong with social security

Why would I allow some foreign fucker to come here and claim X and not claim it myself? Are you on hard drugs?

Lel, I applaud you if it's a cucked western country like Britain.

Your tax monies wouldn't be going anywhere nice

HAHAHAHAA

Post me (1) ONEEEEEE single time this has happened in the UK, where they contacted a chinese exchange by monitoring their internet usage via ISP

Go ahead you low IQ moron, i'll wait

you're right about the gov being incompetent but you're forgetting that most of this shit is automated by software now. if you cash out any decent amount it will be flagged and you'll likely get audited without a human ever looking at it. at that point you have to prove where the money came from and unfortunately everything you do on the blockchain is public and traceable. you could try washing it with monero but if you slip up then you're looking at money laundering charges instead of tax evasion

Why are you speaking as if I'm some fucking retard who saw cryptos on Fox and decided to buy?
I've been in crypto since 2011. I was here while you were still wanking over your first crush

>Muh automated systems
Lmao ok

Kek

>Saying 'I found it' is the most retarded thing you can do.
"I lost it"

LUL