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2025-03-07 06:57:11 UTC
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Elephant in the root on Nostr: It's also a rather popular method of getting rid of KYC-related coins. Sell them at ...

It's also a rather popular method of getting rid of KYC-related coins. Sell them at loss (no tax) then buy them back without KYC. Now you have coins that the government doesn't know about. And if you also sell without KYC the government doesn't know how much taxes it should charge you.