These transaction limit reporting thresholds are easy to skirt in fiat world, and a laughable joke in btc / lightning world. For example: I have 3 separate on chain addresses with utxos that have never comingled in a wallet with $7k of btc each. I send each address' bitcoin to 3 addresses under someone else's wallet for a purchase. How are the best and brightest at the IRS / treasury gonna catch that ? 😂
03 January 2024
1 min read