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DinosaurAlert 1 point ago +1 / -0

Nobody can stop someone from sending money to those addresses.

They can stop you from turning those bitcoins into usable cash.

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SpezRapesChildren 1 point ago +1 / -0

They can stop you from turning those bitcoins into usable cash.

If you know what you're doing, that's not true. You can trade BTC for XMR (monero) so that would never be an issue.

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DinosaurAlert 1 point ago +1 / -0

You can trade BTC for XMR (monero) so that would never be an issue.

I can’t buy a sandwich or pay my gas bill with monero.

At some point, money has to be turned into dollars, which has to happen through some bank. Banks are required to report large transactions (and check for structured transactions meant to avoid it.). If a bank doesn’t want your account, you are out of luck.

The IRS now explicitly asks about digital currency as well, so privacy is gone unless you lie on the form.

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SpezRapesChildren 1 point ago +1 / -0

I can’t buy a sandwich or pay my gas bill with monero.

That's not the point of what I was saying. If you know how to properly use Monero alongside Bitcoin, you can always cash out via legal means to pay the bills. There's no way for any authorities to prove how you got the coins if used properly. After cashing out, pay the taxes with IRS so if they ever come after you that's one less thing to worry about.