Quote Originally Posted by Mr.Smith45 View Post
Does bitcoin do reporting to the fed? I thought it was supposed to be anonymous?
its not illegal to buy or trade btc. so who cares if its reported and your paying taxes on it. Give Uncle Sam their end and carry on with your life. And btc is far from anonymous. Yours and everyone elses transaction is on the blockchain.. You can actually look up someones wallet ID and see how much money is being sent there. I traced someones wallet ID and they have had over 1Million sent to their wallet already.

Only anonymous crypto is Monero.