proto1337

All about the jurisdiction, man. If he files in the UK, UK law applies. But if it’s in the US, that’s a whole different game.

Where I live, it’s pretty strict, but many find loopholes. Only taxed if you convert to fiat. If you just hold BTC, you’re safe.

And enforcement? Anyone can just use P2P platforms like Localbitcoins. These crackdowns rarely work because they’re basically impossible to enforce.