Quote:
Originally Posted by L-Pink
Don't forget you also need to generate a profit/loss figure for each transaction to comply with IRS regs. Just like selling a percentage of apple stock to buy something.
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This is true. However it's an anonymous currency and there are ways of cashing out and remaining anonymous. Some people will sell cash for a hefty fee. Some sell pre-paid visa gift cards. If you know how to spend that money and stay off the grid you'll be OK.
I checked coinotrons stats:
https://www.coinotron.com/coinotron/...ion=statistics
It looks like they go over a week without solving a block sometimes. So you wouldn't see any bitcoins until the block is solved.