Quote Originally Posted by Paddles View Post
This is the reason (partly) that Satoshi created Bitcoin. The hoops you have to jump through to manage your own money, that has likely already been taxed generously, is boarding on criminal.
Well cryptocurrencies in my opinion is gambling so not gonna touch it. Besides, sooner or later you'll need to realise it in fiat currency and to do that, it has to pass through into a banking system. Globally, the banks are riddled with regulations and tax so when a whopping sum appears in the account out of no where... the tax dept is gonna ask how it came about and will tax it accordingly.