Because with REQ you can set it up as a payment instead of an exchange which has all kinds of legal/tax significance.
So if you own a business it might be more lucrative to pay yourself using a payment portal instead of exchanging your money.
Sure for the average joe with 100 shitcoins this isn't an option but I was just replying to that user why it has that specific usecase.
>Business pays itself instead of exchanging money
>Possible means IRS get less money
>IRS: oh he used REQ, pack it up boys, this is legit
How would this not be money laundering?
Because there are different rules for private persons and business income.
Also IRS is US only which is less than 10% of the cryptocurrency community.
Yes, but if you're funneling private money that you haven't claimed or paid taxes for into a business that is the very definition of money laundering.
Find me another country where this is legit and the gov't just doesn't care about the taxes they're owed.
>What is a bear market?
MY REQY STAYS SKETCHY $100 EOY
nice
>now I won't have to sell my req for btc to buy off jmbullion when we bullrun again
How many oz of Au will 15k req get me one day?
Is 50k enough lads?
How is this even legally possible?