Bank want me to be prove that i dident get my bitcoin stash from illegal activities how do I do that?
Bank want me to be prove that i dident get my bitcoin stash from illegal activities how do I do that?
Dylan Evans
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Henry Sullivan
Use a different bank.
Jack Price
Tryed all banks in my region have that policy won’t move for that matter
Andrew Martin
Trade history from all your exchanges?
Samuel Mitchell
why dont they try to prove the opposit?
Matthew Hall
use a foreign bank and avoid taxes as well
Jordan Sanchez
why would they fucking care playing moralfags as a bank anyway.
if they dont want your money go to someone else, this is about business
Hudson Davis
Most of the profit is from earliy days of /b/ where i basically got it for free
Kevin Mitchell
OP is experiencing the ultimate crypto meme
I experienced it too and had to spend 6 hours in setting shit up to be able to turn crypto to cash
>at the end of the day after all the hardships you wont be able to cash out
Dylan Evans
just make the people u pay for things acceft any crypto and fuck the fiat?
Jace Rogers
Then do printouts of blockchain explorer and prove to them how long you held it/ not moved it and that is was only a couple $ when you received it.
You could also sign messages with your early addresses private keys.
Luis Lewis
tell them you got them from a friend in 2011 or you mined them, they were worth nothing at the time so you didn't keep records
Colton Flores
Would but then same problem when I try to spend the income in my country would have to explain to tax authority’s then
Need the fiat for my plans
Alexander Myers
The tax authority is likely to be much more forgiving, they only want you to pay taxes
Juan Howard
>to be able to turn crypto to cash
There are reputable gold and silver vendors that accept BTC. Why not just load up on metals and take them to a local store to get cash?
Jaxson Campbell
Let’s say that I got the fortune this year and and explain the origins for hypothetical reasons
David Williams
Tax authorities are very strict and for the amount I would cash out it would set of alarms with any store
Parker Powell
oh and btw 6 hours of work just to transfer 100dollars in profit
well good luck; depends on the amount you wanna cash out ALSO any businessman knows that the bitcoin bubble burst and its going down to $200 in a couple years
only crypto cultists think otherwise. this shit has only 1 real world use case (buying shit from silk road; its not even good for money laundering anymore)
Luis Mitchell
How do people on the Silk Road expect to cash this shit out
Joseph Hernandez
they use monero from what i heard also see this
techradar.com
use at your own risk. this crypto bullshit could easily take your 100 btc and give you nothing in return and then wat you gonna do? call the bitcoin police :^)
Michael Sanders
6 hours for 100 bucks? Where do you live, some shit stain country?
Wyatt Russell
i live in 2nd world secular country. here bitcoin is considered Satan's tool
Dylan Barnes
So it *actually* was gained from illegal activities?
Leo Bennett
i really doubt op will be able to cash out. depends on the amount but looks like OP is gonna have to go hardcore criminal and seek out a corrupt accountant and do some serious money laundering involving offshore accounts
Nicholas Perez
Are you from Lithuania?
Isaac Myers
More northwest
Jacob Cruz
sue the fuck out of them imo
ammonia nitrate fertilizer is also pretty cheap
Connor King
how do you even find one of those?
Ian Lewis
LBC
Zachary Parker
Ah well, in that case take a look at Mistertango. It is a bank from Lithuania that is very friendly to cryptos. However, our "national" bank hates them, so I am not sure how long this will continue.
You could also try opening an account in Switzerland but that is very costly.
What about Localbitcoin?