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by xur17 3105 days ago
If you want to be compliant, and not commit tax fraud, you will. Just because it will require some effort to track you down doesn't make it ok.
1 comments

You and I may be compliant. The point is, most people won't.
Saavy consumers will definitely evade this. However, this tax is likely targeted at finance companies looking to “get into crypto” and will do everything by the book
How many convictions will it take?
https://en.wikipedia.org/wiki/Calculus_of_negligence

Premeditated tax-negligence is fraud according to the IRS, but the thinking remains.

How many convictions will it take? Depends on how much is on the line.