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by esosac 1997 days ago
i live in venezuela and i buy and sell bitcoin every week because it's the easiest way for me to get the local currency on localbitcoins so i can buy groceries and such. i only use it for this purpose

i've also sent money to people in other countries using localbitcoins. it's really helpful for me in that way. they just deposit money into people's accounts and it's worked flawlessly for me so far

1 comments

Is there any tax liability there?
to be honest, i don't know. they're always changing what's allowed regarding foreign currencies and i don't know what the law says right now