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RE: 5 Best Cryptocurrency Investments for 2017
The question for me is if Monero and Dash are more anonymous, why doesn't the IRS go after them instead of just an exchange like Coinbase.
The question for me is if Monero and Dash are more anonymous, why doesn't the IRS go after them instead of just an exchange like Coinbase.
Good question. I wonder if it's just a matter of technical difficulty?
The quality of being decentralized is what makes it hard for the IRS to target a coin itself. Who does the IRS target? Coinbase, by comparison, as a centralized point of coin conversion is like a fat prize waiting to be taken. Coinbase will feign obstruction of the IRS moves publicly, while cooperating privately. It doesn't really have a choice. That's my two cents anyway. :-)
Valid reply.. and it may not be the IRS, but I am sure some 3 letter agency is working to kill Bitcoin and the rest.