Topic: Signature mixers question - page 3. (Read 570 times)

The theory works with everyone on the forum declaring signature campaigns earnings. In practice it works with people cashing out what they earn with anonymous Bitcoin ATMs, DEX, buying gift cards or depositing it in the casino and losing it. Without declaring it.

Others accumulate but may find themselves tomorrow with a serious problem, which has already been discussed many times on the forum. If by accumulating you find yourself with $1M that is difficult to justify to the authorities, you will have to look for specialized lawyers and maybe set up some kind of structure to be able to use that money, or go to a crypto-friendly country where you will not have problems about the origin of those funds.

So, you guys are getting paid in Bitcoin just to pay tax on it? Let me go bash my head against a wall.🤦‍♂️
But in any case if you guys wanna play submissive little b*tch role for the central banks, you could show an archived version of the former glorious and currently banned signatures of mixers to the tax boss man. 😉

Given current events, I was wondering, how are previous campaigns that promoted mixers going to show up? I was thinking that when one does taxes and wants to cash out earnings made off mixer campaigns into fiat, and the accountant, taxman or both, request context on earnings, we are going to have to send them a link to the post that contained your address were you requested to be added, and I would appreciate if it isn't all replaced with something that's showing some text that makes you look dodgy, like "banned site" or something as I saw in another campaign.

I wonder how to go about this at all. As far as I know it's a perfectly legal activity of marketing, but if theymos is going to replace all previous links with some sort placeholder, I wonder what's going to happen from now on.

For some small amount, I may not even cash it out. But those people that participated for years and have staked a decent amount and want to a buy a house or whatnot, will have to explain the earnings from the signature campaigns and provide context, and this context will be marketing activities for casinos and mixers in most cases. Chipmixer comes to mind as one of the longest running campaigns, and this one ended up closed. This sucks because 99% of people just mix their coins to pay without having to reveal your BTC net worth in the process, which can easily be looked up if you stack considerable amounts on a single address, or if you have made payments that joined several of your addresses. This should be reasonable to anyone including the taxman. If we don't fight this false narrative of how mixing coins = criminal activity things will only get worse.

As far as cashing out earnings from sig campaigns, I wonder how that works in practice. If anyone has any experience with this please let me know.