Hiding money in cryptocurrency

3 years ago
1

Source:
https://www.spreaker.com/user/hittjw/hiding-money-in-cryptocurrency

The first lesson of creating wealth is the never cheat the taxman. Cryptocurrency sounds like the freedom you’re looking for, but it’s a dangerous place to hide anything.

You may not be aware but every transaction and cryptocurrency has a public ledger. Every account has a key, and every key has an owner.

With all the laws in place hiding money in cryptocurrency is only going to get you in trouble. And there’s a reason these markets are permitted to continue. It’s likely because they are very accountable, transparent, and math exact transactions.

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