Bitcoin is not technically money or anything else that the IRS might be going after.
If you keep it in private wallets and not exchanges this might be true. If it is in the coffers of exchanges they may more actively track it.
You are viewing a single comment's thread from:
Technically, even if Bitcoin is in private wallets, the addresses and transactions can still be discovered and followed on some of the websites where it shows the transaction logs.
Yep. There are ways around that if people truly wish to go that route. Though you'd need to send it through different wallets and some using wrapped bitcoin or something with a privacy layer.