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    Pokerface's Avatar
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    Default United States IRS Tacking Bitcoin Activity

    As expected the United States Internal Revenue Service (and other countries) want to have a better understanding and control of cryptocurrency transactions. Coindesk is reporting that the IRS is using a bitcoin transaction tool developed by Chainalysis since 2015.

    No real surprise …… it was just a matter of time.

    To read more: https://www.coindesk.com/irs-using-b...re-since-2015/
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    Yes, It's a matter of time. Converting our Bitcoin to fiat is going to be tracked by someone. Hopefully, most Bitcoin users will now fully understand that Bitcoin transactions are not truly anonymous. Converting your bitcoins to cash via localbitcoins.com is risky and costly. More importantly, localbitcoins.com is a lot less convenient.

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