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A comment on No End in Sight for Crypto Sell-Off as Bitcoin Breaches $4,250. Parent comment

Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by avar on Tuesday November 20, 2018 @10:19AM (#18494374)
FATCA is about making non-US financial institutions report to the IRS et al about holdings of US citizens abroad. Worrying about terrorist cells in foreign countries made up of U.S. citizens is absurd.
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Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by toomuchtodo on Tuesday November 20, 2018 @10:22AM (#18494410)
FATCA is the stick used to dissuade tax evasion by US citizens. If people think they can evade taxes successfully, they will. Whether this impacts Bitcoin or other crypto is inconsequential.
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