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A comment on The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees. Parent comment

Re:The largest unknown Bitcoin wallet moved nearly $1B for $... by DangerousPie on Tuesday June 30, 2020 @10:28AM (#23690360)
I'm not aware of any government that taxes money transfers. At least in any country I have lived in you can move around your money as much as you like without any taxes.

Now if you're trying to avoid income tax or something like that that's a different question, but then using Bitcoin doesn't magically make that disappear either.

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Re:The largest unknown Bitcoin wallet moved nearly $1B for $... by soared on Tuesday June 30, 2020 @10:31AM (#23690396)
In the us you would get taxed https://www.irs.gov/businesses/small-businesses-self-employe...
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Re:The largest unknown Bitcoin wallet moved nearly $1B for $... by thebean11 on Tuesday June 30, 2020 @10:39AM (#23690481)
You're assuming the Bitcoin changed hands though. Transaction doesn't necessarily imply that.
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Re:The largest unknown Bitcoin wallet moved nearly $1B for $... by selectodude on Tuesday June 30, 2020 @10:40AM (#23690496)
That’s if you give it to somebody else. If you’re transferring your own money there’s no fee.
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Re:The largest unknown Bitcoin wallet moved nearly $1B for $... by DangerousPie on Tuesday June 30, 2020 @01:31PM (#23692554)
You get taxed for the gift, not for the transaction. You'd have to pay the same taxes if you used BTC.
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