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A comment on For Sale: 50,000 Bitcoins. Parent comment

Re:For Sale: 50,000 Bitcoins by paulsutter on Monday November 17, 2014 @11:30PM (#8622372)
The IRS will go after him for capital gains tax after the sale. The document makes no mention of a provision for him to pay his taxes due from the proceeds of the sale.
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Re:For Sale: 50,000 Bitcoins by leogiertz on Tuesday November 18, 2014 @06:13AM (#8623411)
Wouldn't that be good though? Then he's free to buy property and other things with his "laundered" money if he's cleared from any wrongdoing.

It's not that easy to convert a large amount of bitcoins into money that you can use effectively.

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Re:For Sale: 50,000 Bitcoins by bengali3 on Tuesday November 18, 2014 @07:05PM (#8627266)
IANACPA I believe that's a nice advantage of bitcoin? I would think individuals could fly to the caymans to cash out and avoid tax?
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