A follow up to my cash question involving Bitcoin.

[SteveSS]

I barely understand Bitcoin but are there any advantages to using Bitcoin and keeping the government out of the business of tracking your withdrawals and deposits as it relates to our cars?

 

[zyzzyx]

No. They changed the rules now and all transactions are reported. No free ride. The gains are now reported
and you are taxed on the capital gains. Wasn't like that in the beginning.

 

[SteveSS]

Thank you for keeping it simple.