Im making lots of money on Crypto and will never ever pay one cent tax on any of it, and I may not even have to break any laws.
All I have done so far is making a lot of money vanish where nobody can ever find out whose it is or how it got there.
Money laundering is so easy im surprised more people do not do it.
Long live Crypto!
Down with the Government of Canada!
From My Bank -> Exchange -> Bitcoin ->
The exchange has a record that you bought BTC. What will prevent the tax man from creating a retroactive rule that makes it criminal not to account for the "investment"?
It is already a US crime to evade reporting of a foreign financial account every year. I don't know how easy it is for them to catch someone at it.