say someone asked you to open your wallet and asked you where your funds came from, can you just say that you mined it? since XMR cant be trace afaik
say someone asked you to open your wallet and asked you where your funds came from, can you just say that you mined it? since XMR cant be trace afaik
yes.
fyi, mining cryptocurrency is usually subject to income tax and every year you mined xmr, you should have been paying tax on tye mined crypto.
If you simply bought it, then there would be no taxes until you exchange or sell the XMR.
That depends on the laws of where you are.
that’s correct!
different states and countries often have different laws, which determine their income tax regulations and necessarily all of their other ordinances.
but i guess at the end of the day, you are innocent until proven otherwise, and since monero cant be track the worst case that can happen to you is that government will seize your monero?