this post was submitted on 06 Jul 2025
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Monero
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Same, I almost convinced a friend of mine to start settling debts in crypto, but he later decided not to because he had heard that this could be a "taxable event" and wanted to be squarely obedient to the IRS.
I explained how Monero could fix that, but he immediately said no because he had heard about "bad actors" using Monero. He wanted to use algorand. Some people don't want to be saved.