Formula for KYC-free Bitcoin
1. Buy Bitcoin on KYC exchange
2. Transfer to self custody
3. Transfer to another address shortly afterward
4. Report on your taxes that you sold the Bitcoin
For the extra spicy ppl in the crowd:
5. If the price went down between 1 & 3, report a loss and take the write off.
If the govt ever comes to you asking about that Bitcoin, you point to your taxes saying that you sold it shortly after you bought it.
If they ask where the money went t, say you paid someone for work they did.
