He'll enjoy filling out the tax collectors papers on it and paying taxes on any gains. Fortunately for me, I sold it for the same price I paid for it. It wouldn't matter anyways, there's no reason for anyone but the two consenting parties to know it ever happened. Can't say the same for bitcon, everyone in the world can see it anywhere and everywhere.
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He'll enjoy filling out the tax collectors papers on it and paying taxes on any gains. Fortunately for me, I sold it for the same price I paid for it. It wouldn't matter anyways, there's no reason for anyone but the two consenting parties to know it ever happened. Can't say the same for bitcon, everyone in the world can see it anywhere and everywhere.