imagine someone has some blockchain assets, and they’d rather not tell the tax authorities how they got them (maybe because they’re from crimes, or maybe because the price went up and they don’t want to pay capital gains tax): they could create an NFT and sell it to an “anonymous” buyer who happens to actually be themselves. then, they can report the income. i think it is reasonable to assume that some portion of the NFT economy is this.
i have heard this claim before, but im honestly not sure how it would work.
imagine someone has some blockchain assets, and they’d rather not tell the tax authorities how they got them (maybe because they’re from crimes, or maybe because the price went up and they don’t want to pay capital gains tax): they could create an NFT and sell it to an “anonymous” buyer who happens to actually be themselves. then, they can report the income. i think it is reasonable to assume that some portion of the NFT economy is this.