What happens if you don't pay the casino?
I was wondering about the consequences if someone decides not to pay the casino after losing money. What are the possible outcomes in such a situation?
What happens if you don't pay taxes on crypto?
So, I'm curious, what exactly happens if someone decides not to pay taxes on their cryptocurrency transactions? I understand that cryptocurrencies like Bitcoin and Ethereum are considered assets and any gains or profits made from them are subject to taxation. But what kind of consequences could a person face if they choose to ignore these tax obligations? Are there penalties or fines involved? And how does the government typically go about enforcing these tax laws when it comes to cryptocurrencies? I'd love to hear more about the potential ramifications of not paying taxes on crypto.