IRS sends warning letters to 10,000 cryptocurrency holders

Believe exactly what you like.

The fact remains, however, that the IRS won’t be subpoenaing any company based in a country where there isn’t a corresponding treaty to support such. Would you prefer Antigua? China was a mere example; their process for starting an account is obnoxious, mind you…

Here’s an Antiguan Bitcoin vendor, in fact.

Before you try to pooh-pooh Antigua, by the by, you should do a little research into where “offshore bank accounts” are kept, and why =).

Edit -> I should have pointed out the fact that the very same reasons that make a given country a good offshore tax haven are exactly the same reasons they make a good place to exchange Bitcoin, or for that matter any other currency.