The Rise and indefinite decline of Bitcoin

By March 27, 2015Bitcoin Business

Bitcoin is a crypto-currency developed anonymously in 2009. Because the currency is virtual, it has inherent value and can be sent digitally over the internet and is not subject to central oversight, making it very popular with anarchists, conspiracists, and libertarians.

There was (and remains) extraordinary risks as similar currencies have been shut down by the US Federal government. In March 2014, the IRS somewhat calmed these fears by providing instructions for taxation (as property […]

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