IRS informs the public on measures to be taken in the case Bitcoin virtual currency. Thus, The Internal Revenue Service has posted on irs.gov website that virtual currency is considered to be a property and is treated as such when it comes to tax. Taxes applies virtual currency as in the case of property taxes […]
Arguments and Explanations Pros and Cons Bitcoin
Economist Paul Krugman does not see with good eyes the rise of Bitcoin: in a post on his blog, Nobel laureate says no more, no less than that “Bitcoin is bad.” He states that a currency exchange must pass two tests to be a good exchange medium and be a reasonable value. Krugman tells how […]