Is Bitcoin Taxable? How Most Countries Treat It
bitcoin is usually taxable. Most countries treat it as property or an asset, not currency, so capital gains, income, and sometimes VAT or sales tax can apply.
Can Bitcoin Be Hacked? Network Safe, Users at Risk
bitcoin’s blockchain resists direct hacking, but users and services remain vulnerable-exchanges, wallets, and human error expose funds through phishing, software bugs, and private key theft.
Why Bitcoin Is Called ‘Digital Gold’: Scarcity & Value
bitcoin is dubbed ‘digital gold’ because its fixed 21 million supply, predictable issuance and decentralized validation create scarcity and store-of-value properties similar to gold, attracting long-term investors.
Bitcoin Risks: Volatility, Regulation, Tech, Access Loss
bitcoin carries risks: extreme price volatility, uncertain and changing regulation, technical vulnerabilities and operational failures, and permanent loss of access to private keys or wallets.
Bitcoin Is Irretrievable If Keys Are Lost or Sent Wrong
bitcoin is irretrievable if private keys are lost or funds are sent to the wrong address. Transactions are final on the blockchain – no central authority can reverse mistakes or recover lost keys.
