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The Energy Demands of Bitcoin Mining: A Closer Look The Satoshi: Bitcoin’s Smallest Unit Honors Creator’s Alias Understanding SegWit: Bitcoin’s Scalability and Fee Solution Understanding Hardware Wallets: Secure Offline Bitcoin Storage Bitcoin’s Final Halving Expected Around Year 2140: Explained

Taxing Every Bitcoin Purchase Will Backfire for the IRS

Altcoin Today
Taxing Every bitcoin Purchase Will Backfire for the IRS

Taxing Every bitcoin Purchase Will Backfire for the IRS bitcoin has a remarkable way of teaching people very rapidly about the law of unintended consequences. A great example is when the Chinese government began inspecting regulated exchanges in February 2017. Believing that the exchanges might get shut down (they eventually did), buyers flocked to Localbitcoins,…

The post Taxing Every Bitcoin Purchase Will Backfire for the IRS appeared first on Altcoin Today.

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