Tuesday, April 1, 2014

IRS deals another blow to Bitcoin!

After Bitcoin faced the issues and turmoil surrounding Mt. Gox and the inability of owners to withdraw their money, now the IRS has issued a ruling that Bitcoin is not currency but is property.

Will this be the end for this cyber-currency for use in real estate transactions (and many other transactions as well) or just another bump in the road? 

Read more in this article at HAS here.


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