News about Bitcoin

More / Bitcoin Reddit - 3 years ago

Bitcoin's incredible wealth distribution

My reasons for being in bitcoin differ from the inflation hedge talking points. Bitcoin would be necessary even if inflation was averaging 1% annually. I see bitcoin as the first liquid, efficient, and impairment-resistant store of value in our...

More / Bitcoin Reddit - 3 years ago

Bitcoin as Foreign Currency for Tax Purposes

Tax season is upon us, and official as of September 2021, Bitcoin is technically a foreign currency (thanks to El Salvador). I spent some Bitcoin last year, and I want to know if I can claim any tax benefits by labeling my bitcoin transactions as one...

by COINS NEWS - 3 years ago

Today, 13 years ago, the first Bitcoin block was mined

It is the Genesis block and it is at that moment exactly when the Bitcoin network begins to work. Today, January 3, 2022, it is exactly thirteen years from that moment and, although this fact still goes unnoticed by many, a greater number of people a...