News about Bitcoin

by COINS NEWS - 2 years ago

Analysts: "For Millennials Bitcoin has replaced gold"

https://en.cryptonomist.ch/2022/01/04/millennials-bitcoin-gold/ Bitcoin is the gold of millennials The professor spoke about this during an interview on CNBC’s Squawk Box programme. Asked about the disappointing performance of gold, he commented: “...

More / Bitcoin Reddit - 2 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 - 2 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...