Tag: Forbes

BitcoinPeople Morning Digest #6

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South Korea gets its first two way Bitcoin ATM. Bitcoin integration with PayPal gets closer with a new eBay patent application. The Millennials buying Bitcoin at SXSW. Jimmy Wales proposes Bitcoin donations to the board of Wikipedia (and the preferred social network for the Bitcoin community is Reddit). Bitcoin is the currency for anarchists and […]

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What if Bitcoin is a currency for tax purposes, the same as, say a euro?

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The IRS says it is studying the matter but has yet to issue any guidance. Until it does, it is anyone’s guess how Bitcoin should be taxed. Most users/investors will simply pick what is most beneficial to them when they file their 2013 returns. At the moment, Bitcoin and its cousin currencies have had far […]

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