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Bitcoin is not a currency, Bitcoin is a people's movement

Tag: Tel Aviv

The IRS has opened the door for Israel to become the epicenter of Bitcoin and Virtual Currency Innovation

March 30, 2014.Reading time 2 minutes.

By Michael Eisenberg This week, the US Internal Revenue Service (IRS) handed Israel a golden opportunity on a silver platter. Or, shall I say, a virtual gold opportunity. By deciding to tax Bitcoin as an asset, like gold, the US Government effectively doomed Bitcoin as a currency. As Robinson Meyer correctly writes in The Atlantic, […]

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