Bitcoin Forum

Bitcoin => Press => Topic started by: roslinpl on June 01, 2014, 10:37:13 PM



Title: [2014-06-01] Bitcoin's Futile Quest to Be a Currency
Post by: roslinpl on June 01, 2014, 10:37:13 PM
An article by Lawrence Parks @WSJ.

A link. (http://online.wsj.com/articles/lawrence-parks-bitcoins-futile-quest-to-be-a-currency-1401661605)

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The IRS treats bitcoins as property, and any transaction using them triggers a taxable event.

If you have a few minutes to read it it is quite interesting article which focus itself on a bitcoin govs regulations.

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Mr. Parks is the executive director of the Foundation for the Advancement of Monetary Education.