In some countries, for example, in Japan, cryptocurrency is recognized as a financial asset. At the same time, electronic money is not considered legal tender, but is considered as a means of exchange.
Coinmarketcap analytical service is very popular among cryptocurrency investors all over the world. This is evidenced by the dynamics of growth in attendance of this resource. In the near future, Ripple may well take precedence in matters of international transfers, and the investment attractiveness of cryptocurrency is constantly growing.
And as part of the verification, theoretically, the tax authorities may ask to show the contents of the wallets in order to ascertain whether the amount of income received is under-estimated. In practice, we are not aware of such monitoring cases.
The size of the minimum rate must be chosen equal to no more than 1/2000 of your bank. Why 1/2000? Because you will have a margin of 9 losses of the generated number in your chosen range and balance balance for the 10th rate, after which about half of the balance remains.
Yes solutions based on blockchain guarantee the confidence of the parties: its members can not make changes to the base and can not violate the conditional protocol. It is believed that this provides a very high level of trust in the contract.