[2017-07-17] themerkle.com| Bitcoin Is Forcing The IRS And Central Banks’ Hands

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Bitcoin Is Forcing The IRS And Central Banks’ Hands

As Bitcoin becomes increasingly prominent within the global economy, there is a rising concern as to how it will be taxed. Other digital forms of currency, like credit cards and EMV card technology have made transactions more convenient, but they are still tethered to the old banking formats, which require personal information to create accounts. ...

http://themerkle.com/bitcoin-is-forcing-the-irs-and-central-banks-hands/

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[Gahs]

Let's be realistic, how long can bitcoin force the hands of central banks once it becomes prominent? The hawks will descend on it and make it mandatory for all cryptocurrency users to verify their identity.