I was reading an article today..
http://www.forbes.com/sites/erikamorphy/2014/05/29/is-it-really-worth-your-while-to-use-bitcoin-to-pay-your-dish-bill/ ..which stated.
In short, if and when consumers start using bitcoins for their everyday transactions on a widespread basis, they will find their paperwork burden increasing if they want to stay in compliance with tax laws. That, it turn, could temper their appetite for its use
.
But surely there must be a simple and cheap way to deal with this?. Bitcoin, with everything timestamped seem to me to be very accounting friendly.
Is there much happening in this space?
