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Bitcoins: Now Accepted in Las Vegas Hotels and eBay (UK) Announces Sales...
First of all a quick recap about Bitcoins: Simply put, bitcoin is a decentralised digital currency. In other words there are no banks, no borders and, the acquisition of the ‘currency’ is done online....
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Bitcoin is not currency
This week (25 March) the IRS, the United States’ Inland Revenue Service, issued a statement saying that virtual currencies, such as Bitcoin, will be treated as property for U.S. federal tax purposes....
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