Tuesday, April 1, 2014

                                                           

                                                 BITCOIN IS PROPERTY,NOT CURRENCY
                                                 IN TAX SYSTEM-US GOVERNMENT.

            Purchasing a $2 cup of coffee with Bitcoins bought with $1 would trigger $1
            in capital gains for the coffee drinker & $2 of gross income for the coffee 
            shop.
    
            source: Bloomberg.
            

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