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July 26, 2016 04:54 am GMT
Ever since it moved into the mainstream Bitcoin has had a bit of an identity crisis. Mainly because no one is really sure whether it should be considered money or property. The IRS says it’s property for tax purposes, the Commodity Futures Trading Commission says it’s a commodity, and most Bitcoin advocateslike to say it’s the world’s most advanced currency.… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zJ_G4bGqFAQ/
A Florida judge has ruled that Bitcoin isnt money
Ever since it moved into the mainstream Bitcoin has had a bit of an identity crisis. Mainly because no one is really sure whether it should be considered money or property. The IRS says it’s property for tax purposes, the Commodity Futures Trading Commission says it’s a commodity, and most Bitcoin advocateslike to say it’s the world’s most advanced currency.… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/zJ_G4bGqFAQ/
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