Post
Topic
Board Economics
Re: Keeping Track of Pool Payouts
by
zzojar
on 26/03/2014, 23:44:41 UTC
For those that haven't seen the recent IRS announcement:

http://www.bloomberg.com/news/2014-03-25/bitcoin-is-property-not-currency-in-tax-system-irs-says.html

This is really shitty news for those of us in the U.S. And for Bitcoin in general.

Maybe, but good news for litecoin and dogecoin. Since treating btc like property rather than currency (like the IRS is pushing ... and of course the international bankers are behind this), then it will only promote the increased use of litecoin to act as the "currency".