It’s hard to miss Bitcoin and other cryptocurrencies in the news lately. Like many investors, you probably sense the potential for high profits. But, where do you start? Let’s take a quick look at what cryptocurrency is and how it’s used. Then,...
Cryptocurrencies’ days of being a speculative investment are slowly drawing to a close. By December 2018, forecasters predict that Bitcoin values will rise by 189 percent, with 2019 snowballing by 317 percent. Less restrained analysts expect values to jump to $100,000...
When the first protocols marched onto the World Wide Web, nobody made a cent from them. Hypertext transfer protocol (also known as HTTP) became an almost ubiquitous part of the internet, yet its potential to attract profits is simply ignored. Internet 2.0 is on the...
The Internal Revenue Code (IRC) is a long way from catching up with cryptocurrency, but the IRS already has some rules in place for Bitcoin taxes. In 2014, the IRS published a notice on virtual currency (Notice 2014-21) stating that virtual currencies such as Bitcoin...
