This guidance paper provides an overview of the tax treatment for transactions associated with crypto-currencies, specifically bitcoin. Where other crypto-currencies have the same characteristics as bitcoin, the information in this guidance paper applies equally to the taxation treatment for other crypto-currencies. For all the details, head over to the Australian Tax Office.
http://www.theage.com.au/business/markets/jpmorgans-jamie-dimon-says-bitcoin-is-a-fraud-20170912-gyg7de.html This is the banks running scared. They’ve been spreading Fear, Uncertainty & Doubt (FUD) since Bitcoin was established. It’s only natural to try and scare people away from something new and out of their control. Reminds me of Howard’s last attempt at winning… fear change. What the article fails to mention, among many other […]
Watch the video below for a basic over view of Bitcoin. Currently we think in terms of Dollars, Pounds, Euros, Yuan, Yen, etc. to pay for the things we need and want in life. Give it a few years, you’ll be able to use Bitcoin and Satoshis to do the same things. So what is […]