• bitcoin taxes

    Everything From Bitcoin to Bitcoin Tax You Need To Know

    Bitcoin is popularly known as one of the earliest cryptocurrencies that constituted the worldwide peer to peer payment system that is known today. Bitcoin is a digital asset that can be used as a medium of exchange, and all transactions are secured and carried out by fulfilling specific cryptographic conditions. Therefore, they are considered more secure in comparison to traditional FIAT currencies. Bitcoin is developed on a decentralized system called Blockchain. Blockchain is a system that is self-regulating and, therefore, there is no requirement for a central monitoring system. The fact that this system is decentralized reduces its probability of failure as there is no single point of control. A…