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Tuesday, 1 April 2014

IRS deals another blow to Bitcoin...from TPC/HAS


After Bitcoin faced the issues and turmoil surrounding Mt. Gox and the inability of owners to withdraw their money, now the IRS has issued a ruling that Bitcoin is not currency but is property.

Will this be the end for this cyber-currency for use in real estate transactions (and many other transactions as well) or just another bump in the road? 


Read more in the article at HAS here.

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