australia

Is Bitcoin a Tool for Crime?

Bitcoin is a form of cryptocurrency that provides its users with not only convenient and speedy transactions but also provides something almost all other forms of currency can not provide and that is anonymity. Which along with its use of blockchain technology is what makes the Bitcoin so popular. [...]

By | 2017-12-19T22:08:38+00:00 October 28th, 2017|Tags: , , , |

The Upcoming BTC Rollercoaster

It appears Bitcoin may go through a "roller coaster" phase with high volatility likely coming up. This is due to several factors, but one of the main factors are the hard forks coming up with Bitcoin Gold and Segwit2x taking center stage. In addition to this many countries have [...]

By | 2017-12-19T22:08:38+00:00 October 26th, 2017|Tags: , , , , , , , , |

Australia Kills Crypto’s Double Tax

Back in December 2014, Australian law stated Bitcoin is an "intangible property" and thus was taxed twice, once by goods and services tax and also taxed due to the digital currency being used in an transaction. So essentially those who traded or invested in Bitcoins were taxed twice. Despite [...]

By | 2017-12-19T22:08:38+00:00 October 24th, 2017|Tags: , , , , |
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