Tag Archives: Bitcoin

5 Things You Need to Know About Bitcoin and Taxes

Many aspects regarding digital assets are still in a gray area in terms of the law, and this gets even more emphasized when we talk about cryptocurrencies. Namely, when it all started, there weren’t many countries in the world that had any kind of law to regulate this new currency. …

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Why Everyone’s Obsessed With Digital Currencies

Cryptocurrency, or digital currency, was developed, released, and launched into the global market by some unknown group of people in 2009. It has been a platform for investing for almost a decade and is now used as a mode of payment at many outlets and retailers. Cryptocurrency has seen a …

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12 Ways Cryptocurrency Is Affecting The Computer Hardware Market

If you want a fast boost, digital money is a sort of decentralized advanced or virtual cash. It is profoundly encoded, so it can’t be followed or followed or put away in your beloved financial organization. You can’t place it in your pocket like a dollar greenback, and most coffeehouses …

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Cryptocurrency Guides: Crypto Investing 101 – Tips for Buying and Selling Cryptocurrency on Exchanges

Cryptocurrencies have been in the news for the past few years, and they have piqued the interest of many investors. It’s not surprising considering the astronomical returns some of these digital assets have provided to early adopters. However, buying and selling cryptocurrency can be a daunting task, especially for beginners. …

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4 Common Accounting Issues Companies Face When Investing In Digital Assets   

Companies have a lot of promise with digital assets, but adding this asset class to the balance sheet can be a challenge, especially if digital asset accounting is still a problem. Because the value of digital assets fluctuates frequently, a company’s financial statements and tax reporting do not always match. …

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The Impact of Blockchain Technology and Cryptocurrency on Developing Countries   

Cryptocurrency and blockchain have the potential to alter our lives in the same way that mobile phones and the internet have. Initially, mobile phones were supposed to be used solely to bridge the physical divide between people by allowing them to converse over thousands of kilometers. However, as technology advanced, …

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How to Make Good Money From Bitcoin Trading?

Bitcoin brings a lot of benefits, and if you know how to manage it well, it can make you super rich. There is an example in history that proves this, and it happened a couple of years ago. The person invested thousands of dollars in bitcoins, but investments fell over …

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How to Properly Store Your Digital Currencies

Cryptocurrencies are becoming an increasingly popular means of payment all around the globe. With the rise of digital, decentralized currencies such as BitCoin and Ethereum, many people are starting to invest in virtual money. In fact, some economists believe that this may be the definite future of money itself. If …

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Should You Buy a New or Used Gpu for Cryptocurrency Mining?

Cryptocurrency mining was once an arms race that drove up demand for graphics processing units (GPUs). Despite the rising demand for GPUs, the crypto mining gold rush came to an end fast as the difficulty of mining popular cryptocurrencies such as Bitcoin grew at the same time. If bitcoin miners …

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Why Is Crypto Mining So Energy-intensive

Crypto critics frequently point to Bitcoin mining’s negative impact on the environment as a major source of concern, so why is mining so energy-intensive? And, first and foremost, what is Bitcoin mining? Simply stated, Bitcoin mining refers to the process of making new Bitcoins. But it’s more than that: Bitcoin …

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