Bitcoin price is 3 times the value of gold. The IRS just lost in court. It is now federally recognized as a currency and not a commodity.
If the transaction between 2 parties is less than $20000 us currency equivalency it does not need to be reported for taxation.
It is reported this market will grow to 5 trillion in the next 4 years. It is currently at around 200 billion in market cap. It is gaining most rapidly in online purchases and also majorly clear as to why brick and mortar is now being replaced by click and order.
When a merchant receives cryptocurrency in its wallet it is paid at that moment no need to wait for bank processing and returns or fraud, fees etc.
This industry will change the health insurance, life insurance, banking industry and all other governmental regulated industries making it easier for people to do business on a global basis.
This will become the biggest redistribution of wealth that has ever happened.
This will be known as the greatest disruption in business in the history of the world. The opportunity to get in before the masses is right now, all you need to do is seek guidance and education
That's some good news right there. Thanks for posting. I would like to see that $20,000 raise in the future and maybe more big purchases with crypto such as real estate. Things are looking good.
I feel the same way...what more surprises does the near future hold.
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