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Finland [181] Rather than a currency or a security, a bitcoin transaction is considered a private contract equivalent to a contract for difference for tax purposes. Purchases of goods with bitcoin or conversion of bitcoin into legal currency "realizes" the value and any increase in price will be taxable; however, losses are not tax-deductible.
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Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. [5] Use of bitcoin as a currency began in 2009, [6] with the release of its open-source implementation. [7]: ch. 1 In 2021, El Salvador adopted it as legal tender ...
One of the world's top three finance journals, Review of Financial Studies, devoted its May 2019 issue to the field of Fintech, Blockchain and Cryptocurrencies. One of these studies is the ...
For every pundit saying bitcoin will soon hit $100,000, there's another predicting it will eventually go to... 6 Other Times People Predicted the End of Crypto, and How That Compares to Now Skip ...
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As of June 2018, most ransomware attackers preferred to use currencies other than bitcoin, with 44% of attacks in the first half of 2018 demanding Monero, which is highly private and difficult to trace, compared to 10% for bitcoin and 11% for Ether.
The People's Bank of China reiterated its tough stance on cryptos today, announcing on its website that all crypto-related activities are illegal. The announcement sent Bitcoin tumbling 5.5% at...