It is my view that treating Bitcoin like a financial asset is the most helpful approach. That would allow Bitcoin to find its best use cases while having to operate under the same legal and regulatory regimes that the rest of the financial world operates under already. We need good financial innovation that serves the public, not regulatory arbitrage which enriches the financial sector. Bitcoin is not a currency, it is a protocol, and the sooner it realizes that the sooner we can see the innovation we all hope for. Those who confuse it with a currency are consigning their population to a financial catastrophe which will take us back to the Great Depression, while ironically blocking the technological advances it promises.winterspeak.com
IRS says Bitcoin us not a currency
winterspeak
1 comment:
He makes the coins himself. They contain some kind of code or something that certifies they are genuine physical digital bitcoins.cex
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