The good news is, you don’t need to pay any income tax till the year 2020. The bad news is that it’s totally anonymous and if anyone knows who you are (and how much money you’re making) they could go after your life savings.
10/6/2015 1:28pm What should I do with all my Bitcoin? 10 bitcoin IS NOTHING! You should try investing in something more tangible like houses or zillow listings… But maybe keep enough for a rainy day so when someone tries to buy lunch with their bitcoin wallet.. You aren’t left out because of the 20BTC maximum daily amount…. 10 BTCLIFE baby!!!
8/31/2015 11:54am how many bitcoins can i have? Unlike cash, cryptocurrency currencies cannot be exchanged without verifying users’ identities. So far, two companies allow buyers to safely verify their identity through thumbprints, including Virgil Capital Funds Management Co., one of China’s largest initial coin offering services that has raised $17 million throughout its latest fund-raising round. Another company, Bitnation Blockchain Solutions Ltd., makes contracts on the blockchain possible by allowing people to use “smart contracts” — self-executing digital agreements accepted by computers — between themselves up to certain limits without entering personal details again. It’s already operating in 10 countries including Estonia and Switzerland under different names. This concept would improve security because it would prevent data stored on personal wallets from being exposed,