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It’s a technology adopted in an uncountable number of functions from how you interact with government, to bank account management to data management. What We Do We provide convenience and accessibility for the growing number of people using Bitcoin, Litecoin, Ethereum, and Bitcoin Cash for everyday transactions. Blockchain Technology is not only about secure money. Money is used for purchases, sales and salaries, and also, it’s an instrument which you hope might be of higher value over the long term. It’s far bigger than you can imagine. We strive to assist our members by….

Fortunately, there may be some relief in sight for those who wish to incorporate crypto currencies into their everyday lives. The IRS treats cryptocurrencies as property for tax purposes. However, as is often the case with our famously complex tax code, there can be unintended consequences. Using bitcoins, bought from someone, to buy goods or services. For tax purposes, a bitcoin is treated as a piece of property, like a diamond.

Debit Card Transactions The protocol for debit card transactions in Bitcoin purchases is almost similar to credit card transactions. Stick with us! Your bitcoins are only safe if you store them in a wallet that is controlled by YOU! Holiday Gift Guide. If you want to learn the best way to buy bitcoins, keep reading!