However, if there are particular factors that distinguish one virtual currency as like - kind to another virtual currency for section 1031 purposes, the IRS should clarify these details (e.g., allowing the treatment of virtual currency held for investment or business as like - kind to another virtual currency) in the form of published guidance. (money.stackexchange.com)
I began investing in Bitcoin in 2011, as I believed that Virtual Currency held significant promise. (ethnews.com)
First, a donor giving virtual currency held short term (ie: less than one year) as a capital asset will be able to deduct the lesser of cost basis or fair market value up to 50 % of adjusted gross income. (pgdc.com)