Brito also echoed others in saying there is for now little tax guidance on
how bitcoin owners should deal with situations like Bitcoin Cash.
Not exact matches
Until
Bitcoin came along, computer scientists working on digital cash were bedeviled by the double - spending problem:
how to ensure that the
owner of a digital coin didn't defraud the system by spending it twice.
Though the verdict is still out on
how well unorthodox payment choices, like
bitcoin or barter, can benefit a company, some small business
owners are experimenting with nontraditional offerings to build a customer base and forge relationships with vendors.
Any
Bitcoin owner, an early adopter or a newcomer, should know
how to keep their earnings safe.
Douglas Boneparth, boss and
owner of Bone Fide Wealth, pronounced he worries the speak about
bitcoin IRAs will make people overreach
how «normal» it is to invest in cryptocurrencies.
How can you be sure the pool
owner doesn't steal all your
bitcoins?
Bitcoin vs.
Bitcoin Cash: Here's
how the BTC split into BCH will affect the
Bitcoin price for current
owners and those looking to invest in
Bitcoin Cash futures.
Some
bitcoin cash
owners might not yet know
how to sell their holdings, Morgan continued, or haven't been able to because the slow block times have led to transaction backlogs.
Unlike
bitcoin, no one can know
how much zcash is in someone's account except for the
owner.
«The security risk for any cryptocurrency is with the
Bitcoin wallet and
how secure the
owner keeps it and any systems they use to make transactions,» said Joseph Carson, chief security scientist at Thycotic, an information - security firm based in Washington, D.C. «When using cryptocurrencies, you need to make sure you take extra security to protect your wallet, keep it secret, add multifactor authentication and use encryption.»
The Wall Street strategist and co-founder of Fundstrat Global Advisors Thomas Lee has created a» contrarian index» that lets investors know
how» miserable»
Bitcoin (BTC)
owners are based on current prices, reports CNBC.
How much
Bitcoin have been lost due to forgotten passwords, accidental loss of
Bitcoin wallets, and death of the
owners?