But despite Tuesday's ban, the company's CEO Jack Dorsey suggested earlier this week that bitcoin would be
the leading currency within 10 years.
Remember when Jack Dorsey, CEO of mobile payment giant Square, said that Bitcoin would become the world's
leading currency within 10 years: «The world ultimately will have a single currency, the Internet will have a single currency.
Not exact matches
South Korea will also develop ways to tax virtual
currencies,
led by the finance ministry, and should announce measures
within the first half of the year to develop the blockchain industry, Hong said.
That weakening, however,
led Geithner to reverse himself
within minutes by underscoring that the U.S. dollar would remain the world's reserve
currency for the foreseeable future.
This may
lead virtual
currencies to be considered reliable enough to be used as collateral
within capital markets.
Attendees heard from developers and figureheads
within the digital
currency ecosystem like Bitcoin XT
lead developer Tom Harding, Nchain's Dr. Craig Wright, Bitcoin ABC
lead developer Amaury Séchet, the Yours.org network's Ryan X Charles, Openbazaar developer Chris Pacia, SBI Bits executive Jerry Chan, and Bitcoin Unlimited's Andrew Stone and Dr. Peter Rizun among many more special guests.
You may hear rumors
within the cryptocurrency community that
lead you to believe you can take advantage of tax loopholes to avoid paying taxes on your digital
currency exchanges.
Jaxx is the world's
leading multi-asset digital wallet that stores both Bitcoins and altcoins, and also exchange between different
currencies from
within the wallet (via the ShapeShift exchange).
On a positive note, Jack Dorsey, the CEO of Twitter Inc said he expects Bitcoin to become a
leading currency of the internet
within just 10 years.
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