Do You Need to Pay Taxes on Bitcoin Earnings?

Monday, January 29, 2018 19:42

Some may believe bitcoin is an anonymous tax haven. However, that’s not really true: most countries consider bitcoin a taxable asset. That means that yes, you need to pay taxes on bitcoin earnings. Laws vary widely around the world. However, many tax authorities have similar laws to the IRS. The Read More…

Bitcoin Versus Gold

Sunday, January 28, 2018 23:33

Bitcoin has been called “gold for millennials.” According to one study, 2 out of 3 millennials would prefer investing in bitcoin over gold. Of course, bitcoin isn’t just for millennials anymore. People of all ages and generations are buying bitcoin. On the one hand, you have a proven store of Read More…

Bitcoin Versus Ethereum

Sunday, January 28, 2018 23:28

Bitcoin and Ethereum are the two largest cryptocurrencies in the world today. As of January 2018, bitcoin (BTC) has a market cap of around $200 billion USD, while Ethereum has a market cap of around $100 billion. Bitcoin was released in 2009. It was the world’s first cryptocurrency. Bitcoin introduced Read More…

Bitcoin IRA

Monday, January 15, 2018 3:57

Investing your IRA in bitcoin is very appealing.  Bitcoin returned over 1,000% in 2017, the likes of which are unprecedented for a stock market index like the S&P 500, or a portfolio of stocks and bonds.  People who are trying to make more money are moving into virtual currency every Read More…

Millennials are Choosing Bitcoin Over Gold

Saturday, November 18, 2017 18:49

Bitcoin has often been called “gold for millennials”. A growing number of young adults are choosing to invest in alternative commodities like Bitcoin instead of traditional options like gold. According to Forbes, more than 1 in 4 millennials prefer Bitcoin to stocks. In a poll, 27% of millennials said they Read More…