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Digital Currency

How To Identify Bitcoin Scamming

Cybercriminals don’t take any breaks and now that Bitcoins are so popular, the perpetrators of Bitcoin scams are getting more and more creative.

2017 promises to be the best year ever for Bitcoin, after the cryptocurrency set some major milestones in 2016. The uncertainties surrounding its future keeps some users awake at night, but there are other perils that people should be aware of. Bitcoin scams are not exactly a novelty, but the cyber criminals are more motivated today when the crypto’s price hit new highs. Their creativity knows no boundaries and they come up with increasingly bold ways of stealing the coveted currency.

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4 Reasons Why People Would Favor Bitcoin Over Cash

Some people don’t see the point in using bitcoin, especially not when cash is readily available. While it is true cash transactions allow consumers to remain somewhat anonymous, it isn’t a perfect financial tool by any means There are quite a few reasons why people would use bitcoin rather than cash, although some of these “practices” may be considered controversial.

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Top 3 Bitcoin Taxation Calculation Tools

The bitcoin taxation season is almost upon us, which highlights a very important problem. Most people are unaware of how they should incorporate bitcoin into their tax assessment. Thankfully, there are quite a few tools available which will help users take care of these problems with relative ease. It is important to keep in mind very few countries require bitcoin users to take cryptocurrency earnings into account right now.

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