Post-state
Capitalism doesn’t die if it doesn’t keep growing. Why do people insist that?? However, countries die when their governments play accounting shenanigans with their monetary system to cover up capital… Continue Reading
Monthly Archives: April 2014
Cryptsy Going Gox
I have reluctantly been using Cryptsy for trading coins since last November. Last month I was spooked off it after some whispers of internal problems and potential insolvency a la… Continue Reading
The Winklevoss ETF Could Be Interesting
The notorious twins’ new fund ((http://www.investopedia.com/articles/investing/041114/why-winklevoss-twins-new-bitcoin-etf-matters.asp)) is slated for approval from the Securities and Exchange Commission by the end of 2014, and it’s something to keep an eye on regardless… Continue Reading
cryptocurrency, economics, tax
From Bartering to Bitcoin – The IRS Virtual Currency Guidance leads us further down the rabbit hole
The IRS ruling ((http://www.irs.gov/uac/Newsroom/IRS-Virtual-Currency-Guidance)) treating bitcoin as property and essentially viewing its use as barter touches on the underlying reality of what government, in its current form, hopes to accomplish…. Continue Reading