Bitcoin

I'll probably put this in one of the Bitcoin threads also...

 

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We sell BTC at our store. We have made serious money selling it.

 

I've never seen a coinstar with it. There is an ATM at one of the local gas stations that has a bitcoin ATM. No idea what the costs are but it is an interesting concept.

 

My prediction? Once too many people start using Bitcoin as cash in the US the Fed and Comptroller of the Currency is going to smash it HARD. The US government simply cannot and will not lose control of the currency used in the US.

Remember, already if you one ANY such currency you must declare it on PAGE 1 of you 1040. They are already telegraphing their moves.

 

I have no dog in this hunt, but I dont think that is entirely true. See question number 5:

https://www.irs.gov/individuals/int...ed-questions-on-virtual-currency-transactions

 

Could it be?

https://beincrypto.com/john-mcafee-creator-of-bitcoin-tiktok-makes-wild-claim/

 

That report definitely lives up to the rigorous depth and accuracy I've come to expect from... TikTok.

 

I might give John a call this afternoon just to get some clarification - apparently he's still alive