Plus, Venezuela becomes dollarized, and more
| Hello Bitcoiner,
Did you miss this week’s top content? |
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| | Are you up to date on your crypto tax obligations? Representatives of the United States Internal Revenue Service have recently addressed several questions, clarifying their definition of “like-kind exchanges” and the tax status of “airdrops”.
Are you up to date on your crypto tax obligations?
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| | Venezuelan Dollarization
The Venezuelan Bolivar has undergone rapid, crippling deflation, forcing citizens to turn to the US Dollar as an alternative medium of exchange. What else are Venezuelans using in place of their native government-issued currency?
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| | Stablecoins, statutes, and transfers
Lawson Baker has what not many cryptocurrency enthusiasts can boast: a law degree. And it shows in this episode of our Humans of Bitcoin podcast, as he provides invaluable perspectives on smart contracts, tokens, and crypto-narratives.
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| | | Bitcoin buyers turn to Bisq
As more and more cryptocurrency trading services require users’ personal information to comply with anti-money-laundering laws, Bisq remains one of the few options without any “KYC” (“know-your-customer”) requirements. How do they get around the requirements? And what other tools are being used to maintain anonymity?
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| | Oil, gas, electricity, crypto
Did you know many oil rigs also find natural gas? But without the cost-effective infrastructure to transport it where it could be put to use, it’s always gone to waste-until now.
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| | Cryptocurrencies: will that be debit or credit?
Bridging the gap between cryptocurrencies and pre-existing payment infrastructure has been a challenge for the industry. Here’s a run-down of companies giving you the power to pay with a debit card, funded by crypto.
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| | “Mega-Utility Token” incoming!
The Universal Protocol Alliance has issued a base token called the “Universal Protocol Token” on its blockchain platform, which aims to connect separate digital assets under a single network. That token has just launched with a listing on the Bitcoin.com Exchange.
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| | Is money just more data for Google?
The tech behemoth behind the world’s most popular search engine is reportedly going to work with both Stanford Federal Credit Union and Citigroup. But do they intend to enter the banking sector? Or do they just want to collect data about another aspect of their users’ lives?
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