Bitcoin Isn’t Dead But One Day You Will Be

Bitcoin Isn’t Dead But One Day You Will Be

A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit because of this security feature. Even where Bitcoin is legal, most of the laws that apply to other assets also apply to Bitcoin. Tax laws are the area where most people are likely to run into trouble. For tax purposes, bitcoins are usually treated as property rather than currency.


For EU customers, payments are made via SEPA (withdrawals paid in Euros). However, if you want to sell Bitcoin for USD, brokers normally use the SWIFT payment method. Cryptocurrency is still a very young technology.

No individual or organization can control or manipulate the Bitcoin protocol because it is cryptographically secure. This allows the core of Bitcoin to be trusted for being completely neutral, transparent and predictable.

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