Crypto Payments of $10k or More: A Deep Dive into Form 8300
Cryptocurrency is making the news every single day for a myriad of reasons. I wanted to shed light on one important update that might have gotten lost in the weeds: beginning January 1st, 2024, tax information reporting for cryptocurrency transactions will experience a significant expansion. This new development stems from President Biden’s Infrastructure Investment and […]
Is there a legal strategy for shutting down counterfeit altcoins? (TLDR: sort of.)
When distribution becomes cheaper and easier, so does counterfeiting–and crypto is no exception. Prior to 2019, crypto trading was largely limited to centralized exchanges like Binance, Coinbase, and Kraken. To get a crypto asset listed, a developer would have to go through an oftentimes-rigorous application process. Ultimately, it was up to the exchange to decide […]
Motion to take the “currency” out of cryptocurrency
Blockchain is so much bigger than Bitcoin. Crypto is so much bigger than currency. Yet all the average person knows about crypto is that it’s an alternative form of payment–a poor alternative, the naysayers argue, given its trading price volatility. (Unlike the U.S. dollar…? That statement may not age well ¯\_(ツ)_/¯ ) Crypto’s potential as […]
Blockchain for dummies
Ever try reading the Bitcoin white paper? Feel like a dummy afterward? This post is for you! Blockchain doesn’t have to be confusing or intimidating. You also don’t need to understand technology. To prove it, let’s take this discussion to one of the most low-tech places there is: prison. This prison has gangs—15 of them. […]
Hell yeah there’s a Bitcoin Bubble, and we’re going long anyway
Blockchain technology is about to take dis-intermediation to the next level.
