Bitcoin can be banned if deemed a tax burden, claims developer

2019-10-11 21:30

Bitcoin was created right after the financial crisis of 2008, conceptualized as an alternative to the existing centralized model which had failed the world several times over the years by keeping power concentrated in the hands of governments.

In order for the ‘difficult to manipulate’ Bitcoin to succeed, it needs to find mainstream adoption, and […]

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Dan Held, co-founder of Interchange, published a summary on Thursday about the perceived fairness of Satoshi Nakamoto’s initial distribution of bitcoins. The director of the institutional-grade cryptocurrency portfolio management service argues that the Bitcoin protocol’s earliest cryptocurrency distribution processes remain the most honest and equitable to date, particularly in comparison with the methods favored by […] The post Bitcoin Distribution Process Was ‘Fairest’ Possible System, Study Claims appeared first on Bitcoin News.

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