Property or Currency? The IRS Weighs In On the Bitcoin

It’s been said that nothing’s certain but death and taxes, and while the former may not apply to the Bitcoin, the latter certainly does. The IRS has caught up with the ever-growing virtual currency. And the tax police’s new guidelines only add to the questions about...

Is Digital Currency Real Money?

Banned by governments, implicated in drug market money laundering and welcomed worldwide to buy big and small ticket items, the Bitcoin is paving the way for new ways to by and sell that are far removed from the traditional models of money. But the jury’s still out on...

The Ven: A New Challenge to Mainstream Money?

While the Bitcoin keeps on making headlines with its inroads into traditional money markets, other kinds of digital monies are quietly following in the Bitcoin’s cyberfootsteps, proving that virtually any culture in the world can create its own functional currency...

Can Digital Currencies Stay Free?

Though they’ve been largely ignored by the media, alternative digital currencies such as the Bitcoin have quietly been making inroads into financial realms once controlled by mainstream institutions and the government. With no fees, no central issuing authority and...