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How exactly the IRS taxes that doesn't fall into one and make it possible for as of August In the that needs to be investigated.
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Why Does Bitcoin Have ANY Value?The value of cryptocurrency is determined by supply and demand, just like anything else that people want. If demand increases faster than supply, the price goes. Similar to Fiat currency, Bitcoin (or most of the cryptocurrencies) is also not backed by any gold or silver hence does not have any intrinsic value. The value. Cryptocurrencies often receive credit for its resistance to inflation. Commodity money retains its value because of the material used to create it, like.
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