bear_ledger

The problem is that the financial advisers in many of the third world nations are ignorant about the technology behind Bitcoin. So they look at the legal status of Bitcoin in the developed nations. For example, in…

I think that the best option would be to classify it as a gift, and pay regular income tax on that amount. I am saying this because Bitcoin is not recognized as a currency in most of the world nations, and therefore you…

I am not sure about the logistics. Is it that easy to move thousands of mining rigs from one country to another, and then assemble them again, and then to re-start the mining farm? Anyway... to which country are they…

This is a very good news not just for the Emiratis, but also for the other nationals such as the Indians and the Pakistanis. A lot of the unaccounted money in South Asian nations end up in the United Arab Emirates. If…

If you own a million or two in crypto, then converting them to fiat without attracting the attention of the authorities will be a very tough task. But if you only want to convert a few grands every year, then I don't…