02 Apr '13, 7pm

Yes, You Have To Pay Taxes On You Bitcoin Profits by @mandiwoodruff

Opponents of that conclusion will argue that Bitcoins aren't recognized anywhere as legal currency but online. No federal government backs them and anyone who owns them isn't protected if the coins are "lost" or stolen. And if the U.S. government doesn't recognize Bitcoins as legal tender, should Bitcoin miners have to report their stash on their taxes?

Full article: http://www.businessinsider.com/do-you-have-to-pay-taxes-o...

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