bitcoin taxation: Bitcoin, Blockchain, and the Revolution to Come
- 05/02/18 06:15 PM
We are in the midst of a revolution-a digital transformation driven by what many believe could be the most powerful decentralizing force since the rise of the Internet: Blockchain. It is difficult to overstate the potential impact of this technology and its applications. Much as the double-entry system of accounting-first codified by Luca Pacioli, the “father of accounting”-laid the groundwork for the rise of capitalism and, it has been argued, even modern nation-states, blockchain carries the capacity to create a “World Wide Ledger” that could record the exchange and providence of virtually everything of value. It promises to allow far-flung parties (27 comments)