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Adam Bellefontaine | Blog

Cryptocurrency Taxes to Know and Understand

Cryptocurrency Taxes to Know and Understand

The Internal Revenue Service is in the process of completing an officially recognized tax code for cryptocurrencies. However, the uncertainty of filing procedures does not mean the process needs to be difficult. Taxable events are becoming better defined. Exemptions...

Coinbase Commerce: Cryptocurrency’s Retail Solution

Merchants of all sorts have found it difficult to accept pay via cryptocurrency. Making this form of pay convenient is difficult given how new the technology still is. Yet, Coinbase, a digital currency exchange company based in San Francisco, may have found a...
The Key Differences Between Bitcoin and Litecoin Pt. 2

The Key Differences Between Bitcoin and Litecoin Pt. 2

Algorithm Disparities When comparing these two cryptocurrencies, the most fundamental technical difference found is the cryptographic algorithms they use. The most notable differences in these algorithms are their impact on the process of “mining” new coins. BitCoin:...
The Key Differences Between Bitcoin and Litecoin Pt. 1

The Key Differences Between Bitcoin and Litecoin Pt. 1

In 1999, Professor Milton Friedman, a Nobel Prize holder in economics, declared that the internet would be one of the major forces in reducing the role of the government. He went on to say that the one thing that is needed, but will soon be developed is  “..a reliable...
Properly Securing Your Bitcoin Investment

Properly Securing Your Bitcoin Investment

With the constant fluctuation and uncertainty surrounding bitcoin combined with security risks (see the most recent hack claiming almost $70 million), investing in cryptocurrency may seem like a gamble to some. Luck appears to play an important role in whether or not...

The Process of Bitcoin Mining

Bitcoin’s value has officially surpassed $15,000 in recent days, adding to its already impressive ascent this past year alone. Because of this, investors all over the world have begun to tap into this lucrative market, despite the continuous confusion that surrounds...

A Beginner’s Guide to Cryptocurrency

Cryptocurrency has been all the rage over the past few months, as the price of Bitcoin (the most popular and well-known digital currency) has skyrocketed to over $7,000 per coin. This has left many of the sidelines wondering if they are missing out. Bitcoin was...
3 Ways Entrepreneurs Can Utilize Cryptocurrency

3 Ways Entrepreneurs Can Utilize Cryptocurrency

While starting a business from the ground up is in no way an easy task, the technological advancements that have come to fruition today have given entrepreneurs a range of tools to utilize, making the process a little less daunting. Because of this, new outlets for...
Cryptocurrency: The Pros and Cons

Cryptocurrency: The Pros and Cons

Though the word alone can drum up a bit of confusion, cryptocurrency has quickly become a debated topic throughout the public. From Bitcoin, to Dash, to Litecoin, there are a surprisingly large number of providers throughout the web. First, it’s best to define...