Bretton Woods on Digital Currencies

Mt._Washington_Hotel-Bretton-Woods

The government and the financial industry have spent several years discussing and researching cryptocurrencies. At the 2016 Bretton Woods Conference many government and industry leaders gathered at the Mount Washington Hotel in New Hampshire for a workshop to create guiding principles for consumer protection around bitcoin and blockchain.  How does Bitcoin and other cryptocurrencies fit … Read more

IRS vs Coinbase

IRS v Coinbase

Back in 2017 the IRS sued Coinbase. Why? The IRS believed many people with cryptocurrency gains weren’t filing their tax returns. I think they were right. For the 2015 tax year, the IRS said only 802 tax returns were filed showing bitcoin gains. I’m sure there were many more that should have filed, but not … Read more

How Blockchain Could End Identity Theft

Illinois-Blockchain-Initiative

Original article by Frederic Kerrest    We lack control of our personal identities, and that’s a problem. Birthdates and home addresses have long been accessible through a quick Google search, but now a trip to the dark web will turn up the information many of us still hold precious: Social Security numbers, bank accounts, health insurance details, … Read more