US bitcoin traders, a heads up - the IRS now has software to track userssteemCreated with Sketch.

in cryptocurrency •  7 years ago 

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IRS can track bitcoin transaction from now.
Internal Revenue Service, has purchased special software to track those using bitcoin.
The contractor in this case is Chainalysis, a startup offering its “Reactor” tool to visualize, track, and analyze bitcoin transactions.

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This is pretty much why Dash and Monero have had a recent spike in price. It would be a good idea to invest some in those two coins.

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i think the country will move to a VAT Tax like Europe -- like a consumption tax since so many cryptos will be hard to tax.

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