Heres an article from CNN explaining what I was so pissed off at - TopicsExpress

Heres an article from CNN explaining what I was so pissed off at last week. The IRS has basically killed bitcoin off as a means of purchasing on the internet. The price of Bitcoin has crashed since the IRS declared bitcoin as property and subjected to capital gains tax. Almost a third of its value! Dirty little secret is bitcoins protocol can be programmed to collect taxes at every transaction making the IRS unnecessary. money.cnn/2014/03/31/technology/irs-bitcoin/

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