All of which is to say that doing anything legally with bitcoins — and especially converting them into fiat currencies — is going to get harder and more expensive as governments involve themselves. So hard and so expensive, I’d argue, that any advantages the crypto-currency may have over normal means of exchange, like credit cards, will soon disappear.

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Jordan Tuwiner
Jordan Tuwiner
Crypto Writer

Jordan is a Bitcoin proponent, hoarder, and the founder of Buy Bitcoin Worldwide. He's excited to see benefits sound money will bring to society. Read More

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