People have used the digital currency bitcoin to buy everything from coffee to crack cocaine, and now one Saskatoon landlord is accepting the cryptocurrency as rent.
Read more: http://tinyurl.com/pk4e396
Tag Archives: currency
Bitcoin to be taxed in U.S. as property, not currency
Virtual currencies like bitcoin will be taxed in the United States like property — not currency, the Internal Revenue Service said Tuesday.
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Canadian dollar under pressure over rates, economy
The Canadian dollar has had a sharp slide since the beginning of 2014 and most predictions are that it will go lower.
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Canada adds sterling to foreign currency reserves
Canada said on Monday it will start including sterling-denominated assets in its foreign currency reserves to improve liquidity and better prepare the country against potential shocks.
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Bank of Canada rates seen on hold until third-quarter 2015
The Bank of Canada’s next interest-rate move is still expected to be a hike, but forecasters have pushed back their target for a tightening to the third quarter of 2015, a Reuters poll found on Thursday.
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Alberta’s first Bitcoin exchange coming to West Edmonton Mall
EDMONTON – As the world buzzes over the scandalous disappearance of perhaps $375 million US worth of Bitcoins in the closure of the Tokyo-based Mt. Gox exchange, the virtual currency is coming to West Edmonton Mall.
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Even If Your Transaction Is Totally Legal, The Feds Can Still Take Your Bitcoins Away From You
With very few exceptions, cash is cash and it’s yours to keep if you choose.
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The Bitcoin Economy
Bitcoin, the most popular of the digital currencies, continues to mystify many.
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JIM RICKARDS: TARGET GOLD PRICE BETWEEN $7,000 AND $9,000
In this interview, Rickards notes that gold is technically set up for a massive rally; he has a three- to five-year price target of between $7,000 and $9,000 per ounce. This prediction is based on a collapse of confidence in the dollar and other forms of paper currency.
Read more: http://tinyurl.com/mptofm3
JIM ROGERS: MAJOR CRISIS COMING
Investors should take every precaution right now to protect their money from a major market disaster that will destroy the economy and impoverish millions of Americans.
Read more: http://tinyurl.com/msflqm6