Interesting reading but not too sure about the comments outlined below the article.
I think the pure benefit of BTC is the fact that at the moment, their is minimal regulation. No tax, no nothing. I believe this will change, but when?
I think the ATO will want to benefit from BTC but finding out the best way to regulate it's usage and exert captial gains tax on profits gained from the currency is difficult.
MEJ Price at posting:
4.9¢ Sentiment: None Disclosure: Not Held
