How many Bitcoin are lost forever?
I'm quite curious about the mysterious world of cryptocurrencies, and I've always had a question that's been bugging me. With all the talk about Bitcoin and its value skyrocketing in recent years, I've often wondered: how many Bitcoins are lost forever? Are there any estimates or studies that have been conducted on this matter? I understand that cryptocurrencies are designed to be decentralized and anonymous, but surely there must be some way to track at least a ballpark figure of the coins that have been lost due to various reasons, such as forgotten passwords, lost wallets, or even hacked accounts. Could you please shed some light on this intriguing topic for me?
What Bitcoin app works in Australia?
I'm looking for a Bitcoin app that works in Australia. I've heard about some apps that allow users to buy, sell, and trade cryptocurrencies, but I'm not sure which one is the best for me. I'm considering factors like user-friendliness, security, and fees. Can you recommend any apps that are popular and trusted in Australia? Also, are there any specific features or functionalities that I should look for in a Bitcoin app?
What if you invested in Bitcoin 5 years ago?
If you had invested in Bitcoin five years ago, what would your experience have been like? Would you have been one of the lucky few who cashed out at the peak, or would you still be holding on to your coins, hoping for a rebound? Would the thought of missing out on such a lucrative opportunity ever have crossed your mind? Or did you perhaps have a feeling that Bitcoin was destined to take off, and you simply didn't have the courage to take the plunge? As a professional practitioner in the field of cryptocurrency and finance, I'm curious to hear your thoughts on this.
Do dealerships accept Bitcoin?
Excuse me, I'm quite interested in the car you have on display. It's exactly what I'm looking for. However, I have a question about payment options. Do you accept Bitcoin as a form of payment? I understand that Bitcoin is a relatively new and volatile form of currency, but I was wondering if you have any policies or procedures in place to accommodate such transactions. I appreciate your time and look forward to hearing from you.
Does the US tax Bitcoin?
Excuse me, I'm a bit confused about the taxation of Bitcoin in the United States. As a cryptocurrency investor, I'm wondering if the United States government taxes Bitcoin transactions or holdings. Could you please clarify this matter for me? I've heard different opinions and it's quite puzzling. Is there a specific tax code or regulation that governs the taxation of Bitcoin in the US? Thank you for your help.