Iran’s National Tax Administration states that cryptocurrency miners will be eligible for a repatriation tax exemption, similar to non-oil exports
New research from Gate Trade surveyed more than 1,500 Iranian bitcoiners and gleaned insight into their earnings, obstacles and interest in mining.
The post New Research Offers Insight Into Iranian Bitcoiners appeared first on Bitcoin Magazine.
Cryptocurrency mining is finally an industry in Iran, but there are simply too many caveats.
The post Heavy-Handed Regulations Run Cryptominers Out of Iran appeared first on Bitcoin Magazine.
A 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story ends, though. The high school dropout has since gone on to launch education […]
The post Reformed BTC Maximalist Erik Finman Proves the Value of Unschooling appeared first on Bitcoin News.
Crypto developers in Iran have created a platform for humanitarian donations via digital currencies in light of political interference
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s Kraskom power company reported illegal siphoning of power from municipal […]
The post From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful appeared first on Bitcoin News.
Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. Also Read: Global Crypto War Is Heating up […]
The post How Governments Steal Your Money and Conceal It Through Inflation appeared first on Bitcoin News.
Iran’s government released a new law that does not accept crypto as legal tender or recognize transactions carried out with cryptocurrency
Iranian police seized a truck allegedly carrying 117 cryptocurrency mining machines to the value of $277,000
After nearly two decades of U.S.-led coalition bombs falling on the Middle East, peace in the region still has not been achieved. Now the United States is once again bolstering military forces, this time in Saudi Arabia. Meanwhile, taxpayers in multiple countries are being forced to pay for these ill-fated and unethical campaigns, with little […]
The post Sorry, I Don’t Want to Pay for More Bombs: Bitcoin as a Hedge Against Funding War appeared first on Bitcoin News.