The US Treasury Department says that the government borrowed a record $488 billion in the January-March quarter of 2018, exceeded the old record of $483 billion set in the first quarter of 2010, a period when the country was struggling to pull out of a deep recession. TLDR: Buy Bitcoin.

The US Treasury Department says that the government borrowed a record $  488 billion in the January-March quarter of 2018, exceeded the old record of $  483 billion set in the first quarter of 2010, a period when the country was struggling to pull out of a deep recession. TLDR: Buy Bitcoin. submitted by /u/SpencerLovesErin
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Bitcoin – The Currency of the Internet

India’s Tax Department Issues Notices to 100,000 Crypto Investors (news.bitcoin.com)

India’s Income Tax Department recently announced that it has issued notices to 100,000 cryptocurrency investors. The announcement came in light of government surveys into the operations of multiple leading Indian exchanges that have revealed widespread tax evasion on the part of India’s cryptocurrency traders.
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Bitcoin: Income tax department in tough spot as investors go all tech

On its part, the income tax department may also find it difficult to figure out whether wealthy investors actually hold any bitcoins, or the income earned from these instruments. The department may also struggle to calculate the capital gains tax on bitcoins as investors have used complex investment …
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Government Head of IT Department Fired for Mining Bitcoin Using State-Owned Computers in Crimea (news.bitcoin.com)

Two government officials of the Crimean Council of Ministers were caught mining bitcoin using government computers and were subsequently fired. They reportedly installed “malicious software” on the government’s server and programmed over a dozen computers to mine bitcoin.
Also read: Russia Proposes Adding Cryptocurrency to the

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