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- Title
Barter, Bearer, and Bitcoin: The Likely Future of Stateless Virtual Money.
- Authors
Baros, Cara R.
- Abstract
Over the past few years, virtual money has emerged via the Internet. Although currently unregulated, Internal Revenue System Notice 2014-21 will most likely cause virtual money to lose its mass appeal in the United States. Historically, other means of tax avoidance, including barter transactions and bearer bonds, have suffered the same fate. Virtual money will likely have more success as a technology than as a means of value.
- Subjects
UNITED States; BARTER; ELECTRONIC money laws; BITCOIN; TAX evasion; UNITED States. Internal Revenue Service; BARTERING services; LAW
- Publication
University of Miami Business Law Review, 2014, Vol 23, Issue 1, p201
- ISSN
2376-4007
- Publication type
Article