Bitcoin FAQ: A detailed guide to cryptocurrency and why US senators are fighting about how to tax it in the infrastructure bill

Bitcoin, dogecoin and ethereum are among thousands of cryptocurrencies confusing Americans

We all know what a dollar bill looks like. We know what a penny looks like. But what about a bitcoin?

Cryptocurrencies such as bitcoin, dogecoin and ethereum have risen in popularity in recent years, introducing a host of new terminology and concepts to the public that can be tough to visualize and troubling to understand. A 2017 CNBC poll found that 33 percent of Americans hadn’t seen, read or heard anything about bitcoin. And 44 percent had said they had seen, read or heard “just some” about it.

To continue reading this Washington Post report, go to:

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.