Cryptocurrency Q&A
Who keeps track of Bitcoin?
Who keeps track of Bitcoin?
GinsengGlory
Wed Nov 27 2024
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7 answers
1973
I want to know who is responsible for keeping track of Bitcoin transactions and records, or if it's even possible to track Bitcoin at all.
7 answers
BusanBeautyBloomingStarShine
Fri Nov 29 2024
The IRS employs sophisticated techniques and methods to track crypto transactions.
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CryptoGladiatorGuard
Fri Nov 29 2024
These measures are aimed at ensuring tax compliance among cryptocurrency users.
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KimchiChic
Fri Nov 29 2024
Cryptocurrencies possess a unique characteristic of traceability.
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BlockchainEmpiress
Fri Nov 29 2024
Centralized exchanges play a pivotal role in this process by providing necessary user data to the IRS.
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Eleonora
Fri Nov 29 2024
All transactions involving cryptocurrencies are meticulously recorded on a public ledger.
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