| Are crypto-currencies a store of wealth? Only if you are OK with losing half your net worth in just a few months. Are crypto-currencies a currency? Not if you want to pay your rent or buy groceries. Are crypto-currencies private? Not any more. If the government gets a whiff you have some and you don’t report it, you have a good chance of getting audited and many exchanges are handing over their customer data to the IRS. So everything we were promised about crypto-currencies turns out not to be true. |