…onetary and property systems, because bitcoin opened the door for competition and created a market. This also shapes our understanding of what Bitcoin is NOT: a competitor to VISA or PayPal. It competes with local governments, legal systems and property rights — the fundamental layers of the existing stack — not with the payment processors that sit on top of it.
Bitcoin can also benefit those who never use it. As a hedge against central bank error, it makes the global financial system more resilient. Ironically, it can also improve other monetary and property systems around the world. What? Yes, that is the effect that competition has on a market. If you are a customer of Apple, you benefit from Samsung releasing a new phone, because it forces Apple to improve the quality of their product to stay competitive.
Complex tax reports. Crypto exchanges provide a .CSV file with all your trades during the year, which can be hundreds or thousands of lines, creating a huge problem for taxpayers. Our portfolio management and tax ready reporting tools will solve that.