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Cryptocurrencies are not issued or backed by any governmental authority and, at current adoption levels, do not have sufficient market capitalization to significantly impact the supply of money or otherwise affect macroeconomic policy. Let's take a look at the different types of cryptocurrency exchanges. Under the circumstances in which josh acquired and used the cryptocurrency, the cryptocurrency (including the amount used through the online payment gateway) is a personal use asset. Cryptocurrencies make tracking donations easier and have the potential to allow donors to see how their money is used ( financial transparency ). Where cryptocurrency is acquired and used within a short period of time, to acquire items for personal use or consumption, the cryptocurrency is more likely to be a personal use asset. Because peter used the cryptocurrency as an investment, the cryptocurrency is not a personal use asset. You'll learn how people interact with cryptocurrency structures - in...