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Michael Lewis: idea that bitcoin will replace currency is 'insane' So about two years ago, he agreed to drive down to a fancy rented house in Palo Alto that reeked of marijuana to possibly meet Satoshi Nakamoto, the cryptocurrency's reputed inventor. Instead, he was greeted by a group of bitcoin entrepreneurs who tried to convince him bitcoin would replace currency.
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Sars calls on taxpayers to declare crypto-currency gains The South African Revenue Service (Sars) deems crypto-currencies such as Bitcoin and Ethereum as intangible assets and therefore warns taxpayers to declare gains and losses in theses currencies.%
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