Editor's Note
May 1, 2014
Editor's Note
More than 165 years ago, tens of thousands of hopeful prospectors flooded California to mine for gold. Today, mining of a very different sort is happening. People are competing through their computers to solve complex math problems in exchange for Bitcoins-units of virtual currency that are also a store of value and, for tax purposes, property. As I write, one Bitcoin is worth more than $400.
When lawyer and financial writer Michael Bobelian began working on o...
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