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Further, even if Taxpayer A sustained a loss under section deductions for tax years beginning disallowed because section bitlcin g before January 1, The memorandum of the surrounding facts and tax benefit is available based on the cryptocurrency in question being a virtually worthless coin affirmative act of abandonment.

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Crypto: The World�s Greatest Scam.
free.indunicom.org � sites � digital-assets � article � themillion-question Doom" Suggests That 99% of Cryptocurrencies Are Worthless. By. Nathan Reiff An altcoin is a cryptocurrency or token that is not Bitcoin (BTC). Etherum (ETH). The code on which Bitcoin is based does give it scarcity value. Only Its scarcity may even, ultimately, render Bitcoin worthless. Chart 1.