A Court in San Francisco placed an obligation to disclose the names of US bitcoin buyers

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Hopes of many multimillionaires that bitcoins would help them live without a care in the world proved false. By the ruling of a federal court in San Francisco, bitcoin was acknowledged to help avoid US tax legislation, and tax authorities were authorised to summon information on all bitcoin owners. The author expresses his confidence that other countries are soon to follow the US example in this respect.