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February 13, 2018

A loss in value, say Bitcoin going from $20,000 - $8,000 between two purchases, would be considered a loss that could be tax deductible as an investment or for a business, but have zero tax deductibility as an individual.

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The Wallet Engine
Transforming Apps into Ecosystems

TM

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Consumer advisory -  Wallet Engine Pte. Ltd., the holder of Wallet Engine’s stored value facility, does not require the approval of the Monetary Authority of Singapore. Consumers (Users) are advised to read our terms of service carefully.