10% of Americans Used Bitcoin to Ignore Identity Theft

10% of Americans Used Bitcoin to Ignore Identity Theft

Using cash or checks more often is another great way to avoid the majority of identity theft threats, although any paper trail is still a line of breadcrumbs waiting to be used maliciously. Bitcoin is often referred to as a way to avoid taxes and conduct illegal activity online. However, a recent report by Harris Poll on behalf of the American Institute of CPA shows that 10% of respondents use Bitcoin to avoid identity theft during tax time. It only happens once a year, but tax time is a stressful period for all parties involved. Not only is there a lot of paperwork to fill in and verify,....


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