Could someone explain some things for me
Hi, I understand the very basics of Bitcoin (watched this video ). However, I have a few questions? How is the bitcoin actually generated? Is it to do with computer resources or what? Also, is it illegal to convert bitcoin into real money? If not, is doing so considered tax evasion? Sorry for being a noob, I'm just interested. Thankyou!
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http://www.reddit.com/r/Bitcoin/comments/wx0vt/could_someone_explain_some_things_for_me/