Guide

Learn about cryptocurrency with our guides at CryptoProsperityforAmerica. Our detailed resources provide expert advice on investing, security, wallets, and more

What Is Bitcoin Backed By

What Is Bitcoin Backed By? Value & Existence Explained

Bitcoin isn’t backed by gold, government guarantees, or physical assets—it’s backed by trust, math, and adoption. The digital currency operates without central banks.  Its value comes from market demand, cryptographic proof, and a fixed supply of 21 million coins. For those wondering “what backs cryptocurrency” or if “cryptocurrency is backed by anything,” this article explains […]

Does Coinbase Report to IRS

Does Coinbase Report to the IRS (Explained) 

Coinbase processed over $547 billion in crypto trading volume, with approximately 73 million verified users worldwide.  As one of the largest cryptocurrency exchanges, Coinbase operates under specific IRS reporting requirements that affect U.S. taxpayers.  Understanding exactly what Coinbase reports to the IRS—and what it doesn’t—is crucial for compliant tax filing.  With penalties for crypto tax