News & Insights: matthew estersohn

Cryptocurrency: Considerations for Accepting Gifts of Virtual Currency


By Matthew Estersohn |  Sibi B. Thomas  |  September 30, 2019

Bitcoin was invented in 2009 and saw limited use for the first few years of its existence, with transactions limited mostly to novelty purchases and early adopters. The past few years, however, have seen increased growth, with bitcoin transactions now in the hundreds of thousands per day and price volatility that has made national news.