IRS To Treat Bitcoin As Property, Not Currency TweetShareGoogle+Email Listen Listening... / Originally published on March 26, 2014 7:39 am The digital currency will be taxed like stocks. The IRS ruling provides some clarity to Bitcoin users and business owners who accept the virtual currency. But it means lots of record keeping. Tags: BitcoinTweetShareGoogle+EmailView the discussion thread. Related Content Why Bitcoin Fascinates New Hampshire Geeks By Brady Carlson • Mar 18, 2014 antanacoins via Flickr/CC - http://ow.ly/uKtNw Describing the virtual currency Bitcoin can be challenging. Sometimes the more questions you ask, the more complicated it sounds.