The more there is, the less each one is worth. Bitcoin exists virtually as bits of computer data. Therefore, risks can be amplified, including that regulators such as the SEC may be unable to pursue bad actors or recover funds, Clayton said. Local people who sense an opportunity have decided to begin investing in cryptocurrency ATMs, installing and getting them running fast. Paying taxes on cryptocurrencies is made pretty easy everywhere! Just find out how it’s viewed in your local Little Rock jurisdiction. Most of your daily transactions are digital.