Author

Topic: 2013-08-19 CNBC: Bitcoin recognized by Germany as legal tender (Read 1621 times)

member
Activity: 85
Merit: 10
Actually they just recongnize BTC as private money, not yet to legal tender status. But still a big step in the right direction.

The US of course will react the opposite way. Anything that threatens the Zionist Federal Reserve will be exterminated to the fullest extent of the "law" ( which does not represent the will of the people, contrary to belief)
legendary
Activity: 1764
Merit: 1002
Prepare for launch.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
yes, hes is a good politician, not only with bitcoin  Smiley
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
http://www.cnbc.com/id/100971898

Quote
"We should have competition in the production of money. I have long been a proponent of Friedrich August von Hayek scheme to denationalize money. Bitcoins are a first step in this direction,"said Frank Schaeffler, a member of the German parliament's Finance Committee, who has pushed for legal classification of bitcoins.

Quote
"Sooner or later, depending on the success of private currencies, authorities will feel the urge to ban or regulate private currency. A free country should resist and not intervene in citizen's private choice of money. In my opinion the production of money is none of the government's business," Schaeffler said.

Wow x 2. Quite a stark contrast to the US stance to date.
Indeed, big thumbs up to Mr. Schaeffler !  Go Germany !  Smiley
sr. member
Activity: 358
Merit: 250
http://www.cnbc.com/id/100971898

Quote
"We should have competition in the production of money. I have long been a proponent of Friedrich August von Hayek scheme to denationalize money. Bitcoins are a first step in this direction,"said Frank Schaeffler, a member of the German parliament's Finance Committee, who has pushed for legal classification of bitcoins.

Quote
"Sooner or later, depending on the success of private currencies, authorities will feel the urge to ban or regulate private currency. A free country should resist and not intervene in citizen's private choice of money. In my opinion the production of money is none of the government's business," Schaeffler said.

Wow x 2. Quite a stark contrast to the US stance to date.
Jump to: