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Topic: 2013-09-12 Payments Source: How Bitcoin Is Blossoming in Germany (Read 577 times)

legendary
Activity: 2058
Merit: 1005
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One more reason this guy needs to be on the board of the Bitcoin Foundation (yes, if you're a member, you can vote for him!), to show these guys how this is an actual factual thing that happens ON THE STREETS.

/spamrant
member
Activity: 83
Merit: 10
https://bitgo.com
http://www.paymentssource.com/news/how-bitcoin-is-blossoming-in-germany-3015408-1.html

"In our neighborhood there are a few dozens of bitcoin-accepting businesses by now and a bitcoin-based economic cycle starts to develop," says Joerg Platzer, owner of Room77 and principal of the Crypto Economics Consulting Group in Berlin. "I do not have to change the bitcoins we take in back into euro. I can pay my beer supplier, my printer and other goods and services with it already. We call it our 'alternative local currency with global reach.'"

"[German regulators] are trying to put some measure of control around it, rather than stymie it or erect barriers to try and discourage it"

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