[BIG EVENT] BITCOIN IS NOW A LEGAL PAYMENT METHOD AND A CURRENCY IN THE EU !!!!! - page 2.

Amph

legendary

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Quote from: disclaimer201 on October 23, 2015, 10:32:07 PM

The news was unexpected and hardly believed possible just a few years ago. This is a great day for Bitcoin and will boost the economy around digital currencies altogether. Last but not least, it's very good for traders to know. Once thing less they have to worry about.

it wasn't unexpected, they had announced it in june already, that they were to making a decision about it, and from what i can tell at that time they were already prone to do it

they were only waiting for a confirmation and formalize it

dothebeats

legendary

Activity: 3542

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Quote from: disclaimer201 on October 23, 2015, 10:32:07 PM

The news was unexpected and hardly believed possible just a few years ago. This is a great day for Bitcoin and will boost the economy around digital currencies altogether. Last but not least, it's very good for traders to know. Once thing less they have to worry about.

Good for EU traders at least, US laws still regard bitcoin as a commodity. If US followed the same path as what EU did, then I think there would be no stopping for rapid growth and acceptance. Cheesy

disclaimer201

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The news was unexpected and hardly believed possible just a few years ago. This is a great day for Bitcoin and will boost the economy around digital currencies altogether. Last but not least, it's very good for traders to know. Once thing less they have to worry about.

mtnsaa

legendary

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Quote from: dothebeats on October 23, 2015, 01:20:01 PM

Quote from: mtnsaa on October 23, 2015, 11:17:17 AM

Actually the VAT exemption happens because it's not a "real" currency I would say. However it's definitely a good announcement going forward because of its relevancy and the attention it generates about Bitcoin.

You may have interchanged goods for currencies. Goods are subjected to be taxed--in this case, VAT--if it is bought by a consumer whereas currencies aren't. The only time that currencies can be taxed is when it is a capital gain or an income of an individual (at least in our jurisdiction.)

Yes my bad, sorry.

Pab

legendary

Activity: 1862

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Legislation from EU Court of Justice,not possible to put down,all EU countrys must to inplamented .And all that during China first in England.But i said nothing,pssst

WealthyBastard

newbie

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Guys wtf plz show some enthousiasm omfg

dothebeats

legendary

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Quote from: randy8777 on October 23, 2015, 01:37:53 PM

for the average joe it's amazing, but i would like to see america follow europe and do the same. but it will probably take a lot time as they use ~~old fashion~~ invasive policies.

FTFY. US wouldn't follow suit ASAP, that's for sure. They like to monitor everything so that they can assure that all things are under their control. Roll Eyes

Quote from: maokoto on October 23, 2015, 01:10:11 PM

-snip-
When people stare suspiciously at you when you introduce bitcoin to them, you can show them a newspaper.

That alone is great!

Just don't let them see a bad news regarding bitcoin, as they woulf certainly raise an eyebrow together with that suspiscious look. Wink

randy8777

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Quote from: maokoto on October 23, 2015, 01:10:11 PM

As I said in another post, it is great news for presenting Bitcoin to people.

When people stare suspiciously at you when you introduce bitcoin to them, you can show them a newspaper.

That alone is great!

for the average joe it's amazing, but i would like to see america follow europe and do the same. but it will probably take a lot time as they use old fashion policies.

Invenio

newbie

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Yay, but still a commodity in the U.S. Sad

dothebeats

legendary

Activity: 3542

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Quote from: mtnsaa on October 23, 2015, 11:17:17 AM

Actually the VAT exemption happens because it's not a "real" currency I would say. However it's definitely a good announcement going forward because of its relevancy and the attention it generates about Bitcoin.

You may have interchanged goods for currencies. Goods are subjected to be taxed--in this case, VAT--if it is bought by a consumer whereas currencies aren't. The only time that currencies can be taxed is when it is a capital gain or an income of an individual (at least in our jurisdiction.)

maokoto

hero member

Activity: 770

Merit: 500

✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

As I said in another post, it is great news for presenting Bitcoin to people.

When people stare suspiciously at you when you introduce bitcoin to them, you can show them a newspaper.

That alone is great!

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: Daniel91 on October 23, 2015, 12:02:26 PM

Quote from: ?? on ??

Congratulation for bitcoin who lives in EU

Maybe we'll see other country says bitcoin is currency or legal in their country

It's just matter of time before bitcoin is accepted everywhere

This is just half victory for us.
Still is very long way in the front of us until bitcoin becomes mainstream in Europe, real alternative to other currencies.

It is just a half of the victory, but this was a necessary step for us to take in a good direction in order to get to that alternative status with other currencies.

This move from the EU also gives me much hope that they will actually regulate Bitcoin in a fair way, if nothing then at least in the whole Europe.

Very big news!

BitMaxz

legendary

Activity: 3472

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Playbet.io - Crypto Casino and Sportsbook

Yea this is the big bitcoin event that i never seen before congrats for europian people to your victory.I hope that in my country get this victory too.. Again congrats to all europe people... Cheesy

crairezx20

legendary

Activity: 1638

Merit: 1046

Wow this is amazing this is blessings from bitcoins and trust for some europian people.. This very big news for europian people congrats to all..

Daniel91

legendary

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Quote from: ?? on ??

Congratulation for bitcoin who lives in EU

Maybe we'll see other country says bitcoin is currency or legal in their country

It's just matter of time before bitcoin is accepted everywhere

This is just half victory for us.
Still is very long way in the front of us until bitcoin becomes mainstream in Europe, real alternative to other currencies.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

who would have thought that just 3-4 years ago Cheesy

also check out:

https://bitcoinmagazine.com/articles/six-questions-to-make-sense-of-the-european-court-of-justice-decision-on-bitcoin-vat-1445533402

Dofus

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Quote from: mtnsaa on October 23, 2015, 11:17:17 AM

Actually the VAT exemption happens because it's not a "real" currency I would say. However it's definitely a good announcement going forward because of its relevancy and the attention it generates about Bitcoin.

What ? U kidding dude ? VAT is not for currencies at all.

mtnsaa

legendary

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Actually the VAT exemption happens because it's not a "real" currency I would say. However it's definitely a good announcement going forward because of its relevancy and the attention it generates about Bitcoin.

teddy5145

hero member

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This is probably the best christmas gift i've received this year Grin

First we take the EU then we take america and then the rest of the world Roll Eyes

Guys, prepare the rockets, we are going to the ~~moon~~ Pluto Cheesy

RustyNomad

sr. member

Activity: 336

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Sorry to rain on everybody's parade but bitcoin is not legal tender, yet. It was just placed in the same category as other currencies in terms of VAT.

They did not say that bitcoin was 'legal tender'. If that was the case you can demand to pay for anything and everything in bitcoin within the EU which is not the case, yet.

This is how I understood their statement.

Topic: [BIG EVENT] BITCOIN IS NOW A LEGAL PAYMENT METHOD AND A CURRENCY IN THE EU !!!!! - page 2. (Read 2494 times)