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Topic: Germany recognized the bitcoin (Read 3264 times)

newbie
Activity: 283
Merit: 0
October 24, 2018, 11:58:57 PM
I think this is good news for people in Germany because they will be easier to use bitcoin for payment. They will be faster and safer using bitcoin so people in Germany will live with a better economy. This can also be a good example for other countries.
full member
Activity: 812
Merit: 100
October 24, 2018, 04:46:46 PM
The Ministry of Finance of Germany signed the Decree on recognition of bitcoin  legal tender.  The document specifies that purchases made for cryptocoins, are not taxed!What do you think about it?



Well im not surprise but it's great that another country is accepting bitcoin as a payment. And taxes is not for bitcoin maybe they put a tax when they convert it to their own money.
full member
Activity: 672
Merit: 100
October 24, 2018, 04:29:39 PM
Germany is a developed country, and they are slowly adopting Bitcoin as some banks here support Cryptocurrency related services. While many countries issue an order with Crypto, Germany is the country that accepts it as legitimate.
sr. member
Activity: 2338
Merit: 365
October 24, 2018, 04:26:57 PM
this is good news, without recognition Bitcoin will be difficult to develop, I hope that in the future there will be more countries that give recognition to Bitcoin so that the development continues to be carried out so that Bitcoin will continue to improve..
full member
Activity: 490
Merit: 101
October 24, 2018, 04:17:33 PM
The Ministry of Finance of Germany signed the Decree on recognition of bitcoin  legal tender.  The document specifies that purchases made for cryptocoins, are not taxed!What do you think about it?





This is a good one coming from Germany and I do hope more countries will this and get in the future of digital currency. I did heard that Estonia's government allows easy operation of cryptocurrency too. A good spread in the Schengen countries and then a global acceptance.
member
Activity: 328
Merit: 10
October 24, 2018, 03:44:17 PM
Wow, this is very fantastic news if I think it is because if a developed country like Germany already recognizes bitcoin, it is likely that other developed countries will also recognize the existence of bitcoin and this will have a very good impact on future changes in bitcoin prices
full member
Activity: 812
Merit: 108
October 24, 2018, 12:56:37 PM
That's good sign for crypto enthusiastic people. We can see new countries recognize crypto for buying and selling good. Recent news regarding HTC and Cryptocurrency is also a good sign. Unocoin indian exchange successfully installed India's first bitcoin ATM in the Bengaluru. These news really make smile of millions of faces.
member
Activity: 294
Merit: 11
October 24, 2018, 12:19:16 PM
This position can be regarded as the right way to the development of cryptocurrency by Germany.
member
Activity: 345
Merit: 10
October 24, 2018, 12:11:47 PM
Germany is a powerful country with a very strong economy. Their choice of BTC is very wise, because they know the trend and the potential of this currency will make their country economy stronger than ever. I believe that other countries in the world will legitimize BTC making it the main currency on the exchange,
sr. member
Activity: 672
Merit: 253
CryptoTalk.Org - Get Paid for every Post!
October 20, 2018, 08:58:46 AM
I think Germany has begun to accept the existence of bitcoin which provides benefits that are quite good for people's lives in Germany, and my hope is of course this will be followed by other countries that will provide policies to the public to be able to legally carry out bitcoin activities.
member
Activity: 714
Merit: 11
BountyMarketCap
October 20, 2018, 08:51:21 AM
that is certainly good for crypto industry, there is recognition but no tax. transactions can be done more freely and the value can increase even higher. but for the country, of course a loss if crypto is not taxed.
jr. member
Activity: 252
Merit: 1
October 20, 2018, 08:31:47 AM
this allows you to create another legal zone for bitcoin turnover, respectively, this is just another plus in favor of liquidity
member
Activity: 350
Merit: 10
October 19, 2018, 12:56:32 PM
Germany is always the wisest country to bring the BTC market into the economy. This is a great challenge for them, because  BTC will bring a lot of economic benefits that Germany does not expect. I firmly believe that not only Germany but other countries will legalize the BTC and bring the economy of the country to new heights.
member
Activity: 308
Merit: 10
AMA BCT
October 19, 2018, 12:35:34 PM
The Ministry of Finance of Germany signed the Decree on recognition of bitcoin  legal tender.  The document specifies that purchases made for cryptocoins, are not taxed!What do you think about it?



This is really a very good news. But I think that is a good strategy for the German government. This is because the market has not grown and the Germans are helping the market. When everything is fine, they will tax later and benefit greatly.
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
October 19, 2018, 12:26:54 PM
This is a great thing for BTC. BTC has created a belief with a strong economy like Germany, I believe that one day not too far BTC will soon become a new currency widely circulated in their country. Gradually, BTC will be recognized internationally and it will bring the country a better economy than ever before.
sr. member
Activity: 1120
Merit: 256
October 18, 2018, 10:21:42 AM
This is good news for BTC, Germany is a country with big economy in the world to participate in BTC. Germany will contribute a lot of electronic money. The BTC has created a reputation for the country, and I believe it will make it possible for other countries in the world to formalize the Ministry of Finance to bring their economies to new heights.


Some of the other European countries have also recognized (even legalized it as a currency) Bitcoin, and this is a very good sign: https://www.youtube.com/watch?v=tzS1UOfai9Y
really true with the many countries that have acknowledged bitcoin then bitcoin will be very easy to develop even bigger until all countries in the world can accept bitcoin
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
October 18, 2018, 10:16:06 AM
The good news is that Germany has recognized bitcoin, so people in Germany can easily and quickly transact money. This will greatly help people in Germany to make payments. This will have a big positive impact on crypto so I am sure crypto will be more popular and growing in the years to come.
Germany have recognized and legalized bitcoins for a while now but the added incentive of not taxing the cryptocurrency when it’s being to make purchases will see a boom in the number of purchases made by bitcoins in some time to come. No one wants to be taxed.
full member
Activity: 434
Merit: 100
October 18, 2018, 09:52:28 AM
This is good news for BTC, Germany is a country with big economy in the world to participate in BTC. Germany will contribute a lot of electronic money. The BTC has created a reputation for the country, and I believe it will make it possible for other countries in the world to formalize the Ministry of Finance to bring their economies to new heights.


Some of the other European countries have also recognized (even legalized it as a currency) Bitcoin, and this is a very good sign: https://www.youtube.com/watch?v=tzS1UOfai9Y
full member
Activity: 501
Merit: 147
October 16, 2018, 08:59:31 PM
The Ministry of Finance of Germany signed the Decree on recognition of bitcoin  legal tender.  The document specifies that purchases made for cryptocoins, are not taxed!What do you think about it?





When we say government recognized whatever the subject it is and  being legal it means this is a subject for creditable tax. that is only my analyzed regarding for government acceptance for their prospect source of tax.
newbie
Activity: 283
Merit: 0
October 16, 2018, 08:48:09 PM
The good news is that Germany has recognized bitcoin, so people in Germany can easily and quickly transact money. This will greatly help people in Germany to make payments. This will have a big positive impact on crypto so I am sure crypto will be more popular and growing in the years to come.
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