Germany recognized the bitcoin - page 15.

arief89

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Quote from: Emin90 on March 04, 2018, 01:28:45 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 became good news for me, because the German state is a big country that shows that bitcoin can bring change to the world now ...
hopefully other countries catch up to germany to acknowledge bitcoin ...

kisscoin

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Good news! I believe that cryptocurrencies can change the economic condition of the mass of people for the better and change the world domination of a small handful of people due to the uniform distribution of world money!

netil

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While the world governments will not work out a single policy on crypto currencies, the market will continue to jump up and down after each such statement. now all the dynamics of the market has been reduced to a reaction to the statements of those or other representatives of the international financial establishment.

dewi91

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Quote from: kendedese on June 10, 2018, 01:45:50 AM

I am happy to hear this, this is good news. this will add a boost in price spikes by the end of the year. we are going to the moon.

but the fact is this news can't make the price going to the moon. the price just a little increase and then go down again and again. a lot of people hope bitcoin to back in the highest value but I think it can't make the price go up. the thing that we can;t do for now is keep hold our bitcoin and if we have extra money we can use it to buy bitcoin, it will help bitcoin to increase again and may be in the end of year we can see bitcoin price back to 20k again.

Boldcom

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Quote from: Emin90 on March 04, 2018, 01:28:45 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?

So-called virtual currencies (cryptocurrencies such as Bitcoin) are considered equal to the legal means of payment, as long as these so-called virtual currencies have been accepted as alternative and contractual means of payment by the parties involved in the transaction and have no other purpose than being used as a means of payment.

link : https://medium.com/ab-chain/market-news-germany-officially-recognized-bitcoin-as-a-legal-tender-5f1a45189a92

soul-impact

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Bitcoin has been recognized as the legal currency and is subject to tax in Germany. This is the first country to recognize the use of virtual money. This classification means that the commercial profit from the activities relevant to the Council of the Bitcoin can be taxed. But the use of this kind of money into a personal purpose, then will still be tax-free.

cahgantenx

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Quote from: Emin90 on March 04, 2018, 01:28:45 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?

I think this is very good news for the world of cryptocurrency. I hope when there is good news like this then bitcoin and altcoin prices will hopefully be a positive trend

pernah ada

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I think it's good for bitcoin users because it has the freedom of government, hopefully my country can do policy like in GERMANY.

Nakedbitcoin

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Quote from: Emin90 on March 04, 2018, 01:28:45 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?

Another successful mission of bitcoin. What a great news to hear that Germany recognized the bitcoin as legal tender in their country. This is how bitcoin penetrated it's own popularity. A lot of country's now are acknowledges bitcoin to use as payment in any kind of transactions. We all hope that some other country's we're follows soon to accept bitcoin as legal tender in their country.

Hannahanto

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Its a great news because some countries now announced bitcoin as illegal. During this time one country announced as legal means it would affect the countries also. If one country succeed in this crypto means automatically it will change the other countries also. Germany is one of the well developed and powerful country. This will take a look on to crypro to other countries also.if it is announced as legal and at the same time tax free for bitcoin. This would make bitcoin users very happy.

elghoniya

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Quote from: Emin90 on March 04, 2018, 01:28:45 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 news and a big step for bitcoin, it encourages the use of bitcoin as a payment option because people will not be taxed on it while they will be taxed if they change their bitcoin into fiat. The state will earn income from it.

cavaBcoin

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Quote from: redsun114 on June 08, 2018, 04:26:46 AM

Quote from: ?? on ??

Yes Germany recognized the bitcoin and Germany is the frist country to legally recognized the virtual currency Bitcoin. Its a good opportunity for German peoples, they can easily use Bitcoin for pay tex and treading.

Germany recognized it too late, they realized it very late as we know that Germany is one of the developed countries and we saw that other developed countries recognized this currency years ago and are using it for economic purposes.

Germany got very huge time to recognize the Bitcoin, however this decision proved that Bitcoin is a genuine and the most profitable currency and will benefit Germany too.

Indeed Germany recoginzes bitcoin is really a big hit news. It paves the way for developing digital currency widely. We all know that Germany is such a country, which is quite developed. Therefore, when Germany support currency, other countries would be more likely to support,too. Yep, definitely with this smart decision, Germany probably earn a massive benefit. It open a very bright future to digital currency. I strongly believe that it’s no loger many other countries will have a right decision like Germany did. And that’s time we will have chance to use bitcoin easily.

slapper

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Quote from: Glorypaasa on June 11, 2018, 12:51:17 AM

Quote from: Emin90 on March 04, 2018, 01:28:45 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?

That is a big moved by the Government of the Germany and it is good news to the bitcoin world, I'm sure the german are so happy because they have a chance to used bitcoin freely and it will helps many people through bitcoin and I hope one day bitcoin will recognize by all the government as one of the global currency.

It's great to hear that Germany has started to accept bitcoin without imposing any taxes on it. This certainly is a good sign for bitcoin and cryptocurrencies' future as well as for our future. Moreover, that German government legalising bitcoin will prove to other countries, especially where bitcoin is banned and seen as taboo, that bitcoin is neither bad nor dangerous and this will maybe change other governments' minds and encourage them to follow the path. I hope that my country will look up to Germany on this aspect and do justice to bitcoin and its users.

kostagr33k

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That's great news. Any official recognition of bitcoin is good news for everyone who has tokens. I hope bitcoin will be legalized in most countries.

Siren

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Quote from: Emin90 on March 04, 2018, 01:28:45 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?

Germany is one big country but why is it seems like this issue has no effect in cryp market?does germans not that believers of cryptocurrency's?

Well hope this one big action for more European countries to make good decisions for this community and sooner the whole world,because time will come that crypto will rule this world and we all benefits from this guys

Glorypaasa

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Quote from: Emin90 on March 04, 2018, 01:28:45 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?

That is a big moved by the Government of the Germany and it is good news to the bitcoin world, I'm sure the german are so happy because they have a chance to used bitcoin freely and it will helps many people through bitcoin and I hope one day bitcoin will recognize by all the government as one of the global currency.

CandyIzDelicious

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very good bitcoin development, happy to hear german admitted bitcoin, hope other countries also follow german admitted bitcoin

jcarlo

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Quote from: Emin90 on March 04, 2018, 01:28:45 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?

I am believe this is good news for crypto communities in germany. Its good start for cryptocurrency adoption in europe and hopely this will spread to others country all around the world

voztata

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Quote from: miyaka26 on June 08, 2018, 10:51:08 AM

Quote from: HuffineCaro on March 05, 2018, 10:42:27 AM

It is very happy that many big countries have accepted the existence of BTC

The same thing with the bans and regulations of some countries including the high rates of tax to cryptocurrency like they don't press high rates of tax to other digital currency but made an exception to this one, good thing Germany did not follow the footsteps of the other countries towards bitcoin hoping it will last long and other countries might follow this example, next time you should put the source link or the website of the OP.

This is a positive news on the screens are with this news the Bitcoin will affect on the positive side because it has gained the trust and attraction of a developed country. The reflection of mirror also proved that Bitcoin is necessary even for developed countries, under developed countries can also bring their selves in the line of developed countries and that is why countries are adopting the Bitcoin.

kendedese

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I am happy to hear this, this is good news. this will add a boost in price spikes by the end of the year. we are going to the moon.

Topic: Germany recognized the bitcoin - page 15. (Read 3263 times)