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Topic: Germany recognized the bitcoin - page 21. (Read 3229 times)

member
Activity: 154
Merit: 15
March 04, 2018, 04:51:39 PM
#3
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 believe that the Germans are very satisfied with this decision, especially the investors that are making trades and transactions to the FIAT. Most of the investors from the other countries are looking for the backdoor transaction that can free them from the tax system which is inevitable in the end. There are even ATMs which are anonymous but the transaction fee is high. Each country has their own tax system which is higher or lower.
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Germany is the great supporter of the cryptocurrency and with this fantastic decision, they are only making the benefit for their country in the opposite to the other governments which are greedy and money hungry!
member
Activity: 279
Merit: 16
March 04, 2018, 03:14:54 PM
#2
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?


It's a great step for bitcoin, it encourages the use of bitcoin as a payment option as people will not be taxed on that whereas they would be taxed if they converted their bitcoin in to euros.
member
Activity: 210
Merit: 11
March 04, 2018, 02:28:45 PM
#1
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?


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