Germany Won't Tax You for Buying a Cup of Coffee With Bitcoin

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legendary

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Where is my ring of blades...

Quote from: Tambu on March 01, 2018, 12:45:10 AM

Quote from: CryptoWorld87 on February 28, 2018, 11:45:18 PM

I was reading a bitcoin news in google when i found this article on google. This is the real evidence that bitcoin is start accepted by government nowadays. I hope this could happen in our country too.

News source : https://www.coindesk.com/germany-considers-crypto-legal-equivalent-to-fiat-for-tax-purposes/

What is the price of a cup of Coffee in Germany? Less than 3 dollar I guess. The transaction charge of BTC could be more than the tax of a coffee cup. Not wise though to pay BTC for a cup of coffee.

is the word "coffee" the only thing that you got from that news?

it is yet another country that recognized bitcoin as a currency. that is the important part of the news which you apparently missed! not to mention that bitcoin fees have always been very low except a couple of months...

boboking

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Quote from: Tambu on March 01, 2018, 12:45:10 AM

Quote from: CryptoWorld87 on February 28, 2018, 11:45:18 PM

I was reading a bitcoin news in google when i found this article on google. This is the real evidence that bitcoin is start accepted by government nowadays. I hope this could happen in our country too.

News source : https://www.coindesk.com/germany-considers-crypto-legal-equivalent-to-fiat-for-tax-purposes/

What is the price of a cup of Coffee in Germany? Less than 3 dollar I guess. The transaction charge of BTC could be more than the tax of a coffee cup. Not wise though to pay BTC for a cup of coffee.

Yes ,it is true that the transaction fee maybe bigger than the coffee itself and using your bitcoin maybe a stupid decision but if you look on the big picture this is a start of something big. If a first world country can implement this probably other countries will follow until we realized that we can buy a car using bitcoin without taxes.

As of now on our country the tax is 12% if you buy something and actually bigger on cigarettes and alcohol. Imagine how much we can save if we purchase a house or a car using Bitcoin.

Tambu

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Quote from: CryptoWorld87 on February 28, 2018, 11:45:18 PM

I was reading a bitcoin news in google when i found this article on google. This is the real evidence that bitcoin is start accepted by government nowadays. I hope this could happen in our country too.

News source : https://www.coindesk.com/germany-considers-crypto-legal-equivalent-to-fiat-for-tax-purposes/

What is the price of a cup of Coffee in Germany? Less than 3 dollar I guess. The transaction charge of BTC could be more than the tax of a coffee cup. Not wise though to pay BTC for a cup of coffee.

CryptoWorld87

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I was reading a bitcoin news in google when i found this article on google. This is the real evidence that bitcoin is start accepted by government nowadays. I hope this could happen in our country too.

News source : https://www.coindesk.com/germany-considers-crypto-legal-equivalent-to-fiat-for-tax-purposes/

Topic: Germany Won't Tax You for Buying a Cup of Coffee With Bitcoin (Read 142 times)