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Topic: In Germany, bitcoin was recognized as legal tender - page 3. (Read 1520 times)

member
Activity: 308
Merit: 10
If this is true then maybe I will travel to Germany tomorrow. I hope that I can pay many items with Bitcoin or altcoin in Germany
member
Activity: 363
Merit: 10
This is really a good news and I hope other countries also follow this. Sooner or later everyone will realize the benefits of crypto.
Agree with your opinion. It is hoped that the whole world will also know the great benefits of cryptocurrency brought to them
newbie
Activity: 126
Merit: 0
Yes, but it is kind of old news. Some people in Europe moved to Germany to avoid paying taxes for their bitcoins when cashing out.
I do not think that everyone has to move to Germany to avoid paying Bitcoin taxes when they withdraw money, because the cost of moving from Asia to Germany is more than pay taxes for Bitcoin.
member
Activity: 261
Merit: 10
its really great news for crypto industry
Yes, this is the best news of the day, and I am confident to announce that the price of the crypto market will increase a lot today.
member
Activity: 490
Merit: 10
Today I also read this news in a prestigious newspaper in Germany; it seems that Germany is trying to legalize blockchain technology. This is good news for us
member
Activity: 331
Merit: 10
StartFi
It is hoped that many nations will recognize that Bitcoin is a legitimate auction currency. This may lead to higher bitcoin prices in July
member
Activity: 296
Merit: 10
Germany and Japan are big countries, and they have accepted Bitcoin. I was not surprised to hear that in Germany, Bitcoin was legally recognized
member
Activity: 271
Merit: 10
I have heard a lot of good things about Bitcoin in Germany. I would like to become a citizen of Germany to be able to invest in Bitcoin legally
newbie
Activity: 126
Merit: 0
This is really a good news and I hope other countries also follow this. Sooner or later everyone will realize the benefits of crypto.
Of course one day it is going to happen when everyone will accept bitcoin as legal currency without any fear, if we talk about this news then Germany always try to follow and use the new technologies, it is really nice to see how fast and independent they are taking decision about their currency acceptance, same as Germany I am sure some more countries will accept bitcoin as legal currency then it will be great days for all investors.
member
Activity: 378
Merit: 10
already there are many cases in the world's judicial practice, when bitcoin is recognized as an asset, and it can be divided through a court between joint owners! Europe understands that the crypto world is the future! the development of the crypto world will give a tremendous impact in the development of the entire world economy! Soon we will see the leading countries in this direction of the development of the crypto world! I am sure that this is the future, and all countries where there is a ban on the crypto world and bitcoin, should pay attention to those countries - where they promote the entire crypto world system!
member
Activity: 840
Merit: 40
Many countries are going to made regulations regarding crypto currencies because these are going popular and every investor wants to enter this market if it regulated by their country's law. Hopefully,we will see many countries approve or regulate these cryptocurrencies before this year end.
newbie
Activity: 1
Merit: 0
This is really a good news and I hope other countries also follow this. Sooner or later everyone will realize the benefits of crypto.
sr. member
Activity: 728
Merit: 275
Was reading the same article on some blog and came across this post on the forum as well!! Good to hear this. Such kind of positive news is an economic booster for the entire crypto currency market and intends to bring a revolutionary change in the market prices, especially when the market is going through such a slump. And Germany's green signal to bitcoin would mean that the other countries in the continent would also look forward towards this thing and might take an action in this regard very soon in the future. However, more and more countries have now started to accept bitcoin, so it is definitely a good news for the crypto community.
newbie
Activity: 42
Merit: 0
Bitcoin has been recognized as a legal currency and taxable in Germany. This is the first country to recognize the use of virtual currency, news channel RT (Russia) reported on 18.8.
Germany the nation's first Bitcoin virtual currency
Germany became the first country to recognize virtual currency Bitcoin - Photo: Reuters
Berlin admits the virtual currency is a "currency" and a "consumer", according to Die Welt (Germany).
This classification means that commercial profits from Bitcoin-related activities may be taxed, but the use of such funds for personal purposes will still be tax exempt, Die Welt for
Bitcoin has become a popular remittance worldwide since it was first announced in 2009, as more and more people are dissatisfied with the banking system.
However, Bitcoin's rise has raised concerns about the viability of conventional currency as Bitcoin is not supported by any central government or central bank.
newbie
Activity: 126
Merit: 0
it is true that is good news. Germany is a very influential country to the economy in Europe if the number of adoption of bitcoin in germany must be bitcoin will gain a lot of popularity in other european countries.such as ukris and dutch even some mosques in english receive zakat payment in the form of bitcoin
member
Activity: 84
Merit: 10
The German Ministry of Finance issued a document in which the crypto currency was indirectly recognized as a means of payment. Under the European Court's decision, the German regulator proposes to consider bitcoins and other digital currencies as equivalent conventional payments.
member
Activity: 392
Merit: 10
German state already has advanced technology and has smart people so accept bitcoin and legalize bitcoin and I think this is one good news that can make bitcoin prices go up and expensive
full member
Activity: 490
Merit: 100
it is good news for cryptocurrency i hope other countries will be also follow this is a step forward not just of Bitcoin itself but also of the German nation. There will be more of this kind of news to come for sure. 
sr. member
Activity: 672
Merit: 250
newbie
Activity: 82
Merit: 0
The virtual currency exchange rate, bitcoin keeps fluctuating every day. This has led to a number of countries issuing policies or prohibitions for the public to reduce this virtual money circulation.

One of them Germany, through the central bank, Germany revealed to ban cryptocurrency including bitcoin, because the type of currency it needs international rules. This is because the national or regional rules made by each country are not strong enough to be implemented.
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