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Topic: In Germany, bitcoin was recognized as legal tender - page 6. (Read 1520 times)

hero member
Activity: 2110
Merit: 502
I have seen the news, and it is true that Germany has allowed Bitcoin as a means of payment, even the greatest nation has allowed Bitcoin to circulate there, as in the Russian state that we know will hold great grand like the World Cup, surely everyone will watch it , which is only held every 4 years, and it will make it easier for everyone to bring Bitcoin, for the cost of their lives while watching the World Cup take place in Russia ..
newbie
Activity: 84
Merit: 0
I hope more countries will join to this movement! Great future is waiting us!
jr. member
Activity: 126
Merit: 1
It is going to be legalized and recognized in many countries this year, just watch it!
jr. member
Activity: 96
Merit: 1
Nice Trip With Us
I hope more and more countries are following Germany's steps to accept bitcoin as a legitimate digital currency for its people so it will not make people hesitate to use bitcoin as a method of payment. Why all countries cannot take on the attitude of Germany, they always support new emerging technologies and their decisions make the ecosystem of a technology to continue to survive and grow and develop into a useful technology for the future, especially bitcoin in economic terms.
newbie
Activity: 224
Merit: 0
it is nice to see some country accept bitcoin as a legal currency and financial instrument.
i wish my country have a same condition. if bitcoin is going to use by government, their peoples will not worry about investing their money to bitcoin.
member
Activity: 182
Merit: 12
yes, german is the first country to legalize bitcoin before japan. bitcoin grows well there. so i think german and japan deserve to be a bitcoin capital city, not as central.

bitcoin requires the capital city to be the reference of crypto market. so the bitcoin capital city will become the standard of analysis.

Wasn't Swizerland the first country to legalize payments with bitcoin Huh There is this city called Zug where you can pay your taxes in bitcoin by now. This is forward thinking in my opinion and Germany could learn a lesson from them. BUt let's see what the EU will bring forth in terms of regualtion and taxation. This will be interesting.
member
Activity: 224
Merit: 11
Finally some good news as Germany hold a lot of value in the European market.
member
Activity: 518
Merit: 11
yes, german is the first country to legalize bitcoin before japan. bitcoin grows well there. so i think german and japan deserve to be a bitcoin capital city, not as central.

bitcoin requires the capital city to be the reference of crypto market. so the bitcoin capital city will become the standard of analysis.
member
Activity: 238
Merit: 11
the most important thing that will not be taxed))))) ur cheers hurray !!!)))
The German Ministry of Finance signed a decree according to which purchases made for crypto currency will not be subject to a capital outflow, as in the United States, where bitcoin is considered property. The user who purchases the product or pays for the service with digital money will pay VAT.
I think that in a couple of years all countries will make the same statement))
sr. member
Activity: 826
Merit: 256
Japan and Germany are now the bitcoin-friendliest countries after recognizing the leading cryptocurrency as  one of their legal tender. Other countries are also taking some steps for possible bitcoin legalization in their area with regulation and taxation. Many countries are also waiting for the next meeting of G20 on cryptocurrencies which aim to create a standard for imposing a regulation on cryptocurrency exchanges.
newbie
Activity: 112
Merit: 0
itcoin has been recognized as a legal currency and taxable in Germany. This is the first country to recognize the use of virtual currency for commercial profits from Bitcoin-related activities that may be taxed, but the use of this currency for personal purposes will still be possible. tax exemption
Hello. I concur with you that the German government's recognition of Bitcoin as legal in Germany will contribute to the overall development of the country. But I have a concern that the German government will do to be able to collect Bitcoins while managing Bitcoin is not possible. Can you explain it to me?
Thank you.
newbie
Activity: 112
Merit: 0
The German government manages their country very well. A developed economy. A modern society, civilized, rich in compassion. A mighty army. Germany's welfare system is good, its management is clean. Germany is progressive and proud of the national spirit of every citizen. Adoption of Bitcoin is a necessity to promote the development of this Central European country. Supporting Germany's legally recognized Bitcoin.
member
Activity: 392
Merit: 10
The news I see is that BTC is an asset in Germany and levy taxes!

When BTC is a payment tool, no tax is required!

BTC is legal in Germany, because the price of BTC is not stable enough, it does not have the characteristics of money!
newbie
Activity: 252
Merit: 0
it is true, they believe that bitcoin can change the future, and bitcoin will affect the future, so they legalize bitcoin. They know the consequences of bitcoin so they plan to organize it.
newbie
Activity: 168
Merit: 0
itcoin has been recognized as a legal currency and taxable in Germany. This is the first country to recognize the use of virtual currency for commercial profits from Bitcoin-related activities that may be taxed, but the use of this currency for personal purposes will still be possible. tax exemption
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
However in terms of speculating on the markets, you have to pay capital gains tax if you hold your position shorter than 12 months.
Anything holding above 12 months is tax free.
So buy and hold pays off pretty huge in a long term Bitcoin bull run!
Well, good for Germany for recognizing bitcoin. Bitcoin will help Germany to improve their economy and they will lead us to adapt to bitcoin. It’s not new that bitcoin is accepted to many countries. But in Germany, that would be good for the development of the country.
jr. member
Activity: 42
Merit: 1
However in terms of speculating on the markets, you have to pay capital gains tax if you hold your position shorter than 12 months.
Anything holding above 12 months is tax free.
So buy and hold pays off pretty huge in a long term Bitcoin bull run!
full member
Activity: 322
Merit: 101
This is a small step in Europe. Hope that many others will follow this lead, that’s could bring us into a new era.
jr. member
Activity: 74
Merit: 5
sr. member
Activity: 1470
Merit: 325
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