in the UK the HMRC is still in the official stance that although an asset officially. it should unofficially be treated as an asset currency. much like how someone exchanging pounds for euro's wouldnt have 20% less euro value.
we will soon see
Topic: Osborne makes a withdrawal from a Bitcoin ATM - page 3. (Read 2900 times)
Fuck it, I'm moving out of the country for good now, I know you guys outside of the UK won't know much about George Osborne but this guy knows even less about the economy than Paul Krugman, the fact that he's wanting to put VAT on Bitcoins means he's going to tax UK Bitcoin users hard, in fact, I think the UK a probably going to see Bitcoin as a way of getting more tax income in general.
Banks are extremely well established here and have a strangehold on everything financial, so they're going to do everything they can to control Bitcoin and make it unappealing for people to use.
Although I'm not from UK but just two posts above I posted exactly why the bitcoin community gonna hate him eventually, its no rocket science to understand that why a politician will do no good with/to btc . Banks are extremely well established here and have a strangehold on everything financial, so they're going to do everything they can to control Bitcoin and make it unappealing for people to use.
Fuck it, I'm moving out of the country for good now, I know you guys outside of the UK won't know much about George Osborne but this guy knows even less about the economy than Paul Krugman, the fact that he's wanting to put VAT on Bitcoins means he's going to tax UK Bitcoin users hard, in fact, I think the UK a probably going to see Bitcoin as a way of getting more tax income in general.
Banks are extremely well established here and have a strangehold on everything financial, so they're going to do everything they can to control Bitcoin and make it unappealing for people to use.
Banks are extremely well established here and have a strangehold on everything financial, so they're going to do everything they can to control Bitcoin and make it unappealing for people to use.
I thought it was Ozzy too but I'm more impressed by this.
This is an encouraging statement from the UK government. Bitcoin may be regulated in the uk soon, but is not illegal. I am surprised to see the C of E showing high profile support for bitcoin.
Thought would be Ozzy Osbourne 
Anyway, good news see government people using bitcoin, just hope they don't end up betraying it
Anyway, good news see government people using bitcoin, just hope they don't end up betraying it
What does the Chancellor of the Exchequer doo?
he's the guy in control of the countries budgets. he is the one that says that social security gets X amount this year, military gets Y amounts this year and healthcare gets Z.... oh and the guy that ensures he receives A, B and C amounts.
in short he is the accountant/book keeper of the government funding (tax)
"Run this by me again - I can still use this stuff to extract PAYE and VAT - but me and my Bullingdon Club chums won't have to pay a fuckin penny ? I'm sold on it already"
What does the Chancellor of the Exchequer doo?
he's the guy in control of the countries budgets. he is the one that says that social security gets X amount this year, military gets Y amounts this year and healthcare gets Z.... oh and the guy that ensures he receives A, B and C amounts.
in short he is the accountant/book keeper of the government funding (tax)
U.K.’s Chancellor of the Exchequer, George Osborne, bought bitcoins for the first time from Cointrader.net’s
Full Story:- http://www.cryptocoinsnews.com/news/uk-chancellor-george-osborne-buys-bitcoin/2014/08/06
Full Story:- http://www.cryptocoinsnews.com/news/uk-chancellor-george-osborne-buys-bitcoin/2014/08/06
Very interesting! Also I love your Real Eyes slogan
What does the Chancellor of the Exchequer doo? Chancellor of Exchange is what that stands for? Either way, it is very helpful when people who are in the spotlight or government do these types of things. Bitcoin could stand to gain more of this type of thing and hopefully we get more government and their staffers to use Bitcoin and give us good publicity.
U.K.’s Chancellor of the Exchequer, George Osborne, bought bitcoins for the first time from Cointrader.net’s
Full Story:- http://www.cryptocoinsnews.com/news/uk-chancellor-george-osborne-buys-bitcoin/2014/08/06
Full Story:- http://www.cryptocoinsnews.com/news/uk-chancellor-george-osborne-buys-bitcoin/2014/08/06
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