Topic: Swedish Officials Settle First Debt in Bitcoin (Read 353 times)
Good news. seems like even officials are open for this currency,
Swedish official settled debt with bitcoin is the first time the enforcement agency as payment rendered by debt owed by the state. That's a surprise even the amount is only 0.6 btc which is small compared to the debt that is being payed by fiat but this is the first step to the officials to use bitcoin or any other authentic digital asset to make a payment of debt or any other transaction held by them but i think auctioning bitcoin is not good idea just because there is no state infrastructure that accepts bitcoin as savings, they can just hold the btc because we all know it will reach it's high price and a huge step up to its price that may profit from holding those 0.6 btc.
I love hearing news like these! Makes me feel like crypto is on its right path to global recognition and usage. It's the opposite of a sign of a bubble, how many are (still) calling it...
I personally would much rather the government keep it and hold it for speculation, while announcing they are doing so. To me this would be the biggest pro bitcoin stance we could see. They would literally be saying bitcoin is too valuable so we arent going to sell it.
I would much rather they sell it to their citizens. They'd be saying this is safe to sell and buy. More users is also better. This is great news either way though.
I strongly support that Bitcoin is becoming increasingly popular all over the world and is increasingly being utilized. Even if the debt is small, it is still the beginning and this paves the way for more mass adoption at all levels and in all levels and communities. I hope we see more examples of the use of Bitcoin in the future for all countries.
Very few governments hold investments. Most governments run a deficit. So the funds collected for services should not be locked up as assets. Auctioning bitcoins is a good step. If people buy bitcoins from the government, it will add a sense of legitimacy.
There have being some auctions in the past and the biggest one was the silk road auction where millions of dollars worth of bitcoins are being auctioned by the FBI and by far the biggest auction in the history of the coin but i am not sure that event could bring any new legitimacy to the coin ,as people who are following the market would very well know about bitcoin but afraid to jump into it as it is a new form of monetary system . Good to see the Swedish officials accepting bitcoin to settle debts and they will be auctioning the coins received.It is a bit risky considering the market fluctuation ,either way it is good for bitcoin. 
This is good but that country should own bitcoins not sell them on auctiion,I dont think that this is good decision,only bad.I think that soon they will save some bitcoins and hold them.
Very few governments hold investments. Most governments run a deficit. So the funds collected for services should not be locked up as assets. Auctioning bitcoins is a good step. If people buy bitcoins from the government, it will add a sense of legitimacy.
The acceptance of BTC is widening and this good for the powerful influence of BTC in the financial world.
bitcoin spreading all over the world and i can see bitcoin is the future 
The longer you pay attention, the more day by day you will see good news - that is because Bitcoin is the future and more people realize that every day and join the community.
News to me - do you have a link?
Not sure i can post links here but there you are:
https://news.bitcoin.com/swedish-authorities-settle-first-debt-in-bitcoin/
The posting of links that is forbidden is to the best of my knowledge related to referral links and spamming the forum looking for someone to sign up under you. The other is posting the source of your information this will not only give credence to what you trying to pass across for those who wants to read further before passing their comments but also to make you free from plagiarism which is something so frown at over here.
I personally would much rather the government keep it and hold it for speculation, while announcing they are doing so. To me this would be the biggest pro bitcoin stance we could see. They would literally be saying bitcoin is too valuable so we arent going to sell it.
This is good that Bitcoin is getting more and more popular all over the world and is finding more and more uses. Even if the debt is small, it is still a start and it paves the way for more mass adoption on all levels and in all layers and society. I hope that we see more examples of Bitcoin uses in the future, in all countries.
Sure it opens up more ways for people to know how to use bitcoin and i guess many such settlements will be completed not only by swedish officials but other nations and cooperations in the future as bitcoin gets popular. It's certainly a panacea for mass adoption.
This is good but that country should own bitcoins not sell them on auctiion,I dont think that this is good decision,only bad.I think that soon they will save some bitcoins and hold them.
Actually it is the first step of them toward bitcoin because they are giving chance to bitcoin and their lover around Sweden that our nation is free to invest and trade on bitcoin because they know that bitcoin having valuable future in upcoming days. 
This is good that Bitcoin is getting more and more popular all over the world and is finding more and more uses. Even if the debt is small, it is still a start and it paves the way for more mass adoption on all levels and in all layers and society. I hope that we see more examples of Bitcoin uses in the future, in all countries.
This is good but that country should own bitcoins not sell them on auctiion,I dont think that this is good decision,only bad.I think that soon they will save some bitcoins and hold them.
News to me - do you have a link?
Not sure i can post links here but there you are:
https://news.bitcoin.com/swedish-authorities-settle-first-debt-in-bitcoin/
News to me - do you have a link?
It is amazing how day by day bitcoins receive a bigger and bigger popularity, i think the future will be bitcoins.
What do you think about Swedish officials settling a debt in bitcoin? Should the Swedish government auction off the coins after they accept them?
What do you think about Swedish officials settling a debt in bitcoin? Should the Swedish government auction off the coins after they accept them?
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