Re: Bitcoin classified as a currency. No VAT for BTC also in Switzerland.

Bitcoin is made to be a currency so why the hell does the government even have tax on it? It's not some kinds of product. It's money and the countries which abolish VAT for BTC are the ones which are not high right now

If the US and Europe treat bitcoin as a currency, other countries will follow. It is just a matter of time that other countries will adopt the same approach.

they just the blockchain technology not the blockchain's first child! They gonna use it and create for themselves something centralized Grin

I've also heared that some of the EU central banks are planning to implement prompt bank transfers to reduce transaction time. They would like to change from the old clearing system to something new but they haven't highlited the technical details yet. It can be easy to think that they are developing a ledger type system but of course in a centralized way