Re: Biggest Electronics shop in Czech republic accepts now more cryptocurrencies.

Quote from: Wookii on March 06, 2018, 06:22:18 AM

Quote from: Unicorn_Heart on March 02, 2018, 11:12:11 AM

That's nice to know that btc along with other crypto (ethereum, litecoin etc)are still growing in your country. I have read an article about the sudden rise of btc in Czech republic. If i am not mistaken that happened as early as the start of year 2015. However, expect that your country might regulate soon or do something about the circulation of cryptos because it is now getting bigger and bigger. For now, enjoy your hassle-free purchases as you can leave your banknotes and even payment cards when traveling.

Well the shop has to pay taxes already (I have no idea how do they do it, but they have to) and only regulation coming to my minf that could be quite easily implemented is KYC. I do not find that much of a problem

And yes, Czech Republic is one of te biggest miners per head country

I am very sure since the government is aware of all the development, taxes should not be a problem. It is good to hear stuffs like this anyway. I am not sure how regulation is really done by the government here, but at the end of it all, once one of the biggest shop as you said is accepting, that would get most of the citizens who even have no idea about cryptocurrencies to get curious and want to know more. It is a good thing for the country, the citizens and the cryptocurrency community at large.