Post
Topic
Board Economics
Re: Germany recognized the bitcoin
by
elghoniya
on 11/06/2018, 14:27:19 UTC
The Ministry of Finance of Germany signed the Decree on recognition of bitcoin  legal tender.  The document specifies that purchases made for cryptocoins, are not taxed!What do you think about it?




This is a good news and a big step for bitcoin, it encourages the use of bitcoin as a payment option because people will not be taxed on it while they will be taxed if they change their bitcoin into fiat. The state will earn income from it.