Post
Topic
Board Economics
Re: Germany recognized the bitcoin
by
renc77
on 21/08/2018, 03:45:51 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?




That was a good thing about the development of digital money.

We all know that Germany is one of the progessive country which are considered as rich. Furthermore, it has a huge innovated community market economy which became a factor of recognizing crytpocoins.

With that, digital currency really has a good impact in terms of developing a country that was proved by Germany. I also commend this country for this move, as they wanted to maintain their higly developed market in their country.

I believe this movement knocking the door of other country about accepting crypto coins.