Bitcoin Forum

Other => Beginners & Help => Topic started by: tontonyaw on May 06, 2013, 08:06:37 AM



Title: Is Bitcoin a currency or a commodity ?
Post by: tontonyaw on May 06, 2013, 08:06:37 AM
I live in France and I'm thinking of running a business around Bitcoins. The thing is there are regulatory constraints that have true impact on the way the business should be oriented. If Bitcoin is considered as a currency, then I would have to look towards banks. If it is considered as a commodity, then everything is possible... Thanks for your input.


Title: Re: Is Bitcoin a currency or a commodity ?
Post by: teresa563 on May 06, 2013, 08:30:23 AM
both of


Title: Re: Is Bitcoin a currency or a commodity ?
Post by: TrainWrekdBarbie on May 06, 2013, 08:54:33 AM
yes both but perhaps not in a legal sense.


Title: Re: Is Bitcoin a currency or a commodity ?
Post by: elg on May 06, 2013, 09:13:24 AM
i did some research on this question, and i think legaly BTC must be seen as a currency
but that's only my idea/understanding
you should consult a fiscal or accounting specialist