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Title: [2014-08-29] Bitcoin could be considered legal tender, Australian tax official s Post by: ganabb on August 29, 2014, 07:56:34 AM http://www.theguardian.com/technology/2014/aug/29/bitcoin-could-be-considered-legal-tender-australian-tax-official-says
The Australian tax commissioner has left open the possibility that the digital payment system bitcoin could be considered legal tender in Australia. Bitcoin has been described as a type of “virtual currency” where users can pay for goods and services, and can even create their own bitcoins to generate more currency. Title: Re: [2014-08-29] Bitcoin could be considered legal tender, Australian tax official s Post by: gmx95 on August 29, 2014, 08:30:52 AM This seems to contradict their own guidelines published last week where they said that bitcoin is "not a currency", but "an asset".
Title: Re: [2014-08-29] Bitcoin could be considered legal tender, Australian tax official s Post by: Rampton on August 29, 2014, 09:30:28 AM YEah, somehow I don't think they'll go fully into calling it legal tender. And I doubt the Australian tax commissioner actually makes the laws regarding this stuff. Is he a politician or just someone who works in the tax office? I'm assuming the former.
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