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Author Topic: Bitcoin accepted in Europe?  (Read 255 times)
Washball (OP)
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March 03, 2018, 03:20:28 PM
 #1

Germany and France were the first in europe to prominently warn against cryptocurrencies. Now that Germany will accept bitcoin and will tax only VAT, while France was very much in favour to ban cryptocurrencies, what will happen in Europe. There are other european countries who are likely to accept cryptocurrencies, with or without regulations.
What will be the outcome of the G20 discussion on cryptocurrencies this month?

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March 03, 2018, 03:34:06 PM
 #2

I think that BTC with be fully accepted in the future, there's no way around it. Probably they will raise the amount of taxes for owning cryptocurrency.
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March 03, 2018, 03:40:05 PM
 #3

Spain is considering regulating on bitcoin. Furthermore, it plans on taking advantage of the current common European regulatory limbo to attract companies an talent that want to set their roots in Spain, by means of tax reductions for high-tech corporations raising funds through ICOs.

Easier said than done and not to be trusted until regulation fineprint is shown.
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March 03, 2018, 03:40:48 PM
 #4

Germany and France were the first in europe to prominently warn against cryptocurrencies. Now that Germany will accept bitcoin and will tax only VAT, while France was very much in favour to ban cryptocurrencies, what will happen in Europe. There are other european countries who are likely to accept cryptocurrencies, with or without regulations.
What will be the outcome of the G20 discussion on cryptocurrencies this month?



My opinion is, the Germans will start buying and the coins will stumble upward, but on the account of taxes, then before you walk to the moon, you imagine how the player accounts for possession, trade, use of the word crypto currency)) I can not imagine Grin Grin

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March 03, 2018, 03:43:32 PM
 #5

What will be the outcome of the G20 discussion on cryptocurrencies this month?

More regulation and government interference. This is what will happen at G20.
LeGaulois
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March 03, 2018, 07:42:19 PM
 #6

Germany and France were the first in europe to prominently warn against cryptocurrencies. Now that Germany will accept bitcoin and will tax only VAT, while France was very much in favour to ban cryptocurrencies, what will happen in Europe. There are other european countries who are likely to accept cryptocurrencies, with or without regulations.
What will be the outcome of the G20 discussion on cryptocurrencies this month?
Total wrong. France isn't planning to ban cryptocurrencies and never was. We, individual or companies pay our taxes related to cryptos. There is a difference between to ban a crypto and looking to regulate digital currencies.
Nobody has a crystal ball to tell you what will be the result of the G20.

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BitcoinGuruOne
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March 03, 2018, 07:50:01 PM
 #7

Germany and France were the first in europe to prominently warn against cryptocurrencies. Now that Germany will accept bitcoin and will tax only VAT, while France was very much in favour to ban cryptocurrencies, what will happen in Europe. There are other european countries who are likely to accept cryptocurrencies, with or without regulations.
What will be the outcome of the G20 discussion on cryptocurrencies this month?

Thanks for noteing out the G20. I think that Eu is going to do the adult thing,adult thing being legalizing the currency transfers otherwise they will not get any taxes out of these transactions and will push them underground.
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March 03, 2018, 08:37:26 PM
 #8

Germany and France were the first in europe to prominently warn against cryptocurrencies. Now that Germany will accept bitcoin and will tax only VAT, while France was very much in favour to ban cryptocurrencies, what will happen in Europe. There are other european countries who are likely to accept cryptocurrencies, with or without regulations.
What will be the outcome of the G20 discussion on cryptocurrencies this month?
Germany has already recognized crypto currency as a legal tender in accordance with the decision of the European Court of Human Rights. The same must be done by France, which signed on May 4, 1974 the Convention for the Protection of Human Rights and Fundamental Freedoms of Man of 1950, and undertakes to change its domestic laws to the specific decisions of this European court.

In this regard, the crypto currency must be recognized as a legal tender in the territory of 41 states that have signed this Convention. Therefore, bitcoin and crypto currency must now develop very well and grow in price.
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March 03, 2018, 08:38:15 PM
 #9

Germany and France were the first in europe to prominently warn against cryptocurrencies. Now that Germany will accept bitcoin and will tax only VAT, while France was very much in favour to ban cryptocurrencies, what will happen in Europe. There are other european countries who are likely to accept cryptocurrencies, with or without regulations.
What will be the outcome of the G20 discussion on cryptocurrencies this month?
it is accepted but its also useless

because bitcoin cannot be transacted

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March 03, 2018, 09:01:53 PM
 #10

Wait and watch out. That's only thing that everyone can do that are tuning in with the G20 discussion about cryptocurrencies. But this shall give you a delight,
Total wrong. France isn't planning to ban cryptocurrencies and never was.


it is accepted but its also useless

because bitcoin cannot be transacted
How come that bitcoin cannot be used? Can you be specific with what you have said?


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March 03, 2018, 09:08:36 PM
 #11

i think, in the near future the european union will pick a common coin like Euro and it is going to be used in commerce between Union countries.
They can pick Ripple because of centralizaiton. it is not a dream i think.
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March 03, 2018, 09:13:56 PM
 #12

As far as I know there is no official announcement from France. Please provide a link if there is any.
There was only a news about the discussion at G20 summit which will be held soon. France didn't announce that they want to ban bitcoin. They want to talk about it at G20 summit.

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March 04, 2018, 08:17:17 PM
 #13

i think, in the near future the european union will pick a common coin like Euro and it is going to be used in commerce between Union countries.
They can pick Ripple because of centralizaiton. it is not a dream i think.
Most of the EU countries are already using Euro (except UK and some countries on the eastern part of EU) so Euro is already used in the Union countries. Or you mean that they will create a cryptocurrency version of the Euro and will use that instead of the current system?
I'm not sure about Ripple, I don't think that an existing coin will become a common new currency for such a big Union...
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March 04, 2018, 08:30:46 PM
 #14

They warn because bitcoin is very risky asset and investors especially new ones can lose their money, and it is especially about ico as they most are not regulated. Bitcoin is risky but not be nanned.

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March 04, 2018, 08:48:19 PM
 #15

This is the year of regulations around the globe and i do not see any countries banning it,with the rally we had in bitcoin last year,no country could ignore it and that was the negative effect of the rally we had,hopefully we will see negative news that would drive the market down too,what ever it may be major countries will accept the new market.
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March 04, 2018, 08:54:44 PM
 #16

Depends on a country. Look at Switzerland. They know their shit about money for years and they are famous about it. Now they are accepting cryptos of course. About France I never heard they wanted to ban crypto but I guess you have other source...
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March 04, 2018, 08:59:04 PM
 #17

i find it really strange that in these days of calls for closer integration, tax and finance regulations are still absolutely all over the place in europe. i dunno how they plan to take on the world if they're still competing with each other for business.

if there ever is more federalisation then europe tends to follow germany's lead. germany is the daddy and always will be. it's kind of odd how relaxed they are about bitcoin taxation but if i were german i certainly wouldn't be complaining.
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March 04, 2018, 09:00:37 PM
 #18

Germany showed a great example for other European countries to allow Bitcoin.
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March 04, 2018, 09:04:06 PM
 #19

i think, in the near future the european union will pick a common coin like Euro and it is going to be used in commerce between Union countries.
They can pick Ripple because of centralizaiton. it is not a dream i think.

if Ripple would become a coin of Europe it would be amazing!  Cool
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March 04, 2018, 09:04:22 PM
 #20

What will be the outcome of the G20 discussion on cryptocurrencies this month?

More regulation and government interference. This is what will happen at G20.

I think regulation it is nessesarry
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