Germany recognized the bitcoin

[cherrymobile]

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?

Good to here that. Cause that is the good news for today. Government in Germany knows how our cryptocurrencies work and the real purpose of it. Somedsy here in Philippines too. I wish someday they will not be banned those cryptocurrency cause this is our lives this is our faith. I will fight it

[marinakofoleva]

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 very good news. Given the fact that Germany holds the whole of Europe in its hands, other EU countries should follow Germany now. Apart from those who have already supported, the Netherlands, Switzerland and Estonia. Soon, the States will understand that it is impossible to control  bitcoin, the state itself needs to create similar coins on the blockchain instead of fiat money

[pendekar cinta]

I think that there will be many other big countries that follow in his footsteps to immediately accept the existence of bitcoin officially so that makes the comfort for someone if you want to invest in the world of cryptocurrency and make the country can be in to advanced when the population can live prosperous.

[vv181]

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's a really good news,especially that German taxes are already high on other things (I think 60% for salaries?),it's a good move to cancel taxes for cryptocurrency so that they encourage investors to adopt this new technology.
Meh,I wish that more countries doact smart like Germany and support cryptocurrencies.

Edit:Can you give the source please?

Here is the legal documents source.
https://www.bundesfinanzministerium.de/Content/DE/Downloads/BMF_Schreiben/Steuerarten/Umsatzsteuer/Umsatzsteuer-Anwendungserlass/2018-02-27-umsatzsteuerliche-behandlung-von-bitcoin-und-anderen-sog-virtuellen-waehrungen.html

It is indeed a pleasure watching a country is fully accepted cryptocurrencies, and it's not taxable. Wish all the governments having the same thought.

[Kola]

Germany is the strongest economy in Europe, so their example is good, they wont do any shit if it is no good for them.

[richardsNY]

Germany is the strongest economy in Europe, so their example is good, they wont do any shit if it is no good for them.

Germany has indeed the strongest economy within the Euro Zone, but they also deploy a ticking time bomb (Deutsche Bank) that might soon cause a world wide depression. People don't realize how much of a danger that bank is to the world economy, but when they will finally realize it, it's probably when the bomb has exploded already. Most people will only realize what's wrong with something, when it doesn't work anymore, and that's actually very dangerous. If you don't hedge the regular economy because you can't or don't want to see what's wrong with it, you'll find yourself in a horrible losing position....

[sinandd]

Bitcoinin saman alevi olmadigini gosteriri acabalar akillardan cikar bir devlet ki bu almanya duzenini kuruyoraa siz simdi gorun bitcoine neler olacak

[maianh09]

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 great news for the electronic money market. Almost every country has recently adopted Bitcoin. The governments of these countries have trusted and acknowledged that electronic money is safe for everyone

[Herbys]

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 very good and will help revive interest in Bitcoin, which has already declined. Since the beginning of the year, according to Google Trends, requests with the word "Bitcoin" have decreased by 75%.
Good news will lead to a price increase.

[cryptojac17]

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 great news for the electronic money market. Almost every country has recently adopted Bitcoin. The governments of these countries have trusted and acknowledged that electronic money is safe for everyone

Country which is a highly industrialized always adopted new  innovation, like Germany and Japan, they welcome the proliferation of cryptocurrency in their country, because they know what are the benefits of it and make their country readily adoptable to any changes.

[qiqide]

 I think that this decision was really wise and reasonable. Germany will benefit from this decision. I am sure that this will happen soon. I know that in the future btc will take number one place and become the main currency in many countries

[bitllionaire]

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 very good news. Given the fact that Germany holds the whole of Europe in its hands, other EU countries should follow Germany now. Apart from those who have already supported, the Netherlands, Switzerland and Estonia. Soon, the States will understand that it is impossible to control  bitcoin, the state itself needs to create similar coins on the blockchain instead of fiat money

Yes that is right that it is a very good news for bitcoin and other crypto currencies, bitcoin in fact need some support from strong countries and which will surely increase the popularity of bitcoin and will surely increase the interest of the people in bitcoin.

[redsun114]

Yes Germany recognized the bitcoin and Germany is the frist country to legally recognized the virtual currency Bitcoin. Its a good opportunity for German peoples, they can easily use Bitcoin for pay tex and treading.

Germany recognized it too late, they realized it very late as we know that Germany is one of the developed countries and we saw that other developed countries recognized this currency years ago and are using it for economic purposes.

Germany got very huge time to recognize the Bitcoin, however this decision proved that Bitcoin is a genuine and the most profitable currency and will benefit Germany too.

[BulbaLord]

In my own opinion that is a good news. And  it is good to know germany recognized bitcoin.  Because it can help the Economics of thier country  and i think germany is a good country investor.

[almaerk08]

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 another achievement for the bitcoin world. This is really amazing. I think Germany is a good country and many investors would like to join here.

[Rossy Akbar]

Germany was one of the best country for the economy also, I think it was really good when bitcoin was acceptable in there which is can affect europe union economy's.

[wantjokull]

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?

I would have said that it’s normal thing if it was just accepted as legal tender. But after reading that they are not going to tax the crypto currency transaction I got excited to know more about this. I mean that’s just making the Germany best country if they are not taxing it and people in their will love it a lot.

May be this will call for heavy transactions from the Germany side now and it could happen that many more crypto based projects will be formed in this country. :-)

[miyaka26]

It is very happy that many big countries have accepted the existence of BTC

The same thing with the bans and regulations of some countries including the high rates of tax to cryptocurrency like they don't press high rates of tax to other digital currency but made an exception to this one, good thing Germany did not follow the footsteps of the other countries towards bitcoin hoping it will last long and other countries might follow this example, next time you should put the source link or the website of the OP.

[DMCR lah]

Germany is a very advanced country, so receiving bitcoin is a great way to market bitcoin and the whole cryptocurrency market.

[pellor mas]

I believe that Germany is very satisfied with this process, especially the investors who make trades and transactions to FIAT.