Bitcoin as Private Money in UK

[nopara73]

http://www.ibtimes.co.uk/hmrc-re-classify-bitcoin-private-money-1432718
Good news.
Not only because the UK will consider the bitcoin as private money. It is good, because the country changed its view of bitcoin. It shows us that the countries can reconsider their standpoint in the positive direction.

[Gator-hex]

It's probably only so they can tax it.

But on the positive side that means courts/police will have to take your Bitcoin contracts/thefts seriously.

[BlockChainLottery]

Doing away with double taxation

Explaining how bitcoin is currently treated as a voucher in the UK, Asquith told Coindesk: "If you went to Marks and Spencer for example, and bought one of their gift vouchers, you pay 20% VAT on that. When the voucher is used, the buyer has to pay 20% VAT on what they've bought. So vouchers are a form of double taxation."

Always better than double taxation.

[Lethn]

We need to see if the other news outlets will pick up on this, I'm more cautious now but it is good news I want to know whether this is all real though because we've seen bullshit articles before.