[2014-08-29] Bitcoin could be considered legal tender, Australian tax official s

[ganabb]

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.

[gmx95]

This seems to contradict their own guidelines published last week where they said that bitcoin is "not a currency", but "an asset".

[Rampton]

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.