[2014-08-29] Bitcoin might become money, says Tax Office

[epere]

http://www.brw.com.au/p/business/bitcoin_might_become_money_says_PWgFfk3KR80TEaWuRLQ52I

People who use Bitcoin as everyday cash may, from next year, be charged goods and services tax by their supplier.

There are 13 million Bitcoins in circulation around the globe, with a market value of $US6.4 billion ($6.9 billion). About 7 per cent of the coins in circulation are believed to be held by Australians.

[aigeezer]

"BTC might become blah blah". Nah, BTC is what it is. Governments might adapt to it (or not).