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Mon Aug 19, 2013, 11:45 PM

Bitcoin Bites: Germany recognizes digital currency as 'private money'



RussiaTodayˇPublished on Aug 19, 2013

Bitcoin is slowly joining the big league of currencies. Germany has become the first country to accept the digital money as legal tender - recognized in law and for tax purposes. Katie Pilbeam from RT's Venture Capital program explains.

Read More: http://on.rt.com/qeptyy


- It would seem that the drain is now unclogged.....


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Reply Bitcoin Bites: Germany recognizes digital currency as 'private money' (Original post)
DeSwiss Aug 2013 OP
dixiegrrrrl Aug 2013 #1
DeSwiss Aug 2013 #2

Response to DeSwiss (Original post)

Tue Aug 20, 2013, 04:47 AM

1. I really have mixed feelings about this.

Bit coin is not backed by anything of value..it is more like stock, and has seen its price go up and down.
On the other hand, it is the grand daddy of crypto currency, and very popular...

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Response to dixiegrrrrl (Reply #1)

Tue Aug 20, 2013, 03:05 PM

2. And you've also pretty much.....

...described the dollar.

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