Bitcoins Officially Recognized As A Legal Form Of Private Money In Germany

By Stephen Fuchs on Email @StephenWFuchs

Bitcoin, the new and often controversial digital currency, has just been ruled as an official “unit of account”, or in other words a form of private money, in Germany by the Federal Ministry of Finance. ¬†While this doesn’t mean Bitcoins will pose a threat to the euro, it will be …

Stephen Fuchs
Stephen founded German Pulse and LGBT Germany out of a passion to introduce Americans to a Germany that goes beyond beer and polka (although with enough beer he has been known to polka it up a bit). He's a coffee addict, lover of wine and good times, a hit in the kitchen and editor of TV commercials. You can follow him on Twitter (@StephenWFuchs) to find out a lot more.
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