Re:Why Germans pay cash for almost everything
by killercup on Tuesday August 08, 2017 @10:19AM
(#14957963)
Yes, I learned about the Weimarer Republik and it's economic issues in school in Germany. (I guess it was in 8th or 9th grade and that history class was mandatory.)
[ Parent
| on HN ]
Re:Why Germans pay cash for almost everything
by discombobulate on Tuesday August 08, 2017 @11:01AM
(#14958483)
Looks like the Bitcoin laws are v favourable in DE. You can pay taxes in BTC(!) & BTC is a unit of account[0]. That makes sense if the memory of WR hyperinflation is written to the citizens' mind.
[0] https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country...
Re:Why Germans pay cash for almost everything
by germanier on Tuesday August 08, 2017 @12:45PM
(#14959673)
You can't pay your taxes with Bitcoin (the Wikipedia author probably means something else?). You can't even pay most tax in cash even if you wanted to. Bank transfer in EUR is the only way.
Re:Why Germans pay cash for almost everything
by icebraining on Tuesday August 08, 2017 @01:06PM
(#14959899)
The Wikipedia author cited a quite unclear CNBC story that said that bitcoin "can be used for tax and trading purposes".
From what I can tell from other sources, what it really means is that one must pay VAT when purchasing stuff with it.