Bitcoin recognized by Germany as legal tender
„We should have competition in the production of money. I have long been a proponent of Friedrich August von Hayek scheme to denationalize money. Bitcoins are a first step in this direction.“
– Frank Schaeffler, member of German parliament’s Finance Committee
Michael Krieger of ZeroHedge states: „More than anything else, I believe this represents a psychological and cultural step change toward the realities of the future. A more decentralized and freer world.“
Several newspapers reported on the German government officially recognizing Bitcoin as a form of „private money“. The government’s statement was a reaction to formal questions to the government posed by member of parliament Frank Schaeffler.
See the following articles:
Also see articles printed in German newspapers.