from Sovereign Man:
It was just last week in the Land of the Free that a Federal judge declared Bitcoin to be a currency.
And almost immediately after, the SEC announced ‘investigations’ into the digital currency.
(You remember the SEC, the guys who are tasked with protecting the public from dodgy investments… yet they routinely give their blessing to the likes of Madoff, Enron, toxic mortgage bonds, etc.)
This seems to have started a chain reaction.
Yesterday the German government took formal steps to recognize Bitcoin as form of ‘private money’, and subsequently rolled out steps to tax it.
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