German TV Calls Bitcoin ‘Digital Gold’
Well known publicly owned German TV channel, Das Erste, recently aired a full feature report on the digital currency bitcoin, referring to it as ‘digital gold.’ In the broadcast television show, Das Erste produces a detailed report on bitcoin and how people within Germany are using the currency to pay for everyday items. An interview with Martijn Wismijer, who is well known for having his bitcoin wallet implemented via a chip in his hand, sees him demonstrating its use to the reporter. In the report, he states: I’ve had a chip implant since 2014. You can hardly see it, but here is the....
Related News
Bitcoin, being referred to as digital gold, is nothing new, as proponents have, for the longest time, expected the digital asset to replicate gold’s growth. Currently, the market cap of gold is more than 20 times that of BTC, but that has not changed the expectations that BTC will eventually be the bigger asset. This […]
Gold’s price climbed to new all-time highs in mid-October, breaking above $4,000/oz for the first time in history, before eventually reaching a peak of $4,342/oz. The yellow metal’s rally came at a time when BTC was enduring a flash crash that pulled its price down to $101,000 very briefly. This contrast between gold’s strong rise […]
One of Germany’s oldest and well known publicly owned television channels Das Erste recently aired a full featured news report on bitcoin, referring to the cryptocurrency as “digital gold.” A German Reporter Learns that Bitcoin Gives Individuals a Banking Choice, Being Your Own Bank. In a recently broadcast television show a Das Erste reporter provides....
Article updated on August 19th at 14:31 (BST). The German ministry of finance (Bundesministerium der Finanzen) has officially recognised bitcoin, mentioning the digital currency in a reply to an inquiry in parliament. "The German Ministry of Finance does not classify bitcoins as e-money or as a functional currency, they cannot be regarded as a foreign currency. Nevertheless they have to be subsumed under the German term of 'Rechnungseinheit' as a financial instrument," Martin Chaudhuri, of Bundesministerium der Finanzen, told CoinDesk. German news website Die Welt reports Member of....
So the news that Austrian digital currency start-up Coinimal had added a new bank transfer service to its platform hit press today via a Reddit post from the company. The company has added GIROPAY to its instant payment offerings - a German-based Internet payment system. The system is the most popular method of transacting online in Germany, and is a step forward for both bitcoin space as a whole and the digital currency environment in Austria. From the post: Hey guys, We, https://coinimal.com, have added GIROPAY, the German instant bank transfer service to our platform. Austria has been....