Countries that use bitcoin as legal currency

1. Before we answer this question, we should first find out what is bitcoin
bitcoin is a virtual currency. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system. Function: bitcoin is a kind of network virtual currency, the quantity is limited, but it can be used to cash out: it can be converted into the currency of most countries. You can use bitcoin to buy some virtual items, such as clothes, hats, equipment, etc. in online games. As long as someone accepts it, you can also use bitcoin to buy real-life items
bitcoin can be traded in the exchange, and people can buy a certain amount of bitcoin with money, but the makers of bitcoin are more general
first of all, bitcoin is an encrypted digital currency that many people can buy. The so-called "makers" refer to those who hold a large amount of bitcoin in an exchange. However, there are many factors that affect the price of bitcoin. People who sell bitcoin in a short time in an exchange will indeed affect the price of bitcoin, But the impact is minimal
as long as the countries that support digital currency can buy certain digital currency in the exchange, there is no way to control those countries strictly.
bitcoin is a technology application of blockchain, bitcoin is a kind of digital currency, we must treat it dialectically, we can't buy it blindly, We must treat bitcoin rationally.

2. Germany
at the end of June 2013, after the German parliament decided that bitcoin would be tax-free if it was held for more than one year, bitcoin was recognized as a "unit of account" by the German Ministry of finance, which means that bitcoin has been regarded as a legal currency in Germany and can be used to pay taxes and engage in trade activities< In August 2013, judge Amos mazant of Texas District Court ruled in a case of bitcoin virtual hedge fund that bitcoin is a kind of currency and should be included in the scope of financial regulation
legal status
bitcoin can still be considered as legal at present. In the world, bitcoin can be regarded as a virtual commodity and protected by law; If bitcoin cannot be officially recognized as a kind of currency by law, it may bring inconvenience to the businesses and indivials who accept bitcoin in tax declaration, because the businesses who accept bitcoin will be regarded as barter transactions, and such transactions are more troublesome than ordinary transactions in tax declaration
at the same time, bitcoin, as a commodity highly similar to currency, needs to meet the demand of anti money laundering. Bitcoin needs to be included in the personal property declaration, banking anti money laundering system, anti insider trading, anti market manipulation and other systems in terms of transaction and possession. Bitcoin exchanges and storage institutions may also need government supervision and licensing. Some fast-growing bitcoin exchanges and payment service providers are actively exploring cooperation with regulatory agencies to bring bitcoin payment into the regulatory framework of anti money laundering and anti-terrorism financing by applying for licenses and actively communicating with regulatory authorities
in Europe, the European Central Bank published a report on "virtual currency architecture", and the French bitcoin trading platform obtained the PSP qualification. On December 6, 2012, the central bank wrote in the report: "this report is the first attempt to provide a basis for discussing the virtual currency system. While these systems may play an active role in financial innovation and in providing consumers with alternative means of payment, they also clearly create risks. " "Because of the small size of virtual currency systems, these risks do not affect anyone other than the users of these systems," the report added The report reviews the history of bitcoin and reviews its basic features, including currency and technical operation.

3. Bitcoin is not a country, but a virtual one. Bitcoin is a kind of P2P digital code. Bitcoin is not issued by specific currency institutions, it is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction.

4. Bitcoin is a kind of digital currency in the form of P2P. At first, Zhongben Cong put forward the concept, design ideas, completed the release of open source software in 2009, and constructed the corresponding P2P network. Its point-to-point transmission means that it is a decentralized payment system. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of money circulation. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million. Bitcoin can be used to cash the currency of most countries. It can be used to buy virtual goods or real goods[ 1] [2] in 2010, a bitcoin was worth 0.25 cents. On February 26, 2014, Joe Manchin asked the US federal government to completely ban bitcoin. From 12:00 noon on January 24, 2017, the three major bitcoin platforms in China officially began to collect transaction fees. By the end of 2017, the price of bitcoin exceeded US $20000[ 3] [4] on November 21, 2018, bitcoin's offer fell below $4100, a 13 month low.

6. Bitcoin, which does not belong to any country, was originally a kind of network virtual currency. On November 1, 2008, a person who called himself Satoshi Nakamoto posted a research statement on a secret cryptography review group, stating his new idea of electronic currency bitcoin came out, and the first transaction of bitcoin was completed. Bitcoin (bitcoin: bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals
the content of this article comes from: financial code of the people's Republic of China: application edition, China Law Press

7. mining is that you help bitcoin network out of the computer to help witness the transaction, and bitcoin network gives you bitcoin as a salary. At present, the attitude of the international community is as follows: to recognize the status of currency: for example, the United States, Germany and other countries that recognize it as a speculative commodity, but do not recognize it as a currency; China and other countries that prohibit the use and trading of currency; Thailand, Russia and other countries that recognize that non recognition has little to do with mining, but it is mainly decided by the national system, just like some countries have freedom, In some countries, only the two countries that do not recognize it are: the prevention of the huge bubble of national speculation and the great risk (most countries have this worry) to prevent the rise of bitcoin from causing the status of the legal tender to be shaken (some countries consider it so).

8. General examination, body fat test, blood routine, urine routine, 11 items of liver function, 3 items of kidney function, 2 items of blood lipid, 2 items of myocardial enzyme, 7 items of fasting blood glucose, 7 items of trace elements, internal medicine, surgery, ophthalmology examination, slit lamp, funs, ear, nose and throat, oral cavity, electrocardiogram, abdominal color Doppler ultrasound, external mammary dialysis
most hospitals can have routine physical examination, but it is recommended to go to the local regular hospital for physical examination, and the price is reasonable.