Bitcoin (BTC) Rises 4.5% On Fresh Breathtaking News from Germany


17 Nov 2023 12:50 PM

Bitcoin price goes up as a German parliament member wants to make Bitcoin a legal tender in the country and ban digital Euro...

  • Joana Cotar, a member of the German federal parliament Bundestag, has proposed introducing Bitcoin as a legal tender in Germany.
  • She aims to create a legal framework that would allow Bitcoin to become a German legal tender while ensuring a well-balanced regulatory environment.
  • Cotar wants to protect the freedom aspects of Bitcoin while preventing illicit activities associated with cryptocurrencies.
  • She has started the initiative "Bitcoin in the Bundestag" to promote the benefits of Bitcoin to other parliament members.
  • Cotar opposes the creation of a digital Euro and believes that only Bitcoin should be used in Germany due to its decentralization and potential for financial freedom and privacy.

The sentiment of the article is generally positive towards Joana Cotar's proposal to introduce Bitcoin as a legal tender in Germany. It highlights the potential benefits of Bitcoin and emphasizes the importance of protecting its freedom aspects while addressing concerns about illicit activities.

Go to publisher site

You May Ask

Who is Joana Cotar and what is her proposal regarding Bitcoin in Germany?What is the purpose of Cotar's initiative "Bitcoin in the Bundestag"?Why does Cotar oppose the creation of a digital Euro?What are the potential benefits of using Bitcoin as a legal tender in Germany?How does Cotar plan to address concerns about illicit activities associated with Bitcoin?

Suggested Reads