Debtfree Magazine January 2018

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BITCOIN & CRYPTOCURRENCIES IS BITCOIN MONEY? Now, you might think that the answer is simple, but smart Judges in Courts around the world have disagreed. Even many countries disagree. In some pretty pivotal cases in the US, it has been ruled that Bitcoin did not meet the standard of money and thus the accused in those cases walked away scot-free though accused of all sorts of financial misconduct. Subsequently, several states have had to make new laws to take cryptocurrencies into account.
Companies like Microsoft and Dell accept payment in Bitcoin and even universities (like Nicosia University on Cyprus – who were the first) accept student fee payments in Bitcoin and some other currencies. Countries like Japan (since April 2017) and the micro state of Liberland are leading the way in making Bitcoin legal tender (ie. You can’t refuse payment in it). On the other hand countries like Belgium, Switzerland and Finland see Bitcoin as a ‘commodity’ and not a currency and don’t even make you pay VAT on it. Some countries see Bitcoin as a threat to their sovereign currency and have banned its use like: Saudi Arabia, Bolivia, Ecuador, Bangladesh and Kyrgyzstan (Russia is not that fond of it either). In some countries you can use it but never exchange it for the state currency. It is how the oil producing countries must feel about electric cars. They have been in charge for hundreds of years and want things to stay how they are. This new technology threatens that and defies regulation.
Page 1: South Africa’s debt counselling m
Page 5 and 6: We discuss what all the hype is/was
Page 7 and 8: BITCOIN AND CRYPTOCURRENCIES C O NT
Page 9 and 10: “ ” Hand over all the lupins yo
Page 13 and 14: BITCOIN & CRYPTOCURRENCIES WHAT IS
Page 15: We appear in the following courts a
Page 20: BITCOIN & CRYPTOCURRENCIES WHAT’S
Page 24 and 25: Asking if buying Bitcoin will make
Page 26: BITCOIN & CRYPTOCURRENCIES WHAT IS
Page 30 and 31: BITCOIN & CRYPTOCURRENCIES DID YOU
Page 32 and 33: NEWS ONE|SURE WORKSHOP For daily de
Page 34 and 35: NATIONAL CREDIT ACT AMENDMENTS BILL
Page 36 and 37: NATIONAL DEBT COUNSELLING ASSOCIATI
Page 39 and 40: FINDING BALANCE IN 2018
Page 41: Do you feel that if you are not wor
Page 44: FINDING BALANCE IN 2018 THINKING
Page 48: FINDING BALANCE IN 2018 OUR WORK DE
Page 51 and 52: FINDING BALANCE IN 2018 DEFINE YOUR
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Page 56: FINDING BALANCE IN 2018 MAKE FAMILY
Page 60: FINDING BALANCE IN 2018 BALANCE IN
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DON’T WORK WITH AN OUT DATED VERS
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almal se m**r, ek sal dreig, raas,
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South Africa’s leading Debt Couns
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Debtfree Magazine January 2018

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