Debtfree Magazine January 2018

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.