Germany Won't Tax You for Buying Coffee With Bitcoin

While in the US, using bitcoin may trigger a taxable event - Germany, has taken a different stance - it's just like any other currency!

This is a huge signal to the crypto-world. Germany is welcoming users of digital tokens, and could reap quite the benefit. Those with crypto to spend will consider Germany a prime market, and the government will still collect their value added tax on purchases.

Of course, the VAT is nowhere near as burdensome as a capital gains tax.