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Comment by discombobulate | Hacker News Reader

Did you learn about the inflation @ school? In the UK we weren't taught about the Weimar Republic's hyperinflation (in education up to 16 y/o). My friend who did history @ a more advanced level was, however.

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It's part of the GCSE curriculum, which is examined at age 16.

http://www.bbc.co.uk/schools/gcsebitesize/history/mwh/german...

(Please write "at".)

I don't remember that. @.

I'm downvoting this because you didn't write

  I don't remember th@.

Too good!

Yes, I learned about the Weimarer Republik and it's economic issues in school in Germany. (I guess it was in 8th or 9th grade and that history class was mandatory.)

Looks like the Bitcoin laws are v favourable in DE. You can pay taxes in BTC(!) & BTC is a unit of account[0]. That makes sense if the memory of WR hyperinflation is written to the citizens' mind.

[0] https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country...

You can't pay your taxes with Bitcoin (the Wikipedia author probably means something else?). You can't even pay most tax in cash even if you wanted to. Bank transfer in EUR is the only way.

The Wikipedia author cited a quite unclear CNBC story that said that bitcoin "can be used for tax and trading purposes".

From what I can tell from other sources, what it really means is that one must pay VAT when purchasing stuff with it.

Really? It's standard in Portugal, as part of the context of WWII. My textbook even had a picture of people with a pile of bills.

Mea culpa.

I think I'm wrong here.

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HN throttles comment time. Annoying. I don't want to give away my ideas/time enough to tolerate shit like that!

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