Weekend Roundup: Glenn Beck Voices Support for Blockchains, EU Tax Issues Loom, and BTC Retail Store Opens in SF
Weekend Roundup from Cointelegraph
On Tuesday, Ian DeMartino reported that American TV personality Glenn Beck was next in the long line of noisy people who had hitched their political agendas to Bitcoin and its underlying technology.
Those that hate him likely aren't going to change their opinion on Bitcoin because of him one way or another, but those that love him and were on the fence about Bitcoin might have just gotten a push into the field.
On Thursday, Charlie Richards reported on legislation at the EU level that could potentially affect hundreds of millions of Europeans, should they begin to use bitcoins.
A reclassification of how Value Added Tax (VAT) is to be applied in the EU will force merchants to log users' location, and make the user pay VAT twice. In particular, this could mean that from January 1 merchants could be forced to log identifying details about bitcoin users' identity in order to apply the tax correctly.
On Monday, Diana Ngo reported on a brick-and-mortar store called Nakamoto’s, which just opened inside of a coworking space in San Francisco.
Nakamoto's tech retail store follows the initial concept behind Purse.io, but in brick-and-mortar format, and aims to give more practical uses and applications for the digital currency on a local scale.
On Tuesday, Diana Ngo reported on a company that has very fir