2G·

Müller accepts Bitcoin?🤔

I've just been to Müller and the receipt says that you can pay in the stores with $BTC (+0,52%) in the stores.

Is this new or has it been around for a while? At least I've never noticed it before😅

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But we won't voluntarily hand over any Bitcoin.
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@Tenbagger2024 I've already paid with Bitcoin a few times :D Of course, it would have been better to spend euros😂
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@stefan_21
It would be interesting to find out which service provider is behind this.
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@Tenbagger2024 yeah no idea... At least "Quppy" doesn't mean anything to me😅
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@Tenbagger2024 should have done every MAL to understand his tool.
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@stefan_21 how do you deal with the tax etc. when you pay with BTC in DE, because of FiFo, holding period, your Hodl portfolio etc., if I may ask? It's bad enough for me to have all the data ready, to be able to show it and prove it if something should happen. Just for my BTC holdings for Hodln, with different savings plans that have been running for years, across several exchanges and wallets, with profit-taking from time to time. Adding in activities like that would pretty much break me... 😅
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@J0HN Don't go crazy :D If you hold Bitcoin for more than 1 year, you can use it like money. Then these are not tax-relevant transactions and you don't have to declare any of them in your tax return.
I personally use CoinTracking, so I import my transactions from time to time, but so far I've only ever made sure not to carry out any tax-relevant transactions. As a result, I have never declared my transactions in my tax return. And if there are any questions, I'll leave the CoinTracking report out :)
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@Tenbagger2024 Makes total sense for a supposed currency
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@Soprano
Always hand over the euro or dollar first. Both are significantly more at risk of inflation. We won't let gold and Bitcoin out of our hand
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@Tenbagger2024 moin, can tell you about my tax model related to crypto, if anyone is itching. 2-3 years ago I simply started saving 100€ weekly in the savings plan on Relai, for example, it always says transaction time, value in euros at the time and today's time etc. after 1 year this transaction is tax-free and can be realized weekly! through purchases or other conversions! plus coin tracking and you have everything together without gaps. the model does not fit everyone!
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@HyFive
Sounds interesting
Visualizza tutti 15 ulteriori risposte
immagine del profilo
But it's also just a publicity stunt if they do it via a payment service provider. Then you effectively sell Bitcoin and Müller receives euros, right?
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@SchlaubiSchlumpf Yes, of course, I assume that too. Euros will probably go from the payment service provider to Müller. Otherwise it wouldn't be so easy from a tax point of view.
But at first I looked stupid when I saw the Bitcoin logo on the receipt😂
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@stefan_21 yes, the only way to legally offer Btc payments in Germany is to convert them into euros anyway.

But I didn't look too bad when I discovered the Bitcoin symbol on the flyer of our Vietnamese restaurant.
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@SchlaubiSchlumpf There was actually a Vietnamese shop near me that accepted Bitcoin. The owner always kept the Bitcoin himself and then put the euros in the till out of his own pocket. He said that was his savings plan and that someone paid with Bitcoin about once a week😅
But unfortunately the restaurant no longer exists
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@stefan_21 closed due to wealth?😉
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@Pazi3 possible😂 I have no idea - suddenly he was weg🤷‍♂️
If that's the case, he's welcome to it
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@Koenigmidas Why didn't anyone notice this?
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@Koenigmidas it's funny, that's been the case since November😂
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@Koenigmidas
$QB7 is behind it, Quppy is part of it
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@stefan_21 What do you think of twenty one Capital?
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@Koenigmidas I find it very exciting. Especially with Mallers at the helm, it has potential.
I'm curious to see how they will approach this without any core business and which markets they want to enter or whether they will simply copy the Strategy Playbook or launch new products on the market :)
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This is not a problem for the market from a tax perspective. You pay from your wallet with a few satoshi, the app converts this into fiat and pays out to the market.
So no risk for the market. The market receives fiat and pays tax on it.

It could be difficult for the buyer. Especially since the buyer can hardly prove FiFo, because he first has to send BTC from his wallet (cold wallet in the best case) to the Quppy app. BTW I don't know this app either.

But I think it's a good move to make BTC socially acceptable and could increase acceptance.

I think it's similar when I make purchases with my credit card in the USA. It also converts from dollars to euros.

Have a nice Sunday.
Carsten
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Interesting, didn't notice it at all and I'm a regular at Müller. Let's see if this works 😁
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Which miller was that or is it just advertising for quppy
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@Koenigmidas Müller in the Riem Arcaden :)
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The fact that they didn't exploit this for advertising purposes...
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