That is a positive news coming from Germany and I also hard that the Isreali supreme court has ordered the banks to lift the ban place on customers account restricting them from purchasing bitcoin/cryptocurrencies using they bank account. And now Germany ministry of finance stating clear of not taxing bitcoin this will help in the general acceptability of bitcoin and other cryptocurrencies as their will now be view as a safe avenue to carry out financial transactions. I know is just a matter of time before bitcoin will be generally accepted not only by members of the societies but also by countries of the world due to bitcoin economic advantage.

I applaud the Germans for moving in this direction. Hopefully, the authorities in Canada and the US will follow suit.

According to the article it is a taxable when crypto is exchanged into a fiat currency, While the exchanger will not put the tax. While transaction with bitcoin for purchasing something it might be taxed. I strongly support what has been done by the German government at least they do not banned bitcoin and crypto as has been done by several countries in asia.

I love this development from Germany, they are always very supportive of new and rising technology. Yes, I agree with that bitcoin usage will rise since its government that is very supportive. Next to this , we will witness more shops sprouting to accept bitcoin on their front display.