Bitcoin caused a stir in 2016 in Spain
The past year 2016 was one in which
Spain gave much to talk about blockchain technology. For example, on 23
September it was announced that natural or legal persons who are engaged in
mining bitcoins and other criptocoins will pay taxes because mining will be
considered as an economic activity.
In this sense, it is worth noting a
little beneficial news for the Bitcoin community, since the Spanish authorities
dismantled 6 mining centers in different cities in Spain. Although it may be
said that the money invested in these mining equipment originated from other
illegal activities, the news was presented by some media in an incorrect way
that damaged Bitcoin's reputation in the country.
The 26 of September of the year it
was known that Spain became European leader excellence in investments in
technology blockchain refers, thanks to answers that gave the Tax Agency of the
country to questions on the fiscal treatment of the activities that have to see
with cryptocurrencies and blockchain technology.
On the other hand, the recent
measure taken by the Spanish government to limit payments made in cash to a
thousand euros has led to the adoption of Bitcoin in Spanish territory, which
has evidently achieved an increase in the demand for criyptocurrency, which at
the same time increases the value of
Bitcoin in the country.
This event has encouraged the
Spanish population to become more and more familiar with the Bitcoin ATMs in
the country. This year saw an increase in Bitcoin ATMs in Spain by companies
such as ATMs Bitcoin, BTCfacil, and BTCPoint, which has led Spain to become the
fourth country with the largest number of Bitcoin ATMs in the world, with An
approximate of more than 30 cashiers, which undoubtedly has boosted the
adoption of Bitcoin in Spanish territory in full
Another reason that has led the
Spanish people to take into account that the value of this already broke the
value of the ounce of gold which was the favorite asset to safeguard the value
of money and to avoid devaluation
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