Recommend A bank account

[Thor]

I'm being quoted out of context , you forgot to add the "as far as I am aware" part. Can you correct me as to where I am wrong.

http://www.treasury.gov.za/comm_media/press/2014/2014091801 - User Alert Virtual currencies.pdf

 

[Thor]

It's monopoly money

 

[Mystic Twilight]

It's monopoly money

Well for monopoly money, it sure is valuable and easy to use to buy foreign currency without going through the bank.

So can someone comment on this website regarding bitcoins and sa exchange control.

 

[Thor]

Well for monopoly money, it sure is valuable and easy to use to buy foreign currency without going through the bank.

Exactly.

Hence why I mentioned it

 

[Thor]

Well for monopoly money, it sure is valuable and easy to use to buy foreign currency without going through the bank.

So can someone comment on this website regarding bitcoins and sa exchange control.

I'm saying in the eyes of SARS it's monopoly money or Tokens.

 

[Thor]

Yea that guy fails to understand that bitcoin is not recognized as tender in South Africa by SARS thus his whole article is flawed.