Waves has been in touch to tell us that the company acknowledges Bitcoin, the world's most popular digital currency, as a valid currency for purchasing Waves products.
The Waves website cart section will feature a Bitcoin logo as a payment option alongside credit cards, PayPal etc.
Gilad Keren, Waves CEO and Co-Founder, told us, "Waves Audio Ltd. is announcing today that we will accept Bitcoins for all our products, effective immediately. In order to mitigate the current volatility of the exchange, the Bitcoin exchange rate will be calculated to the sliding 24-hour average at the time of purchase."
[based on the average rate from this site: https://bitcoinaverage.com/#USD|nomillibit].
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Are they tax and VAT free if pruchased with this currency?
10-Jan-14 07:30 AM
@Synth_Fan They still have to pay tax on income from BTC.
12-Jan-14 01:26 PM