Why are central banks in such a hurry to declare Bitcoin "not a currency"? It's like governments declaring in early 90's that the Internet is not a venue for commerce, or something like that. My guess is they have their own ulterior motives.<p>I really don't like Bitcoin being named a commodity because that means it could be taxed VAT. Getting taxed VAT just for receiving Bitcoin is pretty ridiculous . It's one thing to be taxed VAT for the <i>products</i> being sold for Bitcoin, and quite another to tax <i>both</i> Bitcoin and the product you're buying itself with VAT.