Post
Topic
Board Bitcoin Discussion
Re: Are you in support of paying your taxes in Bitcoin?
by
BlackRacerX
on 12/03/2018, 23:23:00 UTC
Recently, Georgia is trying to pass a bill allowing payment of taxes in Bitcoin.

Bill GA-SB464 ?requires the state revenue commissioner to accept cryptocurrencies for payment of taxes and license fees.?
This allows for people in Georgia to pay their taxes and license fees in cryptocurrencies.

For more info on Georgia's stance, see https://stopthefud.wordpress.com/2018/02/24/georgia-bitcoin-taxes/

But do you think paying your taxes in Bitcoin will be a good thing for Bitcoin? Or is it another way the government is trying to take our Bitcoin?

I do think paying your taxes in bitcoins is actually a good thing for the industry of bitcoins but for owners, I wouldn't recommend it to anyone investing on bitcoins. The government has its own intentions but I guess it is one way to get a hold of bitcoins from its citizens. Nice try, US Government.