Post
Topic
Board Bitcoin Discussion
Re: Are you in support of paying your taxes in Bitcoin?
by
CoPil
on 12/03/2018, 23:46:49 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?

If ever my country will do that, (since they already regulated Bitcoin) I would not support it. The reason why we opt to join the cryptocurrency world is to transact/invest without taxes since cryptocurrencies are decentralized (even if sometimes I think it was not fully decentralized ...). Since I'm not from Georgia, I don't have the right to say lots of stuff but if ever that happens here in m country, a lot of citizens here will definitely complain to the government. Our citizens and me myself would not tolerate such a manipulative act especially if the fees are so high. Anyway, I'm from a democratic country where even online bashers and opinionated people were heard by the govenment especially if they have a great reason, point, or argument.