Post
Topic
Board Bitcoin Discussion
Re: Are you in support of paying your taxes in Bitcoin?
by
L00n3y
on 13/03/2018, 03:54:41 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?
It is a very good news if governments do accept bitcoin to pay our taxes and it will be a start for bitcoin to go mainstream but i would not pay my taxes with bitcoin because it would be a way for government to slowly chip away my holdings.