Post
Topic
Board Press
Re: [2018-11-27]Ohio Ready to Accept Bitcoin for Tax Bills
by
Slow death
on 29/11/2018, 12:08:25 UTC
This acceptance is based on a third party who accepts BTC and sends the government money in US dollars "BitPay".

this is the only way, imagine if they charged $1000 in bitcoin when the price of bitcoin is $10,000 and days later the price of bitcoin drops to $4000, at that time they get high losses. this high volatility of bitcoin do not allow bitcoin to be used as a means of payment. In the future when the market is too big I believe they will use bitcoin as a means of payment



is a good step and I hope that in the future they will accept payment in bitcoin without using third party