Post
Topic
Board Bitcoin Discussion
Re: A city in Canada is letting people pay taxes in Bitcoin
by
Zadicar
on 16/04/2019, 18:25:16 UTC
This is great for Bitcoin adoption! Innisfil, Ontario in Canada is now accepting property tax payments in Bitcoin:

https://www.youtube.com/watch?v=-YdQ2LOuduI&feature=youtu.be

I am surprised! I believe, few months back Canadian banks have started closing/freezing accounts if they are suspected to have dealt with cryptocurrency! I still found few news links about it,

https://www.reddit.com/r/Bitcoin/comments/888d25/cibc_bank_closes_down_my_account_for_trading/

https://www.trustnodes.com/2018/04/03/local-bitcoin-trading-volumes-spike-canada-bank-bans

Now it's a complete turn about from the previous stance! I doubt the authenticity of this news!



A complete U-turn?

This can happen time to time yet decisions and views would be reverted if they wanted to.This adoption shows some progress that it can really be used on these kind of transactions.
Hope they wont revert this once again.