Post
Topic
Board Economics
Re: New Hampshire bill to allow taxes to be paid in Bitcoin falls short
by
The Pharmacist
on 17/01/2020, 14:31:46 UTC
We're going backwards partly because people are hoarding their cryptocurrency instead of using it.
Nah, I don't think so.  As the article said, it wasn't really a service people were demanding--and would you really want to pay your taxes with bitcoin?  I wouldn't.

When gold & silver were on fire back in 2010-11, I remember Utah making it legal to accept metals as currency or some such thing, and this sort of reminds me of that.  People aren't having trouble paying their taxes with fiat and I'm not sure why this bill was introduced in New Hampshire in the first place.  It just doesn't make sense to me--you can bet the NH government isn't going to want to hold bitcoin and I'm sure a payment processor would have to be involved as a middleman. 

No big deal IMO.