3 days agoSoon you can pay taxes with Bitcoi
Periskopi(8 years ago)
(8 years ago)Digital coins have so far been used in several locations to buy airline tickets, furniture, music and as far as pizza. But soon you can also pay taxes. At least that's how lawmakers in Arizona, U.S.A. seem to decide. A decision that would revolutionize the way the state [...]
Digital coins have so far been used in several locations to buy airline tickets, furniture, music and as far as pizza. But soon you can also pay taxes.
At least that's how lawmakers in Arizona, U.S.A. seem to decide. A decision that would revolutionize the way the state conceives and interacts with cryptomoneds. According to reports from “Fox News” and “New York Post”, a bill expected to be passed, would recognise Bitcoin and other cryptoid status, not calling it product. While a second law would enable all tax collectors in Arizona to pay off their obligations to the state with Bitcoi.
The message we want to send to other states within the US and worldwide is that Arizona is the right place for electronic money technology”, said a representative of the Arizona State Congress, Jeff Weninger. According to him, this law would make paying taxes easier for people.
A study of “University Cambridge” showed that there are about 5.8 million unique accounts of crypto notes in the world today. In 2010, the price for a Bitcoin was only 6 cents, but today it is estimated to be $9300. It reached May 16 December last year, estimated over $19.
