Ohio U.S.A. Now Accepting Bitcoin As Payment For 23 Types Of Taxes! What Does This Mean For The Price Of Bitcoin?steemCreated with Sketch.

in bitcoin •  6 years ago  (edited)


techcrunch.com article, written by Jonathan Shieber

The price of bitcoin seems to be on a fire sale right now, slumping to a low not seen in a while. But breaking the media and internet right now from sources of all sorts is that the state of Ohio is now accepting Bitcoin as a form of payment for corporate taxes. As this is just breaking, what do you think will happen to the price of bitcoin if this becomes a more mainstream idea? What are your thoughts on paying TAXES using crypto, seemingly making it an oxymoron? I would love to hear what YOU, the steemit community at large, have to say. The source by techcrunch is linked below the photo but for several other sources, I have linked them below.

https://techcrunch.com/2018/11/25/ohio-becomes-the-first-state-to-accept-bitcoin-for-tax-payments/

https://www.wsj.com/articles/pay-taxes-with-bitcoin-ohio-says-sure-1543161720

https://www.cincinnati.com/story/news/politics/2018/11/26/ohio-becomes-first-state-accept-bitcoin-taxes/2112697002/

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6 years ago by

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      ·  6 years ago (edited)

    This post contained some typos in its mentions that have been corrected in less than a day. Thank you for your quick edit !

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        ·  6 years ago 

      edited the information out as it was not a member of steemit, simply an extra way of sourcing the author of the article.

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          ·  6 years ago 

        Congratulations @csusbgeochem1! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

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            ·  6 years ago 

          Howdy sir csusbgeochem1! Wow I thought with those tags some experts would have shown up by now. I'm surprised to hear this news but it has to be good, that's a major step into legitimacy I would think don't you? It should be ineresting if you can keep track of how this plays out there..,.like how many people will pay with Bitcoin? Very good post sir!

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              ·  6 years ago 

            Sorry for the late response I was traveling back home and have since unpacked. I agree with you on it being a major step. Its odd that it would come at a time when Bitcoin is at a low. And having a state be a large holder of bitcoin would be worrying. I will make sure to follow up on some statistics in the future. Thanks @janton!

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                ·  6 years ago 

              Congratulations you won last weeks Mystery Photo Friday contest!

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