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Good Crypto News: Pay Georgia State Tax In Crypto / Binance Reduce Fees / LitePay CEO Interview
Sources:
https://coinmarketcap.com/
https://usethebitcoin.com/georgia-may-next-state-accept-cryptocurrencies-tax-purposes/
https://legiscan.com/GA/text/SB464/id/1739174
https://twitter.com/cz_binance/status/967924744040235008
https://cheddar.com/videos/litepay-ceo-says-we-might-be-thinking-about-crypto-all-wrong
https://twitter.com/LitePayInc/status/963245378618343424
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@Chris
You didn't go into DGD that deep so I thought I should clarify for the other readers. DGD isn't stable at all. DGD is the stake token in the DAO that sells DGX tokens (backed by gold)
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Thank you for that
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Their roadmap says DGX will be launched end of Q1. I've been looking into buying some gold to diversify. Chris, u used to promote vaultoro. Can they be trusted? I'm thinking about buying physical gold just to be safe.
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Really can't believe how far we've come that we'll soon be able to pay our taxes with crypto. I'm sure that other local governments will follow eventually. Great topics today!
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Tantas críticas, análisis y estadísticas que solo arrojan un aproximado o una orientación, el mundo esta tan cambiante que se refleja en todas las cosas, somos el motor del mundo, todo depende de nuestro ritmo, para bien o para mal. Salut.
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GO BULLDOGS!
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Disclaimer: I am just a bot trying to be helpful.
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Paying taxes and more platforms to use cryptocurrencies as payments will continue to drive the increase in adoption in the space. Governments will continue to add the payment option as it helps add the ease to accept tax payments whichbis always a challenge in certain types of taxes like sales taxes. I’m looking forward to trying Litepay in my day to day just to try how it will work.
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as a lawyer I once thought about online income including steemit whether it can be taxed state. a simple discussion I submit the law of Indonesia is valid. and this tax should also be beneficial to many people and not just to ourselves.
but due to building an online taxation system that I can not do, my writing below only provides an overview of how it should be that online taxes can bring more benefits to the people of each country and maintain the country's economic stability
sorry can not enter in english because that writing is my new writing when join in steemit.
https://steemit.com/law/@mrm-aceh/hukum-pajak-penghasilan-steemit-termasuk-dalam-katagori-wajib-pajak-atau-tidak
https://steemit.com/steemit/@mrm-aceh/pajak-penghasilan-online-steemit-salah-satunya
https://steemit.com/steemit/@mrm-aceh/need-tax-on-steemit-income
Best regards
@mrm-aceh
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Not sure I understand how it removes the value anchor. As soon as the government gets payment in crypto, won't they just immediately convert it to USD? Until we move government towards adopting crypto for their receipts, payments and transfers USD will still be anchored as the official goverment currency.
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Arizona also submitted a similar bill. Both Arizona and Georgia bills require that the cryptocurrency must be converted into US dollars within 24 hours of receipt.
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