Pay Taxes using Cryptocurrency, Seminole County Accepts Bitcoin

MAY 16, 2018 BY CHRISTOFFER HORVATH

Joel Greenberg Accepts Bitcoin and Bitcoin Cash for Payments through BitPay

450,000 people living in Seminole County in Florida will soon be able to pay for government services with cryptocurrency. According to Joel Greenberg, the tax collector of Seminole County announced that his office is going to allow the citizens to use cryptocurrency when paying for government services as early as this summer.

Greenberg says in the announcement, published on may 14 that ”We live in a world where technology has made access to services on demand, with same-day delivery and the expectation of highly efficient customer service and we should expect the same from our government.”

Both Bitcoin and Bitcoin Cash will be accepted to pay for various taxes such as property taxes, license plates, and new IDs.

Using BitPay, the largest global blockchain payments provider, the Seminole County Tax Collector receives settlement the next business day directly to its bank account in US. dollars.

This means that there is very little or no price volatility or risk to the county. BitPay will charge a one percent fee for the transaction and settlement when paying with Bitcoin or Bitcoin Cash.

“The aim of my tenure in office is to make our customer experience faster, smarter, and more efficient, and to bring government services from the 18th century into the 21st century and one way is the addition of cryptocurrency to our payment options.” – Says Greenberg.

Originally published at altcoinbuzz.io on May 16, 2018.

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