U.S COUNTY ACCEPTS BITCOIN FOR TAX PAYMENTS.

in #bitcoin6 years ago (edited)

So I got the update that Seminole County is now - First County in U.S. to Accept Bitcoin
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According to a press release, Seminole County, Florida, will begin accepting Bitcoin (BTC) and Bitcoin Cash (BCH) to pay for services, including property taxes, driver license and ID card fees, as well as tags and titles. The Seminole County Tax Collector will reportedly employ blockchain payments company BitPay, which will allow the county to receive settlement the next business day directly to its bank account in US dollars. Greenberg commented on the initiative:

“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. 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.”

With this move, the county reportedly aims to remove risks connected to credit card usage, such as fraud and identity theft. According to BitPay, Seminole county is the first government agency to use the company’s services.
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Florida's Seminole County will soon accept bitcoin and bitcoin cash as payment for county services, like taxes and drivers license fees.
To do it, the county will work with BitPay, a cryptocurrency e-commerce payments company. It's BitPay's first contract with a government entity.
It's believed that Seminole County will be the first government body to accept cryptocurrency as payment.
This bitcoin payment project was put in place by Seminole County tax collector Joel Greenberg, a controversial and unconventional figure in Florida politics.
Residents of Seminole County, Florida will soon be able to pay their taxes and drivers license fees using bitcoin and bitcoin cash - two of the hottest cryptocurrencies in the world.small-town-street-picture-id492687183.jpg

The revolution just keeps improving, more updates coming through.
YOUR WELCOMED TO SHARE YOUR THOUGHTS ON THIS!
I am @kennyc Steemon!

Image source :gettyimages.com

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