U.S To allow TAXES to Be paid with CryptoCurrencies!!
The Arizona Senate has passed a new bill to allow residents to pay their taxes with both bitcoin and a variety of other cryptocurrencies.
The Arizona State Senate gave the go-ahead on the bill yesterday. It was passed by a 16-13 margin. There was one NO vote. Arizona appears to be pro- cryptocurrency. The public has been informed that the Arizona Senate has passed a new bill which states that residents in the state will be able to pay their taxes with both bitcoin and a variety of other cryptocurrencies. Paying your taxes with bitcoin? This is great news for both REGULATORS and HODLERS as we take one step into the future.
Read More https://www.coindesk.com/arizona-senators-pass-bitcoin-tax-payments-bill/ Here
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All comments and thoughts are welcome
could this be the future for everything, are we going to burn our papers in 2040 and just use crypto, thats a good guess to me but I dont know
Wowzers!
That is pretty interesting. I wonder how long it will take for other states to follow suit. I am not an expert, but could this type of recognition, if it is expanded to most states, lead to an increase of the value of Bitcoin (as more people invest in it due to the added news coverage)?
Crypto's need this kind of awesome news!