Arizona has totally great idea to let people pay taxes in BitcoinGet the Full StoryPaying your taxes is a complicated pain, but wait if — and bear with me here — what if you could pay them on the blockchain?
That is essentially the totally real idea being debated in Arizona, as the state's House of Representatives prepares to debate Senate Bill 1091. The bill, passed by the state Senate on Feb. 8, would allow people to pay their state taxes in cryptocurrency.
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Clearly, this is a great idea and nothing could possibly go wrong.
If it becomes law, the bill would let cryptocurrency-rich citizens of The Grand Canyon State make tax payments via "a payment gateway, such as Bitcoin or other cryptocurrency, using electronic peer-to-peer systems." Read more...More about Bitcoin, Arizona, Taxes, Cryptocurrency, and Tech