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Matt Gaetz Introduces Bill Requiring The IRS To Accept Bitcoin As Payment
76 sats \ 1 comment \ @0xbitcoiner 26 Jun 2024 bitcoin
Rep. Matt Gaetz introduces bill requiring the IRS to accept bitcoin as payment for federal income taxes
https://m.stacker.news/37157

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  • The bill would require the U.S. Secretary of the Treasury to put in place a program to allow for federal income taxes to be paid via bitcoin, Florida Republican Matt Gaetz said in a statement.
  • “My groundbreaking legislation will modernize our tax system by allowing federal income tax to be paid with Bitcoin,” Gaetz said.
Florida Republican Matt Gaetz introduced a bill on Tuesday that would allow people to use bitcoin to pay their federal income taxes.
The bill would require the U.S. Secretary of the Treasury to put in place a program to allow for federal income taxes to be paid via bitcoin, Gaetz said in a statement.
... read more at theblock.co
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100 sats \ 0 replies \ @DarthCoin 26 Jun 2024
"paying taxes with Bitcoin" = A TOTAL BULLSHIT
  1. Taxes are paid with debt, with promissory notes, aka fiat or any other debt instrument. Read more about the Commerce game exposed here: #515857
  2. You can't use Bitcoin, because bitcoin is NOT debt, is more like credit, is property.
  3. If a gov will accept bitcoin, it means it will recognize it as MONEY. But that will never happen. Why? Because that it means the end of that gov. Govs cannot exist in a non-forever-debt world. And Bitcoin is doing exactly that: eliminate forever debt. End they know it.
  4. Bitcoin will never be "legal tender". Is impossible. Legal tender = debt. legal tender it DOESN'T MEAN is legal currency ! The term legal currency is a total bullshit. Anybody is free to transact with whatever they want within their private commercial contracts.

What is a "legal tender"?

Any retailer or individual could refuse to use a legal tender. Nobody can force you to use it. Why? What is the point of a legal tender then? The point is that you cannot force a retailer to accept legal tender or indeed any other form of tender. If, however, you buy something from them and there is no contractual barrier to the use of any form of tender, and you offer legal tender in payment, and they refuse it, then they cannot enforce the debt in court. That's what legal tender means: it's about discharging debts. If you incur a debt you can discharge it with legal tender, but you cannot be forced to incur the debt in the first place, if you see what I mean...
All these news with "taxes paid with BTC" are a total scam to fool people.
Some other reminding pills from @Lux
Seriously now: you guys still pay taxes?
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