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0 sats \ 3 replies \ @HODL 22 Sep 2022
IIRC, Colorado is not the first US state to do this. Ohio did this a few years ago, but shut down the program due to lack of use. Hope, this one sticks.
Edit: in 2018 - one Bitcoin cycle ago.
https://www.computerworld.com/article/3322851/ohio-becomes-the-first-state-to-accept-bitcoin-for-tax-payments.html
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42 sats \ 2 replies \ @mf OP 22 Sep 2022
As it is, this does not mean adoption or anything positive.
Until the gov pays you in btc, this means citizens are exchanging btc for fiat. Not a good deal.
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13 sats \ 0 replies \ @DarthCoin 22 Sep 2022
Sorry, I know you want to refer to something else when you say "gov pays you" but I have to explain an important aspect that many people don't get it:
a gov WILL NEVER pays you, a gov will ALWAYS steal from you and give it to others.
Gov do not have any money, it can't have money. If a gov would have own money, then why do we still pay taxes?
As I explained in this post how a gov is a corporation.
Govs are corporations and people still don't get it. If they would get it, then they will start asking questions, important questions...
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0 sats \ 0 replies \ @HODL 22 Sep 2022
Long way to go.
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0 sats \ 0 replies \ @cryptocoin 22 Sep 2022
Not really.
PayPal will forward your tax payment, in USD, to the State of Colorado. It's essentailly a bill-pay service from PayPal, and not much different from what BitRefill and others provide. Subtle, but significant difference.
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