coins101
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February 03, 2015, 12:42:42 PM

It's probably a repost, but I've just read it for the first time.
This is the biggest news I've ever read about bitcoin.
Bitcoin as payment for taxes renders fiat totally useless finally.

https://legiscan.com/NH/text/HB552/2015

The US Marshal's office just sell Bitcoin when they get it.

If people pay taxes in Bitcoin, then the monetary supply system needs to have Bitcoin as part of the infrastructure, otherwise the IRS will just dump Bitcoin a few months after the end of tax season.

So that's not gonna work in the short-term. Maybe when government contractor's start accepting bitcoin, then you might have a point.