Bitcoin Forum

Florida Tax Collector to Accept Bitcoin, Bitcoin Cash Payments

A Florida county tax collector has partnered with bitcoin payments processor BitPay to accept cryptocurrency for a variety of services.

Seminole County Tax Collector Joel Greenberg said in a statement Monday that his office will take bitcoin and bitcoin cash for payments associated with driver licenses and ID cards, automobile tags and titles and property tax.

The office decided to accept the cryptocurrencies in an effort to streamline fee collection, reduce the potential for fraud and identity theft and increase the transparency and accuracy of payments. Greenberg's office added that it does not perceive any "price volatility or risk to the County" in accepting the cryptocurrencies.

credits: https://www.coindesk.com/florida-tax-collector-accept-bitcoin-bitcoin-cash-payments/

Seminole County is the first government agency to use BitPay to process services, and representatives for the company said they believe it is the first government agency in the US to accept cryptocurrencies.

While bitcoin has garnered significant attention over the past year, it's widely believed to be too costly and impractical to use for small payments. The cost of individual bitcoin payments skyrocketed in December at the height of the cryptocurrency's price and popularity, and BitPay itself even temporarily banned bitcoin purchases under $100 as fees on the network hit a high of $37 per transaction.

this shows that bitcoin is being en-grained into the fabric of our society when the tax collector  has added bitcoins as a means of tax payment. It means that they would have done their continuity studies to ensure that this is a sustainable , viable method of collecting taxes. This says a lot about bitcoins and its future in society, its obviously on its way to greatness.

Wow this is a great news in the crypto-currency world, hope for many great things to happen

This is a good way to start up as the government finally accepts bitcoin as a way of payment too, we are hoping as well that here in our country the world of crypto will be widely use too and that the government will also accept it.

this post made me happy man, Florida county tax collectors are so cool man, epic and advanced. hope all of the people become as wise as these people rather then sperading fun and blocking bitcoin.

Great way for them to map out addresses with identities lol. I hope everyone who decides to pay this way uses a mixer or something to cut off the trail to their real wallets. Also, wouldn't using Bitcoins for tax payments be a taxable event in itself?

Interesting move nonetheless though. If this leads to an increase in collection, other states may follow.

This might be the real deal, payment revolution. And if things goes smooth, other country will do the same. But I hope, that doesn't mean a full-powered regulation.

I'm very interested - how the US federal authorities will react to this, and especially the Federal Reserve System... Will the government support this initiative?

From my perspective i think this is a great news for bitcoin because government are accepts bitcoin and few months later all countries are also accept bitcoin.A Florida county tax collector has partnered with bitcoin payments processor BitPay to accept cryptocurrency for a variety of services.

Seminole County Tax Collector Joel Greenberg said in a statement Monday that his office will take bitcoin and bitcoin cash for payments associated with driver licenses and ID cards, automobile tags and titles and property tax.Seminole County is the first government agency to use BitPay to process services, and representatives for the company said they believe it is the first government agency in the US to accept cryptocurrencies.

yes and no, good for acceptance, but also paves the path to full centralization of it all.

Plus its the way for the government to find out and to track anyone who has cryptocurrency.

Think on this as it was original idea of blockchain is to keep yourself hidden in transactions.

so this is just your way to let the government know all your business

It's good to hear that in other countries they are already using it but here in the Philippines I do not think that's the way the tax collector receives a bitcoin maybe someday that's what happens but right now it's not here

Bitcoin trading is also a matter for me, as if the government levy taxes they will be more responsible for the digital currency, and there is also the opportunity for digital money. This is responsible for the economic development of the country

If bitcoin trading is going to be taxable for the government, then I think it is worth it, at least bitcoin will contribute a small part to the development of the country and the government will also recognize the contribution to the development. develop the country

That sounds good :)
I would have expected BTC to be more used when purchasing things and least expect tax collection to start accepting BTC.

If the government is starting to accept this kind of payment, maybe more people will start using it.

Why did you expect for tax collection to happen later than being used when purchasing things? I think taxation of a currency or acceptance of a currency in paying tax is the starting point of it being used in payments more. Don't be worried about that because they cannot take full control over bitcoin, they can just regulate transactions of it.

I think this is good news! I am not great expert but my intuition says that soon more and more tax collectors, government and large companies will understand how many advantages bitcoin can offer us

Now it's just those manipulators with their media powers who only want Bitcoin to be erased in the society. If only they will leave Bticoin alone and just mind their own. This is really getting crazy. hope more and more collectors out there will follow this, I will be very glad if things go well even there are bad news on the net.

That's good news... I hope in my country there are collectors like that, so it makes it easier for us to pay taxes without the need to exchange bitcoin into local money... Hopefully in the future many tax collectors think to accept bitcoin as payment..

That's very nice for them to use conveniently method like payment of bitcoin but there will have also risky because we do not know when did bitcoin last. or probably its just a simple of saying "OK THAT'S NICE" if bitcoin become stable and primary use to the said country. How about if bitcoin totally shout down eventually, how will you do your bitcoin stock accepted from buyers? that's the big question here.

i am not sure how things work in US but from what i read they are a government agency anyways and they are accepting bitcoin as payment. this means they are seeing bitcoin as a currency and this is happening while their country considers bitcoin as a commodity!
is this the start of a change towards accepting bitcoin for what it really is?

That's a great news. Bitcoin is now also being used by the central government. The transaction system is both time saver and secured.

This is a welcome development. The more adoption the bigger the publicity of bitcoin. This is just a step towards greater adoptions, when other firms jump into the idea then competitions comes in. I'm sure others won't wanna miss the train.

this is an interesting move, although i don't see why they would bother with accepting btc?
they are just making more work for themselves  ???

First Switzerland and now Florida and in the coming times it will be the rest of the world. Bitcoin is slowly gaining mass adoption and going mainstream with NYSE launch, etc. Its a really good thing to see that bitcoin is being accepted by so many people and institutions all around the world.

I read this news today and this is a great step towards using bitcoin or other cryptocurrencies as a medium of use. I guess other countries will try to know more about cryptocurrencies now.

It is good news in this week. By adopting this I believe trader will feel it easy and number of trader might increase. Following this, I hope, tax collector will accept other altcoins also in coming days

The first government agency to accept bitcoin for their services as well as tax was not Seminole County in Florida but the Municipality of CHiasso in Switzerland. The Municipality of Chiasso became famous in 2017 for accepting bitcoins and this year Seminole County have become the hot topic due to its move to accept bitcoin. Hope their will be more countries around the world that will follow their footsteps.

Nice to hear that!!! But in our country they are not yet accepting Bitcoin when you pay tax since they don't' have auto calculator to calculate your tax base  on the Bitcoin price during the day you want to pay and it a hassle so they preferred cash as usual.

This is great! This is how the government is actually adopting bitcoin gradually. This gives me a hope that one day every goernment will accept bitcoin and it'll become legal in every countries.

really lucky investors who live in the country, would be more practical and easy in transactions, the government in my country still prohibits bitcoin for payments and transactions directly

Now the government is understanding the essence of the bitcoin. It is already proved that bitcoin has the strongest and the safest network. This is the first government agency that will use bitcoin for their crucial activities like payment of salary and collection of the tax. The interesting part is that the agency will use bitcoin for reducing the potential fraud and identity threat and for transparency issues. So we can say that bitcoin is helping the government. That’s really good news.

It is great to see tax collector accepting Bitcoin, which indirectly imply the government is supportive of crypto. Cool.

it's a good way for some start-up

This is a big step for the cryptocurrency market, as all government places are shy but if one were to step into it I’m sure many would follow. However, I do believe this is risky for them due to the instability of Bitcoin and Bitcoin Cash, but it will defiantly get the name out for the currencies.

This is a great step forward and I’m looking to see what other governments have to come.

That's a great news! Even in India, when we use to exchange services to buy or sell crypto we pay some tax on the transaction fee and it is automatically deducted from the amount so indirectly users are paying the tax in crypto but I am sure that exchanges are converting it in fiat and further paying taxes in fiat currency as our central government is not happy with cryptocurrencies and they want to eliminate the domestic use of cryptocurrencies.

Yes, many of these people are good because they were able to study their continuity in order to ensure the best method for us, even when the government accepted Bitcoin. This Bitcoins and said a lot about his future in society, it's probably on his way to glory.
We hope that the crypto world will be widely used here in our country and the government will accept it.

I have some years under my belt and I know how governments work. Usually, the government is the last to implement new technologies and train their staff on how to use it.

Other than that, governments are the ones who control banks (seems the other way around sometimes though) and there is a blockade going on right now with all of the bans on exchanges or banks that try to avoid working with exchanges. I'm sure you already heard about this though.

Taxes are accepted by the government. Accepting tax from bitcoin, Bitcoin will gain the trust of all. Bitcoin online transactions will be acceptable to everyone. If it falls below $ 100 then it will be worth the loss.

Bitcoin has its own taxes for its current development, provided that Bitcoin is accepted in developing countries nowadays must have a tax rate for the participants.

maybe the country is receiving both bitcoin so the government also oversees and monitor the development of bitcoin so we will feel safe and comfortable in investing

Yes you are right for that, but I think this is not for all countries, maybe this kind of thing is only in some countries, because they know that Bitcoin has a very good future and help everyone, so they think for tax collection can also use Bitcoin .

it is really odd for a government to accept crypcurrency because many governments scared and dont trust cryptocurency and they are partner with some Banks. they take the risk of having a volatile currency as their medium of payment.
but if the price of  Bitcoin dump and took a long time to recover maybe it will be ban by their government

ja. its true that bitcoin will pay taxes? no for me no it can be no collector can get tax in bitcoin here in the philippines, maybe in some country but not in the philippines . bitcoin can't accept tax in the philippines.

This is awesome news, if more and more companies will be accepting bitcoin so others will see it and accept too

I am very happy to hear this news, it is so good news for us to tex collector accept bitcoin. Now the government is understanding the essence of the bitcoin. It is already proved that bitcoin has the strongest and the safest network. This is the first government agency that will use bitcoin for their crucial activities like payment of salary and collection of the tax. If all goverment accept the bitcoin than it has a very good future and help everyone.

There are also many other governments who has legalised bitcoin in their nation and I think South Korea was the first to legalise bitcoin and then other countries also understands the potential of bitcoin and has legalised crypto currencies in their nation like they are accepting bitcoin in selling of their cars and normal daily activities and now the Florida is accepting bitcoin for paying of taxes by their country members and I think this is the evolution of bitcoin and all other crypto currencies too.

I think this is good news for bitcoin because the government received bitcoin and a few months later all countries also received bitcoin. A Florida county tax collector has partnered with a BitPay bitcoin payment processor to receive cryptocurrency for various services.

if you look at the current development then it can not be doubted how the progress that has happened good news has been heard that the government has accepted the existence of bitcoin and has followed several other countries such as south korea became the first country to legalize bitcoin and this should be an example of where it is now the country is very good progress because it understands the potential of bitcoin ;)

After few days, they will release news that is  Bitcoin is banned from tax collect system.
then what?

I think it shows a positive thing for us as citizens. perhaps the government there has contributed to managing bitcoin. I hope the country where I live can be so. if indeed the government wants to take part in this bitcoin, it's okay we pay taxes too, later all the taxes are also made for the public interest.

If Bitcoin is accepted as payment for taxation in any country it means the country is very close to legalization of bitcoin. This is really a green light.

yes folks, with so will be one cause to rise its btc price, because a good news,
If indeed this news is true, then rule also participate in formalizing bitcoin transactions.

It is no doubt it now known that bitcoin is been known to even private investors and transactions are been accepted by private sector,it really a great news for bitcoin

This is really good news. Businesses accepting them is good, but government entities accepting has to be considered a move in the right direction. Hopefully it catches on!

If only they will leave Bticoin alone and just mind their own. This is really getting crazy. hope more and more collectors out there will follow this, I will be very glad

I also heard the state of Texas also accepts bitcoin as a tax payment option. I don't know how true this is but if it is, then it is great news as bitcoin slowly becomes part of the financial forces

It is really a great news and also prove bitcoins value.

Ok i have never imagined such a thing to happen but it seems its working good. Anyways if that tax collector does not have any problem then its good but i think with bitcoin should we really have to pay any taxes. i am not pointing my fingers to bitcoin transactions and all i am saying do we have to pay taxes if we buy some groceries from a local shop or buy some medical stuffs from a local medical store?

It can be a real deal, a revolution of payments. And if everything goes smoothly, another country will do the same. But I hope this does not mean full-scale regulation.

If the government begins accepting this type of payment, more people may start using it.
Bitcoin has a very good future and helps people, so they think that to collect taxes can also use Bitcoin.

yes I agree with it, because I'm sure the future bitcoin in use as the best virtual currency in the world.

is it true that tax collector accept bitcoin right now? ikno it just happen in that country but mabe from that country other country can try to accept tax in bitcoin payment too hahahaha, and i hope that it will happen in all country in the wolrd.

This is the best example of using cryptos for the good of people I'm really happy to see this happening as this will benefit so many people, the ones who pay in taxes can save their fiat, the government has a new form of money that rises up and up which means they can use the surplus cash to use for infrastructure development I loved the idea wish all could adopt to it.

if the tax collector approved the outstanding btc is good, but in reality only a part of the country that has a tax collector and receive btc in their country

Great news! Instead of banning bitcoin, this county embraced and adapted it. Governments who try to suppress cryptocurrency are just delaying the inevitable, bitcoin going mainstream.

Yes this is really an impressive move because people have different choices and I heard already this before and base on my research this applied already to countries like japan.

Perhaps this is only in some countries
That is why Bitcoin will contribute a small part to the country's progress, progress and prosperity. Then, the government will recognize the contributions and contributions.

I have also read this article and seriously this is very good news that the use of bitcoin for transactions purposes has been started and the best part is that not only people but the government of Florida is also taking part in bitcoin payment, they has made collaboration with bitcoin payment and has encouraged people for using bitcoin as a mode of payment of their taxes , I think this is very great initiative taken by the Florida government and other countries should also inspires from this decision.

If tax collector accept bitcoin I think it a great investment for them which will yield them a lot of gain

That is very good news for cryptocurrency .Government accept bitcoin for tax its really good news. its a very positive side for bitcoin. Every other country should follow this and adopt bitcoin.

it's a great new to protect investors

That's a great news. Bitcoin is now also being used by the central government. The transaction system is both time saver and secured.  :D

if they will accept btc than for sure the price of it will become more stable and the volatility with be controlled in a significant way. But on the other hand the pumps and dumps would be less.

It won't protect investors or you should tax payers?

What will happen is upon paying the tax is they will include also their info on who's the one paying for his taxes right? This is an additional convenience for someone that doesn't want to go out there and drive miles away just to pay for his tax. The receiving office for bitcoin paid taxes will convert it to USD so there's no problem for them.

All the reasons stated by the authorities to enable them collect taxes in bitcoins contradict with what bitcoin stand for. Though is a good news for bitcoin and altcoins market

If tax collectors start receiving bitcoin, then this is a good thing. However, if bitcoin wants to be received in a government then bitcoin should be taxed in order to follow exchange rate rules. It makes bitcoin admissible and not called illegal.

From this direction and perspective,i think this a good welcome ideal from government to accept bitcoin currency for payment of tax.nice one

Steps toward the legalization of the crypto currency are well under way.  A good option is to take taxes by crypto currency.

Evaluate every function of such activity, which is why Bitcoin will contribute a small part to the country's progress, progress and wealth. Then, the government will recognize the contributions and contributions.

Bitcoin is traded and the government is taxed, it's worth it. Bitcoin contributes a small part of the development, progress and wealth of the country. The government must also recognize the contribution and then think about the taking. 8)

I do not know, does the condition in Florida support to use that rule? if the enthusiastic community there has a good response to crypto, then I think this is a good idea.

I always remind everyone here that when a country wants to adopt crypto, one thing that must be considered is the public condition.

because crypto will not be worth without public readiness.

It means, they recognizes and accepts Bitcoin as a legal currency :)

Florida has a creative idea in terms of tax revenue. The main objective of the tax official's hard work is for everyone to pay taxes according to their responsibilities. Paying with bitcoin is a new breakthrough / innovation that can be applied, because bitcoin is also money, only in digital form. Therefore, when paying taxes becomes easier, the greater the income for the government.

Another good news, it seems that there has starts a revolution of accepting bitcoin and the number is increasing rapidly. Bitcoin is developing really happy.

good to hear this,sooner or later the government is now ready to be a part of crypto world.hopefully it will goes global.

This is evidence that people have more trust to bitcoin more than before. it only a matter of time before bitcoin become used widely to become currency.

This is really mind-blowing! At this rate, we'll see bitcoin accepted as payment across the globe a lot sooner than I thought. Congrats to all of us here!  Great news!

This shows that bitcoin is being incorporated into the structure of our society when tax collectors have added bitcoin as a tax payment tool. This means that they will carry out continuity studies to ensure that this is a sustainable and feasible method of collecting taxes.

seriously? we can pay with our bitcoin i think its amazing, so all taxes that we should pay can paid with bitcoin? our bitcoin will be very useful if this happen, i hope not in the bitcoin only but it will be in all things in the world that we can pay something with bitocin

This is indeed a good development. I am sure we will see more of this very soon. I believe with this kind of development, we will see more standings and progress of Bitcoin and cryptocurrencies.

This is outstanding! I can't believe this happening! Thanks God and thanks Joel Greenberg for setting a good example!  8)

Good news, it means they are finally recognizing Bitcoin as a currency.

The BTC will become the overall currency of the entire economy in the future

 If Bitcoin is trading, the government has to be taxable and it will be worth it. That is why Bitcoin will contribute a small portion of the country's development, progress and wealth. Then the government will acknowledge the contribution and contributions. Then think about taking it.

This is both good and bad, it allows hodlers to pay using other assets but soon they will male it easier to tax your bitcoin holdings. There is no hiding from the taxman, soon investors will be switching their portfolio to privacy coins  ;D

This is a good step for the country to accept Bitcoin as a legitimate payment tool, because Bitcoin has various advantages that Fiat money does not have. especially this to pay taxes, because we all know that taxes are one of the state-owned agencies.

Evaluate all the functions of that activity, which is why Bitcoin will contribute a small part to the progress, progress and wealth of the country. Bitcoin is traded and the government is taxed, it's worth it. The government must also acknowledge the contribution and then think about joining. I do not know, does the Florida condition support me to use that rule? I always remind people here that when a country wants to adopt cryptography, one thing that must be considered is the publicity condition.

A wise government will think realistically that bitcoin cannot be stopped, it is better managed to be beneficial for the country. An example is the receipt of tax payments using bitcoin, taxing the owner of bitcoin in collaboration with a bitcoin exchange place, accepting investors from abroad to increase investment, etc.

I think this is also one of the best crypto developments, so people who previously or even tax employees who don't know about Crypto become aware of crypto. but on the other hand such usage can endanger taxpayer customers

I really like the trend, hope more good news are coming from around the world.

It means that bitcoin is slowly getting their names in allnover the world. Bitcoin is so famous all over the world. And some country using bitcoin even in their government. I couldn't imagine what can bitcoin will influence for us five years from now in terms in marketing. Inlbow it will be great.

This shows of how supportive is the US government to Bitcoin existence and this also shows that Bitcoin is really legal to use in the USA despite of banning the US citizens of joining some ICO projects. This is a good news at it will make the tax payers to pay their obligations more convenient.

for bitcoiners it is like that, but if we see that btc users are only around 1%, of course there are still many who do not understand about btc. therefore tax collectors have not been able to do anything before policy of government appears

that's a very good decision, when the crypto world developed well, and adopted by the world, then I think taxes must be applied.

and I think it's very influential on the country's economic stability, security, and also the development of crypto.

I don't think this is a good idea, because in our country, bitcoin is already accepted without tax, so if other countries will start to collect tax from bitcoin then for sure they will collect tax here in our country too.

Hmm,
I hope my country someday will follow it too, so I can directly pay my tax without needed to convert my Bitcoin to flat money first...
Anyway, my local exchange already includes tax for every crypto transaction happens in this exchange...

If the other states follows this example of florida's tax collector, it will speed up the adoption of bitcoin and other cryptocurrencies in many part of the United States. Once it is successful, other countries would eventually follow the tax collection that uses bitcoin as one of the mode of payment for paying taxes. Some crypto-friendly governments are also looking for some ways for the possible regulation of bitcoin in their countries before accepting it as mode od payment.

Its a good move by the Tax Collector there which would enable smooth interface of payments and also more transparency.I would love to see many more reforms happening on the crypto space so that the daily users may get used to btc and other currencies as well. But we need to have to the need for utilizing the coin that would be raised only by the regulation and government interference.I would wait and watch this situation's improvement.

this is good news, hopefully it will run smoothly and be followed by other countries, because with so many people using it and making Crypto's world more developed and more people using crypto.

In exchange for the government's acceptance of bitcoin as a phased-down payment unit, taxes on investors are also a solution. Because once the government is in favor, the bitcoin market is definitely becoming more active

if the cryptocurrency is already pouring into such a sphere of the economy, then it is very foolish to deny its viability. if it were a soap bubble, then such an influence wouldn’t have happened for sure.

This means that the cryptocurrency is really a working technology that is relevant for modern society. And all its prospects are true. Therefore, we must continue to invest in it and support it.

This is awesome and great news to the bitcoiners. Atleast Florida's tax collector accepting bitcoin as payment and exciting that someday other countries will follow through.

It's great that the United States is not afraid of this technology and began its introduction into the state structure. An obstacle to the development of bitcoin is absolutely meaningless. It should be adopted and used as intended. This will only improve the entire economic system.

This is one of the news that is true and give joy about the cryptocurrency as a whole.  This is officially the first government  that will publicly  accept bitcoin as payment means. It's good they have seen what bitcoin and cryptocurrency is capable and I believe more of this adoption news will spread very soon.  

This is quite a bold step for a state structure, but it will significantly improve the entire financial system of tax collection by this body. And this is a great example for other countries.

this is a really good news, it means Florida recognizes Crypto as Currency.

Quite outstanding work for them considering the fact that cryptocurrency are a new tech and they managed to integrate it to an old system. Thumbs up for understanding that people also have an option to pay taxes in any way they want i.e., crypto. I hope other countries including mine follow suit.

Pleased to hear this excellent news Florida tax collector have accepted bitcoin cash for paying taxes including other government fees that means all these refer to how the US government supports bitcoin and cryptocurrency to expand its working area. The US authority has made an example to others country for opening their eyes for the cryptocurrency.

I'm surprised it is florida that is leading the way rather than san fransisco. It's not like they will be claiming much from disney world, but all thise people in silicon valley are likely to be crypto payers

Although they accept bitcoin payments, I think they probably don't think of bitcoin as money, but as property. In some cases, taxes can be enforced through property, if taxpayers cannot provide legal property，tax officials have to accept some "valuable" means of payment.And this is not a common phenomenon, so I don’t think this case can be considered that tax officials recognize bitcoin,unless this is a common phenomenon.

Great news indeed and I think the BTC ecosystem is waiting for such of these great news and integration in the ecosystem. Many industries are integrating the blochcchain and accepting its payments in their systems and I think its the best thing.

I think now BTC has been seen as a form of currency much better than the fiat currency in terms of security and also how fast its transactions are and are combining with the services they are providing. That's a good news to hear.

it looks like it's not needed, there are no additional fees or taxes when you save the bitcoin bitcoin that you have, whereas for payments like bitpay that accepts cryptocurrency payments it might just be a service fee that they provide to help your transaction.

That is a good step in the right direction for cryptocurrency to be accepted for payment of tax shows that the world is gradually getting to embrace digital currency which will allow for smart and secured payment process, bitpay is a well known exchange which will guarantee safety in the whole process.

The new breakthrough applied by Florida tax services may be followed by other regions, using bitcoin to pay taxes. Because this application indirectly recognizes bitcoin as a digital currency that is suitable for use by the state.