Bitcoin Forum

Other => Off-topic => Topic started by: mailmansDOG on April 08, 2014, 07:37:02 PM



Title: Game shows with cash rewards should use Bitcoin!
Post by: mailmansDOG on April 08, 2014, 07:37:02 PM
Im sure most of you are aware what a game show is. Shows you would see on TV, quizes like Family Feud and such. They're quite fun to watch and have international success.

But did you know that those "rewards" are heavily taxed? If you live in the USA things get even more complicated because the laws have many differences from state to state. The contestants that took place to such shows and actually won, in most cases, will have to wait for months until they receive their cheque because of complicated legal procedures and even after that, they still get heavy taxes on them.


So why not Bitcoin?


Title: Re: Game shows with cash rewards should use Bitcoin!
Post by: Kiki112 on April 08, 2014, 07:38:35 PM
I think goverments would get a hold of that and would start taxing bitcoin too :D

if they aren't already xD


Title: Re: Game shows with cash rewards should use Bitcoin!
Post by: mprep on April 08, 2014, 07:53:20 PM
I think goverments would get a hold of that and would start taxing bitcoin too :D

if they aren't already xD
US, which considers BTC as property, already is. That's probably why media outlets avoid including BTC in such games, besides it's pretty low popularity comparing both nation-wide and worldwide. Until this changes, we can only dream about these types of shows.