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Author Topic: Tax Collector to Accept Bitcoin  (Read 988 times)
Moblie_Legend
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May 22, 2018, 03:50:26 PM
 #41

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/
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
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May 23, 2018, 10:22:42 AM
 #42

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.

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 .

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May 23, 2018, 10:43:17 AM
 #43

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/
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

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May 23, 2018, 11:13:40 AM
 #44

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.
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May 24, 2018, 11:07:13 AM
 #45

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

                   
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May 24, 2018, 12:31:07 PM
 #46

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.
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May 26, 2018, 09:32:55 AM
 #47

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/
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.
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May 27, 2018, 08:04:36 AM
 #48

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.
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May 28, 2018, 05:06:08 PM
 #49

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 Wink
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May 28, 2018, 05:11:33 PM
 #50

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

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May 28, 2018, 08:09:06 PM
 #51

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.
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May 28, 2018, 08:14:45 PM
 #52

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.

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May 28, 2018, 08:23:21 PM
 #53

That sounds good Smiley
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.

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.
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May 28, 2018, 08:26:37 PM
 #54

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.
[/quote

This current news is great, maybe worldwide adoption in the future is very near it seems that many country will also fallow this method of payment through cryptocurrencies.
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May 28, 2018, 09:01:51 PM
 #55

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

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May 28, 2018, 09:30:07 PM
 #56

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!
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May 31, 2018, 07:16:18 AM
 #57

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
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May 31, 2018, 07:37:40 AM
 #58

This is good news, but I have a question. Do they believe in Bitcoin, because I don't think the government will completely rest assured that Bitcoin will be a very serious blow to bitcoin if something goes wrong. This is something we need to think about. People use Bitcoin is a good thing, but if it is not done well, it will have a big impact on the application of Bitcoin in the world.
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May 31, 2018, 07:42:56 AM
 #59

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/

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
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June 01, 2018, 06:50:55 PM
 #60

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