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Author Topic: 2015-01-15 Forbes- Bitcoin Breaks Out, You Can Now Pay The IRS In Cryptocurrency  (Read 1061 times)
pabloangello (OP)
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January 15, 2014, 10:50:14 PM
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SnapCard — the service that allows you to buy pretty much anything on the internet — is now allowing you use your bitcoin to pay something else: your tax bill to the Internet Revenue Service.

The San Meteo-based company today announced the capability one week in advance of the release of a new bill-pay feature, which allows a consumer to pay their bills automatically every month using the digital currency.

http://www.forbes.com/sites/benkepes/2014/01/15/bitcoin-breaks-out-you-can-now-pay-the-irs-in-cryptocurrency/

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nairb131
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January 15, 2014, 11:33:29 PM
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I just might have to do this this year.
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January 16, 2014, 12:53:24 AM
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I could use this service if it were expanded to Canada to allow payments to the CRA.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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January 16, 2014, 05:18:51 AM
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I just might have to do this this year.

Might as well use bitcoins to pay for taxes on my bitcoins...

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
Rygon
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January 16, 2014, 02:22:41 PM
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I just might have to do this this year.

Might as well use bitcoins to pay for taxes on my bitcoins...

+1. I might be missing something, but that's a pretty big step towards being able to live and work in the US and never have to touch or own fiat. That's huge.
RodeoX
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January 16, 2014, 02:51:55 PM
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I just might have to do this this year.

Might as well use bitcoins to pay for taxes on my bitcoins...

+1. I might be missing something, but that's a pretty big step towards being able to live and work in the US and never have to touch or own fiat. That's huge.
That is big. Someone who is paid in BTC might be able to cut the cord.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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January 16, 2014, 02:55:00 PM
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They don't say in the article whether they insure the price of bitcoin they quote as you put your payment in.  Seems obvious they would, but does anyone know for sure?

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