Ohio accepts Bitcoin!

[gb085]

Hi guys,
I saw this article: https://cointelegraph.com/news/ohio-appears-to-be-first-us-state-to-accept-bitcoin-for-taxes-wsj-report
which is about payments allowed in the US state, Ohio, that allows tax payments with bitcoin.
It's really cool that everyday more and more states/countries are starting to allow cypto payments. There is a real potential here i guess.

I think that in the future we might or we should have also some sort of marketplace that allows buying/selling from bananas to cars with cryptocurrencies. Won't that be cool?

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[mk4]

Even though that they're accepting bitcoin through BitPay, meaning that your bitcoin will be automatically sold for fiat at point of sale, it's still good news in my opinion. Certain entities that gives people the option to pay for whatever through bitcoin is always good.

I think that in the future we might or we should have also some sort of marketplace that allows buying/selling from bananas to cars with cryptocurrencies. Won't that be cool?

Take a look at OpenBazaar[1]. It's a decent potential high-volume market in the future, but it's not that good as of the moment.

[1] https://openbazaar.org/

[Screamshot]

Well if the above news is true then this is another great step in the spread of cryptocurrency globally and we welcome more of this in the future. But about the taxation I am confused about who will the tax be paid to since cryptocurrency is volatile

[AshleyFurious]

Great News! Globalization of btc will raise its price. At first, people pay taxes with btc, then they buy goods with btc, and this way btc becomes a global currency. The more use cases, the better!

[SparkleToken]

GREAT NEWS! One step closer to mass adoption!  

[dothebeats]

I never thought that I'd actually see this day; 3 yrs ago, we're just speculating about governments accepting bitcoin as a form of payment for taxes, and 3 years later Ohio is doing it, albeit the help of a 3rd party payment processor Bitpay. Overall this is a step towards a brighter future for bitcoin and its use-cases; awareness would also be raised since people would be curious on what is bitcoin and why can it be used for tax-related payments.

[Wingleness]

An awesome news coming from the state of Ohio. This will surely ease the stress of paying directing with fiat and cutting off high charged that may be incurred. Mass awareness and adoption increasing gradually.

[cunicula]

Tax payment in terms of bitcoin is not new even Switzerland has the same provision.

[Daniel91]

Hi guys,
I saw this article: https://cointelegraph.com/news/ohio-appears-to-be-first-us-state-to-accept-bitcoin-for-taxes-wsj-report
which is about payments allowed in the US state, Ohio, that allows tax payments with bitcoin.
It's really cool that everyday more and more states/countries are starting to allow cypto payments. There is a real potential here i guess.

I think that in the future we might or we should have also some sort of marketplace that allows buying/selling from bananas to cars with cryptocurrencies. Won't that be cool?

WOW
I can't believe it!
They allows tax payments with bitcoin.
In my country, central bank issued statement that bitcoin is not currency or financial asset.
So, even to report income from crypto is very difficult.
Those people in Ohio are so lucky

[oppasong]

of course I hope that bitcoin will make the currency in the future so we will use bitcoin buying / selling because bitcoin is making the current trend with many bitcoin users even some countries that accept bitcoin with transactions that are fast and security is guaranteed.

[Juggy777]

Hi guys,
I saw this article: https://cointelegraph.com/news/ohio-appears-to-be-first-us-state-to-accept-bitcoin-for-taxes-wsj-report
which is about payments allowed in the US state, Ohio, that allows tax payments with bitcoin.
It's really cool that everyday more and more states/countries are starting to allow cypto payments. There is a real potential here i guess.

I think that in the future we might or we should have also some sort of marketplace that allows buying/selling from bananas to cars with cryptocurrencies. Won't that be cool?

Hey this is great news for the residents of Ohio, this will give them another way to pay them taxes, and will surely increase the amount of taxes they collect. I remember a year back there was lot of discussion whether governments would accept bitcoins as legal tender, and today we finally see it happening. I hope this leads to more governments accepting it, however it will be a while before we see results from it.

[coinwizard_]

It gives more credibility when government departments start accepting bitcoin, from there it will branch out to other areas as we move towards mass adoption of crypto

[Idoe]

This is good news for the future of crypto, and I think a country or group will emerge that will allow crypto to be accepted and allowed for transactions.

[maianh09]

Hi guys,
I saw this article: https://cointelegraph.com/news/ohio-appears-to-be-first-us-state-to-accept-bitcoin-for-taxes-wsj-report
which is about payments allowed in the US state, Ohio, that allows tax payments with bitcoin.
It's really cool that everyday more and more states/countries are starting to allow cypto payments. There is a real potential here i guess.

I think that in the future we might or we should have also some sort of marketplace that allows buying/selling from bananas to cars with cryptocurrencies. Won't that be cool?

This is an excellent news when a state in a world power accepts Bitcoin as a form of payment. I believe everything is back and this damn market can stop. I hope that useful information will be released to help the market recover.

[azalea69]

With this news, it should be an encouragement for countries that have not been able to receive crypto back to consider crypto functionality. Certainly, this is a positive hope for a better future.

[MainIbem]

The dip in prices of cryptocurrency has taken everyone's attention to the significant inroads bitcoin and other cryptocurrency are making. This is one out of many that are yet to come. Once the correction is over and volatility reduced, more of these news will be a regular thing.

[ppadilllla]

only with business tho

[muslol67]

Hi guys,
I saw this article: https://cointelegraph.com/news/ohio-appears-to-be-first-us-state-to-accept-bitcoin-for-taxes-wsj-report
which is about payments allowed in the US state, Ohio, that allows tax payments with bitcoin.
It's really cool that everyday more and more states/countries are starting to allow cypto payments. There is a real potential here i guess.

I think that in the future we might or we should have also some sort of marketplace that allows buying/selling from bananas to cars with cryptocurrencies. Won't that be cool?

In Switzerland, BTC accepted to pay taxes like this if I remember correctly. I read about a year ago. But a state in the United States is also very good.

[Insufficient]

read that article yesterday too and yes i think it is really cool that government people are finally opening up to crypto currency it will really be a big deal for mass adoption i think. About the market place, there are a lot of projects now doing platform to take care of market place for cars, real estate ect.. if you'll go around this forum will find those sort of projects.

[FedorIzmailov]

I hope that in the near future all the states in America will accept Bitcoin and we will again be able to hope that prices will rise