Paying your property tax using Bitcoin

[Asuspawer09]

Miami-Dade County is now accepting Bitcoin payments for property tax. I mean are you going to pay taxes using your Bitcoin?

It may be a good thing for Bitcoin since it's being adopted as a payment method for investors, but the way I see it is that you are exposing your Bitcoin and wallet if you use it since you are going to send money from your wallet possibly connected as well to your other wallets, and now they know that you have that huge amount of Bitcoin. Maybe it is then already linked to your name now that you pay using that address, right?

Could be something that could be leak since there are some governments that wasn't really that secured so maybe you could become a target for wrench attack if they may info about your holdings. Are you going to used this if it was available on your country?



Link

[Karl_3000]

I will prefer to use fiat to settle anything about the government than to be using my bitcoin for it. I will prefer to pay all taxes in fiat if possible.

Since I have been learning about privacy, the more reason I noticed not to use my bitcoin for unnecessary transactions and this is one of them because I can not trust those government people. There are bad guy among them which can truly be linked to something that is not good.

[hyudien]

It may be a good thing for Bitcoin since it's being adopted as a payment method for investors, but the way I see it is that you are exposing your Bitcoin and wallet if you use it since you are going to send money from your wallet possibly connected as well to your other wallets, and now they know that you have that huge amount of Bitcoin. Maybe it is then already linked to your name now that you pay using that address, right?

There are several options for sending bitcoin, What if you are afraid of your main wallet is afraid in the know of many people especially the government.

Can make bitcoin payments through direct exchanges.
Can use non-custodial wallets that are not funded from your main wallet.

As long as the source of the bitcoin is not from a platform flagged by some exchange or government, it is likely to remain safe in my opinion.

[General_Bitcoin]

As long as the source of the bitcoin is not from a platform flagged by some exchange or government, it is likely to remain safe in my opinion.

I don't think its as simple as that. Using a separate wallet may still leave you linked back to your other wallet using the transaction history. If you also use an exchange to pay directly then they may already know who you are due to KYC. I would say it is helpful to use a separate wallet but not completely private when dealing with the government.

[hyudien]

As long as the source of the bitcoin is not from a platform flagged by some exchange or government, it is likely to remain safe in my opinion.

I don't think its as simple as that. Using a separate wallet may still leave you linked back to your other wallet using the transaction history. If you also use an exchange to pay directly then they may already know who you are due to KYC. I would say it is helpful to use a separate wallet but not completely private when dealing with the government.

It's simple, they can pay using fiat. Payment using Bitcoin is only optional.

If you value your privacy about BTC ownership that's very good, but what we read in the article about this, mentioning the government is just keeping up with the times what the community needs, maybe the government knows now that the use of bitcoin has been a lot in they adopt this payment.

Forget the doubting.