Monday, January 7, 2019

Ohio Accepting Corporate Tax Remittance Via Bitcoin

Forbes recently reported that Ohio has made the brilliant decision to accept Bitcoin and other cryptocurrencies for payment of corporate taxes.

I'm not kidding - here's the article.

They did not state in the article if magic beans will be accepted to pay off tax liability, but if they're not, surely they can't be far behind.

It's one thing if you choose to accept that form of currency, but for a government to forgo US dollars and choose instead to accept taxes via a highly speculative currency with zero financial backing seems the height of irresponsibility.

If I was an Ohio resident, I'd be screaming bloody murder.

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