[Ipg-smz] Ohio accepts bitcoin to pay taxes (Techcrunch)

[Phil Shapiro]

I tend to share your hesitation, Ken, but am equally intrigued about Ohio's decision to roll this out. Maybe it's courageous - maybe it's foolish -- maybe it's a bit of both. 






From: "Ken Hess" <kenneth.hess at gmail.com> 
To: "ipg-smz" <ipg-smz at netpress.org> 
Sent: Monday, November 26, 2018 3:10:45 PM 
Subject: Re: [Ipg-smz] Ohio accepts bitcoin to pay taxes (Techcrunch) 

Not a good idea. When the value goes down, they get less money, unless they convert it to real money right away. If the value goes up, then you've paid too much tax. 
And when I write value, I'm using air quotes. 

Thanks, 

Ken 

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On Mon, Nov 26, 2018 at 2:00 PM Phil Shapiro < [ mailto:pshapiro at his.com | pshapiro at his.com ] > wrote: 




Sheesh -- that's a big step forward. 

[ https://techcrunch.com/2018/11/25/ohio-becomes-the-first-state-to-accept-bitcoin-for-tax-payments/ | https://techcrunch.com/2018/11/25/ohio-becomes-the-first-state-to-accept-bitcoin-for-tax-payments/ ] 



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