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

Ken Hess kenneth.hess at gmail.com
Mon Nov 26 21:25:49 UTC 2018


I would like to pay my taxes in old clothes, used coffee grounds,
recyclable containers, and squirrel hides. I wonder if state governments
will barter? I would write new tax codes or state constitutions in exchange
for tax. Just sayin'. If they'll accept Bitcoin, then I'd say pretty much
everything is up for discussion.

Thanks,

Ken

Kenneth Hess
(918) 919-0411
Twitter: @kenhess
Skype: kenneth_hess
kenhess.com <http://www.kenhess.com/> - frugalnetworker.com
Filmmaker - Podcaster - Reviewer - System Administrator - Writer


On Mon, Nov 26, 2018 at 2:59 PM Richard Santalesa <
rsantalesa at smartedgelaw.com> wrote:

> Legal tender isn’t the issue… value received to the state’s coffers are..
> so I’d be interested in how that actually works…
>
>
>
> *From:* Ipg-smz [mailto:ipg-smz-bounces at netpress.org] *On Behalf Of *Ken
> Hess
> *Sent:* Monday, November 26, 2018 3:56 PM
> *To:* ipg-smz at netpress.org
> *Subject:* Re: [Ipg-smz] Ohio accepts bitcoin to pay taxes (Techcrunch)
>
>
>
> It's odd for sure, since Bitcoin, or any cryptocurrency, is not legal
> tender.
>
> Thanks,
>
>
>
> Ken
>
>
>
> Kenneth Hess
> (918) 919-0411
> Twitter: @kenhess
>
> Skype: kenneth_hess
>
> kenhess.com <http://www.kenhess.com/> - frugalnetworker.com
>
> Filmmaker - Podcaster - Reviewer - System Administrator - Writer
>
>
>
>
>
> On Mon, Nov 26, 2018 at 2:52 PM Phil Shapiro <pshapiro at his.com> wrote:
>
>
>
> 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
>
>
> Kenneth Hess
> (918) 919-0411
> Twitter: @kenhess
>
> Skype: kenneth_hess
>
> kenhess.com <http://www.kenhess.com/> - frugalnetworker.com
>
> Filmmaker - Podcaster - Reviewer - System Administrator - Writer
>
>
>
>
>
> On Mon, Nov 26, 2018 at 2:00 PM Phil Shapiro <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/
>
>
>
> --
>
> --
> Phil Shapiro, pshapiro at his.com
> http://www.his.com/pshapiro/briefbio.html
> http://www.twitter.com/philshapiro
> http://www.his.com/pshapiro/stories.menu.html
>
> "Wisdom begins with wonder." - Socrates
> "Learning happens thru gentleness."
>
> "We must reinvent a future free of blinders so that we can choose from
> real options."  David Suzuki
>
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>
>
> --
>
> --
> Phil Shapiro, pshapiro at his.com
> http://www.his.com/pshapiro/briefbio.html
> http://www.twitter.com/philshapiro
> http://www.his.com/pshapiro/stories.menu.html
>
> "Wisdom begins with wonder." - Socrates
> "Learning happens thru gentleness."
>
> "We must reinvent a future free of blinders so that we can choose from
> real options."  David Suzuki
>
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