Topic: A city in Canada is letting people pay taxes in Bitcoin - page 2. (Read 853 times)
It is a good way for exposure, i guess. Offering payment method for bitcoin is one of the way to spread awareness that beside the fiat currency, we have other option like bitcoin where people could use to pay things and also as an investment that can give them a lot of earnings that is higher than the usual investment vehicle.
It is a very great development and it is a positive credit to bitcoin i hope for more o it from other countries all around the world where the government will see it as a great opportunity and an additonal alternative currency. This is great news
This will soon happen when a small area accepts it as a form of payment. It will soon spread to neighborhoods, and I believe Bitcoin will show people its convenience when it comes to paying or paying other common expenses. I believe Bitcoin will please everyone. 
I think taxes on Bitcoin are absurd. 
first of all this is not "taxes on bitcoin", read the news first, this is about paying taxes with bitcoin which means they are starting to see bitcoin for what it really is: a currency.
secondly, taxes are absurd, taxes on bitcoin are just taxes like anything else. if you have a problem with taxation then don't bring bitcoin in it. as a result this place is not the place to discuss them!
i don't think it's a good idea to pay taxes with bitcoin, if your holding bitcoin as an investment i think its best to pay with fiat, unless you don't have enough money, any adoption to bitcoin is good for cryptocurrency, soon it will spread to neighboring countries and probably the world next.
This is great for Bitcoin adoption! Innisfil, Ontario in Canada is now accepting property tax payments in Bitcoin:
well the thats some good bitcoin adoptionproperty tax is not small amount so using bitcoin as transaction is lot cheaper using credit card
I think this is old news.
I heard something like this as well, but if I recall right it was a city in the states, not Canada.Why would anyone want any gov't agency to be able to see the entire history of the bitcoin they received from their tax payment? Sounds like a nice step forward for bitcoin, but personally I would not want to pay taxes or anything else to the gov't with bitcoin. I would prefer that the gov't remains ignorant of my involvement in bitcoin.
I think taxes on Bitcoin are absurd.
As do I, but you know they tax everything. You cannot even buy things on Amazon anymore without paying taxes, at least in the states. They have their grubby little hands in all of our pockets and will not be satisfied until they have taxed us to death.
I am really glad that countries are giving a way to cryptos to prosper and grow. These small small initiatives will help in wide scale adoption. When people see the use of a decentralized currency, they adopt it or at least read about it. For initial stage this is enough for the crypto space.
coins exist for the completely opposite reason... to not* give them over to the gov guys.
pay your taxes in cdn yen/zimbabwe dollars... and HODL
nevar forget
pay your taxes in cdn yen/zimbabwe dollars... and HODL
nevar forget
I get super excited when i see news like this about bitcoin being used as a payment method for it shows bitcoin acceptance and adoption is on the increase. I believe other cities in canada will see this and will surely do same.
A great country like Canada is always a good development in cryptocurrency. This mean that their government are willing to support this market, i would love to pay my taxes very conveniently. More cities will follow this one since bitcoin will not stop and it will go for more country just to be recognized well.
Canada is one among the wealthiest and the advanced country with less population. It is easy to manage as well develop things that add value to the government. As a part recently different thinking about the market have caused Canada and its citizens know about bitcoin and use with support from government. 
A great country like Canada is always a good development in cryptocurrency. This mean that their government are willing to support this market, i would love to pay my taxes very conveniently. More cities will follow this one since bitcoin will not stop and it will go for more country just to be recognized well.
This is very awesome that means crypto (bitcoin in this subject) is reaching a moment where there are not so many worries in taking Bitcoin as a payment transaction.
With this we are one more step closer to achieve full world wide potential on using Crypto as one of the main payment currencies
Yes. This could be a great move for bitcoin and maybe after few years, the rest of the cities in canada will soon to accept bitcoin as a mode of payment. I think bitcoin being a global currency is now becoming real as years passed by. There are still good things to happen that awaits bitcoin so we should keep on promoting bitcoin the best way we can. With this we are one more step closer to achieve full world wide potential on using Crypto as one of the main payment currencies
This is very awesome that means crypto (bitcoin in this subject) is reaching a moment where there are not so many worries in taking Bitcoin as a payment transaction.
With this we are one more step closer to achieve full world wide potential on using Crypto as one of the main payment currencies
With this we are one more step closer to achieve full world wide potential on using Crypto as one of the main payment currencies
Canada is a good country for crypto places, the Canada government also accepts BTC for payment of property taxes. coinberry pay is the platform they use to pay taxes. there are 2 big companies that have to pay taxes using BTC. one of them is overstock.
This is a step in the right direction and another example of the growing legitimacy of bitcoin. Some states in the U.S. are also accepting bitcoin for the payment of taxes. It would be nice to see the IRS or its authorized payment processors welcome payment in bitcoin.
Which ones are doing that? I have only heard about this town in Canada.
This is a step in the right direction and another example of the growing legitimacy of bitcoin. Some states in the U.S. are also accepting bitcoin for the payment of taxes. It would be nice to see the IRS or its authorized payment processors welcome payment in bitcoin.
This is a great alternative. So the German government sees bitcoin as a prospect and this will clearly contribute to the development of the coin. So this is great news for us.
Glad to see Europe is onboard with it. America seems to be far too interested in controlling the monetary supply, rather than democratizing it for the people.
This is really a good news. This is just a start and a very good step taken by the city government.
This is a great alternative. So the German government sees bitcoin as a prospect and this will clearly contribute to the development of the coin. So this is great news for us.
This is a good development coming to the crypto currency and if others country of the world will emulate Canada then adoption will be more more quicker as expected.
Jump to: