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Topic: Arizona may the first State to accept BTC as tax bill - page 2. (Read 224 times)

member
Activity: 392
Merit: 10
Tax on BTC means that BTC is legalized!

This is a positive sign, if more and more countries start to levy taxes on BTC!

BTC will be recognized by more countries, and the price of BTC will also increase!
jr. member
Activity: 140
Merit: 2
They should make a currency of their own if they seek for stability. With BTC it will be profitable for the state and the citizens will lose money in the long-term. I cannot see how Arizona`s taxes will stabilze fud from Japan for example.

Governments warning and threat pronouncement on cryptocurrency results bubbles in the market. Volatility of price is imminent which can incur losses of money to the investors/traders.
If the the law will passed, other country will think twice of threatening the the cryptocurrency which can cause stability in the market.

Regarding about fear that the government will gain more and the citizen will lose money. I believe the government will circulate the btc in the market  in exchange of fiat. BTC alone is not useful all government transactions they need fiat.   
member
Activity: 196
Merit: 10
The Experience Layer of the Decentralized Internet
This is indeed good news, which means that it is legal to recognise bitcoin.
If it's not too expensive, I think we can all accept that the price of bitcoin will continue to rise.
jr. member
Activity: 140
Merit: 2

Cool news! It seems to me that soon more and more states will change their attitude towards Bitcoin, starting taking it much more seriously. I am sure of it.

Indeed a good news. Stability of the crytpocurrency market could be stable.  Hoping this law will be implemented in Arizona soon. 
sr. member
Activity: 882
Merit: 251
Arizona would be the first State in the planet to accept btc as tax bill.  If this would happened, this could be the bench mark of other states to follow Arizona's bill.

https://www.newsbtc.com/2018/02/08/arizona-may-become-first-state-accept-bitcoin-tax-bill/

This  could bring also stability on the price of the cryptocurrency in the market.
 

Cool news! It seems to me that soon more and more states will change their attitude towards Bitcoin, starting taking it much more seriously. I am sure of it.
jr. member
Activity: 140
Merit: 2
Arizona would be the first State in the planet to accept btc as tax bill.  If this would happened, this could be the bench mark of other states to follow Arizona's bill.

https://www.newsbtc.com/2018/02/08/arizona-may-become-first-state-accept-bitcoin-tax-bill/

This  could bring also stability on the price of the cryptocurrency in the market.
 
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