Topic: Bitcoin To Pay Your Park Fines (Read 2967 times)
Wonder how many people would delay their payment just to wait for BTC price decrease - sort of gamble
I think it might make us be less motivated to pay our fines!
Kidding, any new payment option improves liquidity, which is a good thing. Also, it makes bitcoin appears as commonplace as paypal which is a really good thing.
Kidding, any new payment option improves liquidity, which is a good thing. Also, it makes bitcoin appears as commonplace as paypal which is a really good thing.
New York is at it again. Now, a member of the government is suggesting to make bitcoin a 'penalty money'.
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
Great idea councilman, but these bill should be supported by others too.
Until right now, everything is just rumors and hearsays.
Hmmm...well it will be very good and safe method for peoples and government.... 
It maybe a good method, but if governments get involved into BTC, then I think the concept of decentralization and anonymity will get vanished.
New York is at it again. Now, a member of the government is suggesting to make bitcoin a 'penalty money'.
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
How would makin it penalty money any good for bitcoin ?
Seems like the kind of shit NYC crime families would orchestrate w/ the local government. I love it, though. NYC sets trends in general and is always looking for new and innovative ways to fine you for every little thing, so it's sooo NY. Who the fawk even drives in NYawk anyway. Just keep letting NYers jaywalk, though, b/c other cities w/o that constant motion seem less magical by comparison.
Paying fines won't be a problem as far as it gives free advertisement and knowledge to people of what Bitcoin is, which can help Bitcoin get adopted at a wider pace.
Throughout all of history, what has mainly made a currency legitimate was a ruler accepting it for taxes.
New York is at it again. Now, a member of the government is suggesting to make bitcoin a 'penalty money'.
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
That would be great if it could be used worldwide.
New York is at it again. Now, a member of the government is suggesting to make bitcoin a 'penalty money'.
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
New York is currently focusing in the bitlicense proposal.
New yorkers doesnt have time for that.
I just got a parking fine here in Australia 
Good news is i can pay this fine with BTC using https://www.livingroomofsatoshi.com/
Good news is i can pay this fine with BTC using https://www.livingroomofsatoshi.com/
Great! it seems awesome
It would be awesome to pay park fines or any type of fees via bitcoin
New York is at it again. Now, a member of the government is suggesting to make bitcoin a 'penalty money'.
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
Will it be doing it 'just bitcoin' or people can still pay in fiat?
Not sure if I approve or I'm pissed off :O
New York is at it again. Now, a member of the government is suggesting to make bitcoin a 'penalty money'.
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
http://bitforum.info/t/use-your-bitcoin-in-new-york-to-pay-for-parking-fines/275?u=angelo
I think it would be wise if Bitcoin can be used that way.
Imagine using bitcoin for government fines and etc.
What do you think?
Levine has a point.
Maybe that bill could be adopted and integrated in big cities around the world.
Yes, I don't think the government would like to accept Bitcoin. But it would be nice to offer them to pay our fines with it anyway.
Hey, this isn't a done deal, yet.
It could be huge since it implies official government support for BTC, but I guess it will take years.
It could be huge since it implies official government support for BTC, but I guess it will take years.
It definitely will be huge.
I wonder how they will tackle the volatility of bitcoin though.
The fines must be denominated in USD, with the equivalent amount in BTC being paid?
Will they utilize the services of a processor like coinbase?
Payments work the same way that payments work when you buy something via coinbase/bitpay, they have the exchange rate set at the time you initiate the transaction and you have a limited amount of time to send a tx to the payment address specified
Yup. Thought as much.
It will be a long time before the government accepts BTC and does not convert it to dollars.
I just got a parking fine here in Australia
Good news is i can pay this fine with BTC using https://www.livingroomofsatoshi.com/
Good news is i can pay this fine with BTC using https://www.livingroomofsatoshi.com/
Hey, this isn't a done deal, yet.
It could be huge since it implies official government support for BTC, but I guess it will take years.
It could be huge since it implies official government support for BTC, but I guess it will take years.
It definitely will be huge.
I wonder how they will tackle the volatility of bitcoin though.
The fines must be denominated in USD, with the equivalent amount in BTC being paid?
Will they utilize the services of a processor like coinbase?
Payments work the same way that payments work when you buy something via coinbase/bitpay, they have the exchange rate set at the time you initiate the transaction and you have a limited amount of time to send a tx to the payment address specified
If they can make parking fines to be paid exclusively only using bitcoin.
That's why councilman Levine is making a bill about it.
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