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Topic: Bitcoin To Pay Your Park Fines - page 2. (Read 2967 times)

Q7
sr. member
Activity: 448
Merit: 250
February 17, 2015, 05:47:33 AM
#19
If they can make parking fines to be paid exclusively only using bitcoin.
legendary
Activity: 1232
Merit: 1000
February 17, 2015, 12:34:25 AM
#18
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 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?
full member
Activity: 122
Merit: 100
February 16, 2015, 04:50:03 PM
#17
This is quite a good idea hope it goes to the uk too but the uk isn't as invested as the U.S. into bitcoin
legendary
Activity: 1274
Merit: 1000
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February 16, 2015, 04:03:55 PM
#16
How many accounts you've to promote bitforum.info?
I can find at least 20 different just now...
legendary
Activity: 3906
Merit: 1373
February 16, 2015, 02:19:08 PM
#15
Man would Bitcoin grow if paying fines in bitcoins was a requirement all around the country.

Smiley
legendary
Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
February 16, 2015, 11:24:50 AM
#14
I don't think that will be accepted
but if it does ,that would really be awesome! though BTC might gt little dirty cos of the officials but well! more people will know Smiley
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
February 16, 2015, 10:54:04 AM
#13
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.
newbie
Activity: 42
Merit: 0
February 16, 2015, 10:41:25 AM
#12
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?

if bitcoins will be used for parking fines,that is good because when you dont have cash,you can just use bitcoins...and that will be more easier for bitcoiners Wink
hero member
Activity: 714
Merit: 503
February 16, 2015, 08:39:17 AM
#11
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?


How would makin it penalty money any good for bitcoin ?
any adoption by the mass would be good, it always can be extended to more uses when more people require the acceptation
legendary
Activity: 3472
Merit: 10611
February 16, 2015, 08:33:21 AM
#10
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?

if this happens it means that government accepts it as a legit currency which leads to more adoption, but honestly it seems a little bit too good to be true!
hero member
Activity: 686
Merit: 500
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February 16, 2015, 05:52:22 AM
#9
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?


- Manipulation
- Sabotage
- Corruption
Roll Eyes
sr. member
Activity: 462
Merit: 250
February 16, 2015, 12:48:09 AM
#8
Really?
what is the use of Bitcoin anonymity if we pay govt. taxes ?
And i don't really think they will be doing so anyway
legendary
Activity: 4270
Merit: 4534
February 15, 2015, 12:21:21 PM
#7
government accepts bitcoins = trust that its genuine value

that said. the OP's link to another forum who's link to a document is on a 'pastebin' like site, which was created by coindesk.
i wonder if anyone has even bothered to search the NY government websites to see if the draft even exists.

bitcoin being used as legal tender for court/government fines.. seems a little to eye opening to be true
full member
Activity: 238
Merit: 100
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February 15, 2015, 12:18:56 PM
#6
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?


How would makin it penalty money any good for bitcoin ?

Its not a penalty, but using it for it. You probably are misunderstanding the news
legendary
Activity: 1358
Merit: 1014
February 15, 2015, 12:13:49 PM
#5
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?


How would makin it penalty money any good for bitcoin ?

Hello?

Bitcoin will be introduced in the mainstream masses. More adoption. Right?

Indeed, any publicity is good.
member
Activity: 93
Merit: 10
Imagine Me and You
February 15, 2015, 10:15:06 AM
#4
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?


How would makin it penalty money any good for bitcoin ?

Hello?

Bitcoin will be introduced in the mainstream masses. More adoption. Right?
full member
Activity: 173
Merit: 100
February 15, 2015, 10:00:53 AM
#3
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?


How would makin it penalty money any good for bitcoin ?
hero member
Activity: 798
Merit: 1000
February 15, 2015, 09:45:30 AM
#2
Let's all make this the new equivalent of those jerks who pay fines and taxes in pennies. Those guys never actually accomplish more than wasting the time of the clerks who have to count it. At least with Bitcoin, they'll just have to go through the annoyance of finding a good reliable exchange to dump it on. Tongue
member
Activity: 93
Merit: 10
Imagine Me and You
February 15, 2015, 09:30:23 AM
#1
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?
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