Ohio becomes first state to accept bitcoin for tax payments from business owners

Yeah, this seems spectacularly dumb. Some online vendors that were taking bitcoin stopped because it fluctuated in value so much that it was significantly different between when something was put in the virtual shopping cart and when the order was actually placed. That difference would be pretty significant in terms of tax bills, even if they cashed out immediately. And since it’s still hugely inflated and going down in value, the state will never get what they’re actually owed…

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