News for hackers. Stuff that matters.
Re:Ohio will accept Bitcoin for corporate tax payments via B... by freedomben on Sunday November 25, 2018 @01:42PM (#18528148)
> someone can simply convert their own BTC via the normal means to USD and then pay with that, same as you could sell your gold

I don't know if you've tried to sell gold, but it's a little bit more involved and difficult than exchanging BTC/USD

Re:Ohio will accept Bitcoin for corporate tax payments via B... by _asummers on Sunday November 25, 2018 @01:47PM (#18528188)
But that's what this service seems to be doing, right? BitPay's raison d'etre seems to be that service exactly.

Edit: misread the parent comment.

Re:Ohio will accept Bitcoin for corporate tax payments via B... by freedomben on Sunday November 25, 2018 @02:03PM (#18528297)
Not sure I understand your question. BitPay exchanges BTC for USD, not Gold for USD. Gold typically requires a physical exchange of goods, and can't be done electronically.
Re:Ohio will accept Bitcoin for corporate tax payments via B... by _asummers on Sunday November 25, 2018 @02:53PM (#18528639)
I originally misread your comment.
Re:Ohio will accept Bitcoin for corporate tax payments via B... by freedomben on Sunday November 25, 2018 @03:00PM (#18528683)
haha cool, no problem. Thanks for the discussion btw :-)
Re:Ohio will accept Bitcoin for corporate tax payments via B... by tedunangst on Sunday November 25, 2018 @07:12PM (#18529959)
You can also own gold through an ETF or some other vehicle, which is pretty easy to trade.