Re:Ohio will accept Bitcoin for corporate tax payments via B...
by TekMol on Sunday November 25, 2018 @01:45PM
(#18528167)
Not sure if this really counts as 'accepting Bitcoin for tax payments'. You surely can pay in anything via a middleman, as long as the middleman sends dollars to the state?
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Re:Ohio will accept Bitcoin for corporate tax payments via B...
by 27182818284 on Sunday November 25, 2018 @01:59PM
(#18528274)
That's a good point, and should be mentioned, but I think it is also important to remember that businesses "accept Visa for payments" via a middleman (e.g, Braintree or Stripe) and that is still considered the same as "accepting Visa" as far as the general public and shop owners are concerned.
Re:Ohio will accept Bitcoin for corporate tax payments via B...
by JumpCrisscross on Sunday November 25, 2018 @02:04PM
(#18528304)
> and that is still considered the same as "accepting Visa" as far as the general public and shop owners are concerned
Which is itself accepting a payment network’s promises to deliver bank deposits to you which are, themselves, a promise by a bank to redeem to you electronic or physical dollars. Ohio is replacing the Visa layer with a Bitcoin layer; all else is the same.