When Gov. Jared Polis opted to allow Colorado residents to pay taxes using Bitcoin and cryptocurrencies, this was a fascinating step.

But using PayPal as the "crypto merchant," which charges its own fees and basically converts back to fiat anyway, kind of negates the whole premise

https://void.cat/d/LaxvTSY4ukBdyLmNFH1n4A.webp

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They will immediately exchange the bitcoin to fiat regardless. It's tax money, they want it to spend it immediately, so it has to be fiat.

Same thing that Liechstenstein announced recently, by the way.

It's a fucking scam anyway. Why would you pay taxes in ever-appreciating, absolutely scarce BTC instead of ever-depreciating, infinitely printable fiat? It's like using your house or your land to pay taxes.

LARP! Too stupid to HODL smh. Probably won’t even consider lightning.