Paying your taxes is torrent christine princess of eroticisma complicated pain, but wait if — and bear with me here — what if you could pay them on the blockchain?
That is essentially the totally real idea being debated in Arizona, as the state's House of Representatives prepares to debate Senate Bill 1091. The bill, passed by the state Senate on Feb. 8, would allow people to pay their state taxes in cryptocurrency.
SEE ALSO: Ron Paul is now selling your grandparents Bitcoin on Fox NewsClearly, this is a great idea and nothing could possibly go wrong.
If it becomes law, the bill would let cryptocurrency-rich citizens of The Grand Canyon State make tax payments via "a payment gateway, such as Bitcoin or other cryptocurrency, using electronic peer-to-peer systems."
According to Cointelegraph, if passed into law Arizona could start accepting Bitcoin as a tax payment as early as 2020. And just what, exactly, would Arizona do without all those cryptoriches? Definitely not hodl.
"The Department shall convert cryptocurrency payments to United States Dollars at the prevailing rate within twenty-four hours after receipt and shall credit the taxpayer's account with the converted dollar amount," the amended bill explains.
Credit: josefkubes/Getty Images This, of course, means that someone could be left pretty seriously out of luck if the price of BTC or Ether suffers any kind of drop after payment has been made but before the state has converted the coins to USD. And, well, sudden price swings are the norm in the world of Bitcoin.
Still though, at least one Arizona elected official told Fox News that he's all for what he sees as the future.
"It's one of a litany of bills that we're running that is sending a signal to everyone in the United States, and possibly throughout the world, that Arizona is going to be the place to be for blockchain and digital currency technology in the future," explained Arizona State Rep. Jeff Weninger. “The ease of use, being able to do it in the middle of the night, being able to do it at home while you’re watching TV.”
Ah yes, if there's one thing Americans associate with digital currencies it's "ease."
Topics Bitcoin Cryptocurrency
Best iPad deal: Save $70 on 10th Gen Apple iPad
The Lannister crossbow in 'Game of Thrones' Season 8, explained
Charging the new Apple Pencil may mess with your car key fob
What Apple and Qualcomm's settlement means for the 5G iPhone
Trump's foreign aid freeze halts funding for digital diplomacy bureau
Apple is developing its own LiDAR sensors, talking to potential sensor suppliers for self
How plastic effects climate change
Yoko Ono issues a completely Yoko Ono statement on Trump victory
NYT Connections Sports Edition hints and answers for February 15: Tips to solve Connections #145
Chrome extension replaces pictures of Donald Trump with burgers
Elon Musk's DOGE.gov website can apparently be edited by anyone
Jaime and Claire cozy up in 'Outlander' Season 5 first look
Facebook is getting rid of its Facebook Watch show pages
Tucker Carlson says Democrats want to consume Buttigieg like a 'stew ... Yum.'
Even Trump's Earth Day message was anti
Pink announces pregnancy with Instagram photo
Trump is back to tweeting like Trump again
This musician changed his stage name because of Trump
Obama photographer Pete Souza on Trump: 'We failed our children'
Donald Trump's war on LGBTQ people has already begun
Here's Tim Cook's letter to Apple employees after Trump's winSnap's Spectacles are already up on eBayTupac and Biggie murders coming to TV from 'The People vs. O.J.' directorPeople are sharing the heartbreaking letter Leonard Cohen sent his museHere are 39 things Donald Trump has promised AmericaFollowing Leonard Cohen on Facebook made it feel like he was your family10 financial advisors on what President Trump means for your money planThese pub signs sum up the U.S. election in quintessential British stylePeople are sharing the heartbreaking letter Leonard Cohen sent his museWhat is 'Grow a Garden?' The Roblox farming simulator exploding in popularityLeonard Cohen, singer10 financial advisors on what President Trump means for your money planHow a littleReal estate publication skewered after bougie proFAA declares YUGE, glamorous noBrits are begging Obama to move to the UK and become Prime MinisterDear People Magazine: Please stop pretending the Trump presidency is normalPaul McCartney gives us all the ultimate #MannequinChallengeInternet's moodiest pet boxer will have you instantly saying 'same'Netflix's leading female characters send letters to their younger selves Revisited: Behold the Zenith Z Rise Up: Why Alexander Bedward Promised to Fly to Heaven Swedish Academy to Writers: “It’s Time to Learn the Guitar” Elena Ferrante Doxxed by Some Guy Whose Name I Won’t Use More Than a Place, the Airport Is a State of Mind The Uncanny “I”: An Interview with Kristin Dombek 'Quordle' today: See each 'Quordle' answer and hints for September 20 26 best thrillers on Prime Video to wreck your nerves How to watch the Queen's funeral on TV, on livestream, or in London Marina Warner Remembers Peal & Co, Bespoke Shoemaker In the Kitchen with Salvador Dalí TikTok's algorithms knew I was bi before I did. I'm not the only one. Best Blink security deal: Save up to 53% on video doorbells and security cameras Harry Clarke and the Art of Stained Glass Who Would Dare to Mail Feces to a Bunch of Philosophers? Ann Beattie: “Upon Knowing I Must Soon Depart” Sharpen Your Pencils: Nicholson Baker Talks about Life as Substitute Maybe What Your Office Needs Is a Bathtub Netanyahu’s Ready for More Puzzling?: The Answers 'Quordle' today: See each 'Quordle' answer and hints for September 15
1.3829s , 10194.9296875 kb
Copyright © 2025 Powered by 【torrent christine princess of eroticism】,Defense Information Network