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by smsm42 2755 days ago
You do realize that within a margin of about 0.1%, 100% of Ohio taxpayers don't do the bitcoins?
1 comments

Value of tax liabilities and distribution of the debtors current holdings (BTC vs $) is a better metric to evaluate acceptable payment forms. Ohio state income tax rate is ~ 0.5% - 5%. Lots of 'businesses' don't owe anything. Accepting BTC may increase the likelihood of {high $ debtors who hold primarily BTC } actually voluntarily submitting payments. These 'businesses' would otherwise will be difficult and expensive try and to collect from.