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RE: " Arizona Votes to Accept Tax Payments in Bitcoin " Steemit Writes Poetry
Since there will only be 21M BTC coins in the world, does it make sense to pay your taxes using BTC? Do you really want to enrich the state government with BTC?
I agree with you, the Scarcity of BTC will push the value up with time...
The significance of this development is that State governments are going to start legitimizing the Crypto Industry if they allow you to pay via BTC. Governments becoming financial adopters of crypto will accelerate its rate of acceptance & global investment (ultimately raising prices significantly!).