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Argentine Mayor planned to receive taxes in bitcoin
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[QUOTE="Flow-er, post: 242864, member: 71012"] The use of Bitcoin is gaining momentum everyday as so many people are actually delving into the use of the Bitcoin for so many reasons. The reason why they are using it in large amount is because they knew the advantages that is in Bitcoin adoption. The advantages of the Bitcoin cannot be overemphasized because it could be used as an instrument four economic growth. So many people have used the bitcoin to process different transactions. Some would use it as a means of payment for the purchase of his products and services. Some countries adopted it as a legal tender because they knew that the digital currency is promising. We have seen several States use the Bitcoin for tax collection. This is because this particular cryptocurrency uses the blockchain and it will eliminate the third-party which will bring about easy transaction in the payment of taxes. An Argentine mayor actually decided to venture into cryptocurrency by planning to make laws that will allow the citizens to pay taxes in bitcoin. Mayor Horacio Rodriguez Larreta of Buenos Aires stated that is making moves to collect taxes in Bitcoin. This is make the payment of taxes to be very easy for the citizens [/QUOTE]
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Argentine Mayor planned to receive taxes in bitcoin
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