Would you ever pay taxes in bitcoin?
I never would...
Why would I pay my taxes with something that goes up in value?
This makes no sense...
(Source: https://x.com/RadarHits/status/1805635436598968520/photo/1)
You should pay your taxes in their dirty fiat which loses value very year.
You have to convert BTC to a fiat currency to pay taxes.
Paying taxes directly with crypto cuts out an expensive middle layer.
I would love to have the ability to pay taxes in crypto. The driving question is the exchange rate and fees charged by the government.
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