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RE: CENSORED! The Challenges of Adding Cryptocurrencies as "Method of Payment" at a Shop
It sounds like these states are trying to get around the whole decentralization aspect of crypto currencies and in turn making it harder for legit business owners who would like to use it as a form of payment. Hmm
It IS kind of sad because our business is a legitimate taxpayer in this state, and such "blanket" actions actually serve to reduce overall revenues, not to "protect" anything. Whatever sales we might have been paid for with cryptos, we still would have been collecting and paying sales tax...
You just need to have all your customers become steemians. :)
I agree. Many regulations like this end up having a negative effect.