Crypto monies can be used for everyday transactions because, in the near future, many governments and private legal entities have begun to adapt to the revolutionary new technology. As a new development, BitPay is making an official deal with Seminole County Tax Collector Joel M. Greenberg in Florida. Crypto money can be paid in Semiole under the agreement.
The project, which will be phased in, will be able to use Bitcoin [BTC] and Bitcoin Cash [BCH] for tax payments that will start early this summer. Crypto money will be available for district residents, driver licenses, ID cards and even real estate tax payments.
The seminole County tax collector, Joel M. Greenberg, explained:
We live in a world where technology can be accessed on demand, with same-day delivery and highly efficient customer service. And we have to expect the same from our viceroy. Our goal is to make the customer experience faster, smarter and more efficient and to offer government services from the 18th century to the 21st century. One way of doing this service is to add our crypto currency to our payment options.
Crypto money is not necessarily moral or immoral. It is a technology that is not related to morality. It is quite natural that the crypto money we see in many areas of usage can be used in tax payments. Governments are often insensitive to the demands of reforms. Surprisingly, however, when it comes to collecting income, they can concentrate on the subject.
Central processing units make a heavy cut in tax payment through credit or debt. The emergence of crypto money and BitPay Visa removes many past problems by providing win-win with expropriation experience. Interested people do not need to make any further changes and governments are saving on wages.
BitPay compliance officer Jeremie Beaudry elaborated on the subject as follows:
Bitpay emerged from the potential of Blockchain to revolutionize the financial industry, making payments faster, safer and cheaper on a global scale. We realized our first state agreement with Seminole Tax Office and made it possible to accept payment smoothly and easily with Bitcoin and Bitcoin Cash.
With BitPay and Seminole County, Bitcoin Cash and Bitcoin can be used for almost any payment.
**Crypto money is safer than alternative payment methods**
The money will be paid directly to the county tax collector at the following business day. Local government, however, will not be affected by the downside in prices and fluctuations. In a press release, BitPay is committed to sending Bitcoin or Bitcoin Cash amount required to pay the user's bills in press releases. This comes as a situation that removes the traditional credit card fraud and the risk of identity theft associated with credit cards.
It is reported that the company will only charge very low rates. For those who want to pay taxes, the processor will be able to access computers or smartphones.
