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IPFS News Link • Bitcoin

Bitcoin Breaks Out, You Can Now Pay The IRS In Cryptocurrency

•, twilson1utk
  SnapCard is a San Mateo-based startup with the stated aim of making it possible to buy anything on the internet using virtual currency. The product works by way of a browser bookmarklet that integrates a bitcoin checkout process with ecommerce sites – want to use bitcoin to pay Zappos for shoes, Amazon for a book or eBay for some retro stuff? SnapCard allows you to do so.

The idea of paying for ecommerce goods via crypto currency, however, isn’t really super novel – it’s an obvious use case. Online shopping, online alternative currency- it goes together like… peanut butter and jelly. But what if someone told you that they enabled the payment of tax debt via bitcoin? .

1 Comments in Response to

Comment by Anon Commenter
Entered on:

BITCOIN is just another virtual or illusionary currency.  It has NO INTRINSIC value, just like FRN's ("Federal" "Reserve" Notes, which are nothing more, than pieces of paper with ink on them).

It is very clearly, just another attempt, to get people used to the idea of ELECTRONIC MONEY, or ELECTRONIC transactions, like paying your bills, online.  The NSA has a built-in backdoor to EVERY computer and software, including MicroSoft.  Bitcoin is just another attempt to control everyone.

For THOUSANDS of years, only silver and gold were used as REAL money.