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You Won’t Believe What Louisiana Just Did: Now You Can Pay Your Taxes in Bitcoin (And Watch Them Vanish Into Thin Air)

A  illustration showing a smiling alligator holding a wallet made out of a bitcoin symbol, surrounded by dollar signs swirling around it in a whirlpool effect, as if money is being sucked into thin air.

Now that we’ve reached peak gullibility, it’s no surprise to see a state like Louisiana embracing cryptocurrency as a payment option for its services. Because what could possibly go wrong? We’re talking about a system where residents can pay their taxes in Bitcoin and enjoy the thrill of watching their money lose value overnight. The State Treasurer is quoted saying that this move will provide citizens with flexibility and freedom, but I think he’s just trying to convince himself it’s not a terrible idea.

Source: bitcoin.com

The U.S. state of Louisiana has announced that residents can now use bitcoin, bitcoin lightning, and USD Coin to pay for state services through private, secure crypto wallets. “By introducing cryptocurrency as a payment option, we’re not just innovating; we’re providing our citizens with flexibility and freedom in interacting with state services,” said Louisiana’s State Treasurer. Louisiana State Treasurer John Fleming announced on Tuesday “an innovative transition with state government’s […]

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