Sceptics say: Ohio’s bitcoin tax planning is a gimmick

According to CCN news, not long ago, Ohio announced its decision to allow companies to use bitcoin to pay taxes, which sparked criticism. Some critics said the move was a public relations gimmick, unrealistic and unsustainable.

Skeptics say, bitcoin price volatility and lack of large-scale businesses by making the monetary payment become inappropriate encryption.

University of Pennsylvania Walton School of business professor Kevin Werbach said: “the Ohio declaration is a PR stunt.” With the current bitcoin tax without what special benefits, the state just wanted to show it to a crypto currency friendly “position.

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