Ohio First State to Accept Bitcoin: Calling Crypto Secure, Transparent, and Low Cost428.07

Beginning Nov. 26, Ohio will begin accepting Bitcoin payments for twenty-three kinds of business taxes. The state will become the first in the United States–and one of the first governments in the world–to accept cryptocurrency.

Up until now, there have been concerns that Bitcoin would not become a suitable means for conducting payments, instead, describing the cryptocurrency as a store of value. Opponents have described Bitcoin as “slow and costly.”

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