Paying taxes with bitcoin is one of the most important defense mechanisms of BTC

It is my unqualified belief that the biggest threat against bitcoin and cryptocurrencies is the government. A government ban on cryptocurrencies would lower their value and use significantly. However, if people pay taxes in BTC, that means the government now holds BTC itself - it will be heavily disincentivized to pass any laws forbidding the use of cryptocurrencies, since that would just lead them to wipe out a (potentially) significant portion of money. In fact, if people pay taxes with BTC the government will become incentivized to act in favor of cryptocurrencies.By paying taxes with BTC instead of fiat, all the positives of BTC would remain and its biggest threat would be removed. Independent of your position on taxes, this is something to be positive about. via /r/Bitcoin https://bit.ly/3wET1Ua