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It isn't legal in most US states. Almost all states have laws that dictate employees working within that state have to be paid in US currency
by Gotperl 12y ago
It isn't legal in most US states. Almost all states have laws that dictate employees working within that state have to be paid in US currency
- greenyoda 12y agoAnd payroll taxes certainly need to be paid in US currency. The IRS and state tax departments don't accept Bitcoin.
- bduerst 12y agoThey do, but it's classified as a "barter". If you have the option to get USD instead of BTC, then you're much, much better off getting paid the former.
- baddox 12y agoTo cite one example, here's Texas: http://www.statutes.legis.state.tx.us/Docs/LA/htm/LA.61.htm http://www.statutes.legis.state.tx.us/Docs/LA/htm/LA.61.htm