“The city commission in Vicco is set to consider whether to begin paying the police chief’s salary in the virtual currency Bitcoin. Chief Tony Vaughn made the request during the commission’s regular meeting last week, explaining under his proposed arrangement the city would take out all applicable taxes from his salary as normal, and then convert the take-home pay to Bitcoin, which is then transferred instantly to Vaughn. City Attorney Lori Reynolds also noted the logistics of setting up such as transaction with the city, a heavily regulated government entity, paying an employee with an unregulated currency not yet recognized by the federal government.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Trump Readies Sweeping Tariffs and Investment Restrictions on China
Syria air defense head killed by US-backed jihadist rebels
Analyst says HSBC overstated assets by billions
Corporate America's buyback binge feeds investors, starves innovation
Haircuts for a digital dollar? Bitcoin's small business use
Woman scams metal buyers out of thousands with fake silver bars
Yemen: a catastrophe that shames Britain
Trial set for Tulsa police officer accused of robbing Hispanic drivers
China: We would fight a trade war 'to the end'
U.S. Demands Wells Fargo Records To Identify Tax Cheats Using Caribbean Havens
Officer Convicted In Shooting Death Becomes Police Chief
Anti-drone protesters knocked off course by broad restraining order
Indefinite Detention and the NDAA: The rise of America’s imperial presidency
Highway bill revives the Export-Import Bank after only five months
Supreme court cellphone case puts free speech – not just privacy – at risk