A Canadian town mayor says using bitcoin to pay for property taxes has made transaction costs much cheaper. “The advantage of doing it as opposed to a credit card is the transaction costs are so much cheaper,” Mayor Lynn Dollin of Innisfil, Ontario told Day 6. Innisfil is the first town in Canada to allow residents to use bitcoin to pay their property taxes. It’s part of a one-year pilot program the town entered into with Coinberry Pay, a Toronto-based cryptocurrency company. Mayor Wants Ontario Town To Be a Tech Hub The program officially launches this week. Mayor Dollin

The post Bitcoin Transaction Costs are ‘So Much Cheaper’ than Credit Cards, Says Canadian Mayor appeared first on CCN

You may be interested

Donald Trump
shares8 views

If Trump Repeals Obamacare, He Owes US Taxpayers a $2 Trillion Refund

Brian Evans - Apr 21, 2019

By CCN: President Donald Trump’s Justice Department recently recommended that a federal appeals court strike down all of Obamacare. A petition has been filed with the U.S.…

shares10 views

Craig Wright Continues to Chase His Critics as Major Crypto Platforms Boycott His Cryptocurrency, BSV

Brian Evans - Apr 20, 2019

BSV has taken a massive slap from major market participants, but its founder, Craig Wright, continues his war against online critics, serving them with 100,000-British pound claims…

Alt coins
shares11 views

Tether Continues to Court Controversy as More Questions Emerge About Its Solvency

Brian Evans - Apr 20, 2019

The increasing public interest in cryptocurrency is drawing greater attention to stablecoins, and their potential to reduce the volatility that has come to define market values. Tether…

Most from this category

shares11 views

MonaCoin Price Pump Yields a 40% Gain

Brian Evans - Apr 20, 2019
shares11 views
%d bloggers like this: