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RE: Rio De Janerio Adopts A Bitcoin Standard

in LeoFinance2 years ago

The Tax rebate sounds like a great move to get people to buy into BTC. Tax amounts are still given in fiat right? So does this mean that the payment of BTC takes into the price of BTC when you make the payment or whenever the system processes it?

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As far as I understand it yes it's in their local currency you can just settle the amount in bitcoin to claim the discount