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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto
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Poster Handle
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Anonymous Coward |
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Post Content
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he ruling by New Zealand’s tax authority allows salaries and wages to be paid in cryptocurrencies such as bitcoin from September 1, as long as the payments are in regular, fixed amounts. The digital currency of choice must also be pegged to at least one regular currency and must be able to be converted directly into a standard form of payment. [ link to www.zerohedge.com (secure)] Shit, they are fucked. This is how they get rid of cash. And can see how much you earn, and how much you need to pay tax, and where do you spend it and how to control it if you misbehave. If it has to be pegged against a regular currency, then it isn't a true crypto currency, but just a digital currency. Only fools would fall for this, as they would have ultimate control.
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