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Cryptocurrency doesn't free companies or individuals from their legal obligations. Paying someone in crypto doesn't mean they don't owe taxes or that the compan
by PragmaticPulp 5y ago
Cryptocurrency doesn't free companies or individuals from their legal obligations. Paying someone in crypto doesn't mean they don't owe taxes or that the company doesn't have to comply with relevant laws.
If anything, paying employees in crypto adds more layers of accounting, administration overhead, and legal work. Distributing payroll money isn't a bottleneck for city growth, so I don't know why this author tried to wedge it into this article.