Some Americans already pay their taxes in bitcoin

“Using bitcoin to pay taxes may be attractive to people who are currently at a loss from their bitcoin entry price if they want to reduce their bitcoin holdings and pay taxes around the same time,” said Farrukh Shaikh, chief financial officer and cofounder of Gath3r, a cryptocurrency mining service. Read more about it at MarketWatch. Find more information about how to pay your taxes with bitcoin at irs.gov.