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Ohio’s treasurer talks up bitcoin tax payments, transparent government, and his own future as a crypto owner

by The Block

November 26, 2018, 7:28PM EDT  ·  4 min read

Quick Take

  • Josh Mandel wants taxpayers to have the right to know how their money is being spent
  • Ohio is the first U.S. state to accept bitcoin payments, but the state will convert those to U.S. dollars
  • Mandel states that there is a high likelihood he will own cryptocurrencies after he is out of office

by The Block

November 26, 2018, 7:28PM EDT  ·  4 min read

There was an atmosphere of excitement after The Wall Street Journal disclosed on Sunday that Ohio will become the first U.S. state to accept bitcoin for taxes. The mastermind behind this push is Josh Mandel, the forty-one-year-old State Treasurer of Ohio. In an exclusive interview with The Block, Mandel explains the event leading up to the decision to accept bitcoin for taxes, how he discovered bitcoin, and he views on the future of blockchain and cryptocurrencies.