Ohio State Treasurer on Accepting Bitcoin for Tax Bills, GM Plant Closings

Ohio is the first U.S. state to allow tax payments via cryptocurrency, aiming to provide more options and ease for taxpayers while promoting Ohio as a hub for blockchain technology. The process involves using BitPay to convert cryptocurrency to U.S. dollars, ensuring no risk for the state. Despite challenges like high fees and digital wallet setup, Ohio offers a lower fee for cryptocurrency payments compared to credit cards. The state is also hosting events to support blockchain technology. Separately, the closure of a GM factory in Ohio has sparked political and economic concerns.

How do the fees for paying taxes via cryptocurrency compare to those for credit card payments?

What feedback have businesses in Ohio provided regarding the state's embrace of blockchain technology?