Residents in Portsmouth, New Hampshire can now pay their payments utilizing cryptocurrency.
Clients who’ve cryptocurrency, like bitcoin, saved of their PayPal account can now use it to pay any excellent money owed to the town.
The mayor introduced the concept to metropolis leaders, saying he needed Portsmouth to embrace the concept of digital forex and provides residents extra methods to pay their payments.
“The learnings of going by way of this course of is I believe metropolis corridor has realized extra about cryptocurrency and blockchain and how one can use these to raised metropolis providers, is mainly what I would like us to do,” Mayor Deaglan McEachern mentioned.
McEachern mentioned any cryptocurrency funds will likely be instantly transformed into US forex – so this transformation doesn’t have any affect on the town’s monetary practices.