The answer to that is dependent on whether or not anyone is paying attention to what is happening in Arizona where the state senate passed a bill that would allow
residents to pay their income taxes using Bitcoin or other cryptocurrencies “recognized” by the state’s revenue authorities.
Of course, the one concern is volatility so:
The Arizona Senate bill includes a provision mandating that cryptocurrency payments be converted to U.S. dollars within 24 hours of their payment.
This is a significant step for cryptocurrencies -- at least, on paper. If one state takes a chance like this, many could follow. But it seems unlikely without a current mindset that regulations are needed. Nonetheless, it's an interesting first approach.
Thoughts?