BITCOIN BUSTS BUDGET BARRIERS: NATION'S CAPITAL EMBRACES CRYPTO FOR TAX PAYMENTS, CITIZENS CONFUSED WHETHER TO CHEER OR CRY
March 10, 2025 — In an unprecedented move that has left economists scratching their heads and crypto enthusiasts performing victory dances, Washington D.C. has declared that taxes can now be paid using Bitcoin. While some residents are thrilled, envisioning a future free from fiat, others are baffled, still trying to figure out how to log into their long-forgotten Coinbase accounts. The IRS has issued a new form, the 1040-BTC, which has already been nicknamed the "Form of the Future," though skeptics prefer "Form of the Fumbled." Amidst the chaos, local coffee shops have reported a surge in sales, as meetings to "figure out crypto tax payments" are now seemingly everyone's preferred excuse for a caffeine fix.