A senator within the U.S. state of Arizona has launched a set of cryptocurrency payments, certainly one of which seeks to make bitcoin authorized tender. “Centralized digital money controlled by the central bankers is slavery. Decentralized bitcoin is freedom,” the lawmaker stated.
Arizona Lawmaker Wants to Make Bitcoin Legal Tender
Arizona State Senator Wendy Rogers has launched a number of crypto-related payments, together with one to make bitcoin authorized tender in her state.
“Launched my crypto bills today,” Rogers tweeted Tuesday. The payments are co-sponsored by her state senate Republican colleagues Jeff Weninger and J.D. Mesnard.
One of the payments proposes making bitcoin authorized tender. The laws defines the cryptocurrency as “the decentralized, peer-to-peer digital currency in which a record of transactions is maintained on the bitcoin blockchain and new units of currency are generated by the computational solution of mathematical problems and that operates independently of a central bank.”
Another invoice proposes permitting state companies to enter “into an agreement with a cryptocurrency issuer to provide a method to accept cryptocurrency as a payment method of fines, civil penalties or other penalties, rent, rates, taxes, fees, charges, revenue, financial obligations, and special assessments to pay any amount due to that agency or this state.”
Rogers launched the same invoice to make bitcoin authorized tender in Arizona final 12 months nevertheless it was rapidly shot down. She tweeted final April:
Centralized digital cash managed by the central bankers is slavery. Decentralized bitcoin is freedom.
In September 2021, El Salvador turned the primary nation to undertake bitcoin as authorized tender alongside the U.S. greenback. Since then, the nation, led by the pro-bitcoin president Nayib Bukele, has bought hundreds of BTC for its treasury. Last November, Bukele introduced that El Salvador is shopping for bitcoin daily.
Do you suppose bitcoin will turn into authorized tender within the U.S.? Let us know within the feedback part under.
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