U.S. Senators from Arizona have introduced a series of cryptocurrency bills, one of which seeks to make bitcoin legal tender.” Centralized digital money controlled by a central bank is slavery. De-centralized bitcoin is freedom,” the congressman said.
Arizona lawmakers want to make bitcoin legal tender
Arizona Senator Wendy Rogers has introduced several crypto-related bills, including one to make bitcoin legal tender in her state.
“I launched my crypto bill today.” Rogers tweeted Tuesday. The bill is co-sponsored by her state Senate Republican colleagues Jeff Weninger and J.D. Mesnard.
One of the bills proposes to create a legal tender for bitcoin,
. The bill defines a cryptocurrency as “a decentralized, peer-to-peer digital currency that maintains a record of transactions on the bitcoin blockchain, where new units of currency are generated by computational solutions to mathematical problems and operates independently of a central bank.”
Another bill would provide a way for state agencies to “enter into contracts with cryptocurrency issuers to accept cryptocurrencies as a method of payment for fines, civil penalties or other penalties, rent, fees, taxes, charges, revenues, financial obligations, and special assessments for amounts owed to that agency or this state. The proposal is to allow for “the following.
Rogers introduced a similar bill last year to make bitcoin legal tender in Arizona, but it was quickly shot down. She tweeted last April.
Centralized digital money controlled by central banks is slavery. Decentralized bitcoin is freedom.
In September 2021, El Salvador became the first country to adopt bitcoin as legal tender alongside the US dollar. Since then, the country, led by pro-Bitcoin President Naive Buquere, has purchased thousands ofBTC, depositing BTCinto the national treasury. Last November, Buchere announced that El Salvador was buying bitcoins daily.
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