Arizona Senator Introduces Bill To Make Bitcoin Legal Tender In The State
#Arizona #Senator #Introduces #Bill #Bitcoin #Legal #Tender #State
Arizona Senator Introduces Bill To Make Bitcoin Legal Tender In The State
#Arizona #Senator #Introduces #Bill #Bitcoin #Legal #Tender #State
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Sounds very promising, until you read:
>This is the second time that Sen. Rogers has introduced a bill aimed at making bitcoin legal tender in her state. She introduced the same amendment in January 2022, which died by the second reading.
Strong resistance to this proposal.
Also, the US constitution is at odds with this:
> No State shall […] make any Thing but gold and silver Coin a Tender in Payment of Debts.
https://constitution.congress.gov/browse/article-1/section-10/clause-1/
It seems this power is beyond the state, and lies at the discretion of the federal government.
Wendy Rogers is absolutely batshit crazy, not really someone I like to be associated to tbh. She managed to get censored by her own party in the AZ senate, that’s how crazy she is, even Arizona republicans don’t want to be associated with her
The bill is unlikely to pass anyways, and if it did the Arizona Supreme Court would probably strike it down since it conflicting with the Constitution
Zero chance it passes..
Expectation : Introduces Bill -> Bill is passed -> Crypto as legal tender for everyone in Arizona
Reality : Introduces Bill -> *Bill dies 3 seconds later*
This woman is a complete nut job
She’s an alt-right, conspiracy theorist, Capitol Hill storming moron Trumper who’s most definitely in the pocket of some crypto bigwig. Y’all need better heroes.
She did, but she’s also an idiotic election denier who couldn’t get it passed in the last session, so….
Time to long Arizona
Based Arizona Iced Tea 🍵
FOMO is hitting the senators too.
It is time to fill Arizona with solar panels to mine BTC.
Arizona is the El Salvador of the U.S… that analogy holds up, right?
They are slowly realising the importance of BTC.
Bullish on Arizona.
Don’t think it will pass but it’s a direct message to governments that something is changing.
“There is no reason why crypto would continue the pump!”
Arizona: hold my *bear*
The Bank Elite wants Bitcoin dead but it just keeps on growing. Good job Arizona!
Sen. Wendy Rogers is a big fan of blockchain and Bitcoin and is preaching about it often in the last couple of years. We need more Senators like her!
Don’t get too excited:
> This is the second time that Sen. Rogers has introduced a bill aimed at making bitcoin legal tender in her state. She introduced the same amendment in January 2022, which died by the second reading.
Haters on this, who cares if it’s a PR stunt, it’s good to have it happen
​
If someone creates a cure to cancer, I’m not going to bash it because the guy doesn’t perfectly align to my values…?
I will put Arizona to my possible moving list.
“Arizona senator shot down in the senate/house after trying to make fraudulent cryptocurrency legal tender”
• News outlets, probably
It is the future, just a matter time now!
This would’ve caused a 15% pump in the bull market
Yeah… I think the Federal Reserve is going to want a word with these people before they unilaterally decide to make BTC legal tender.
Even if it doesn’t pass, its still a small start towards something bigger.
AZ gonna need to make water official currency more than BTC. That’s what they should worry about.
Literally the same news story side by side in the Hot news feed
Bitcoin Army