Senator Wendy Rogers has introduced bill to make bitcoin legal tender in the state of Arizona
#Senator #Wendy #Rogers #introduced #bill #bitcoin #legal #tender #state #Arizona
Microsoft’s Changes to Xbox Console Leave Republicans Outraged #Microsofts #Xbox #Console #Leave #Republicans #Outraged
The crisis is the debt, not the debt ceiling. Exit with #Bitcoin! #crisis #debt #debt #ceiling #Exit #Bitcoin
Ford’s BlueCruise Ousts GM’s Super Cruise as CR’s Top-Rated Active Driving Assistance System -Tesla Autopilot falls to midpack as other high-tech systems improve #Fords #BlueCruise
Here’s When Grayscale Debates the SEC in Court on its Bitcoin Spot ETF #Heres #Grayscale #Debates #SEC #Court #Bitcoin #Spot #ETF
ChatGPT Is No Magic Bullet for Microsoft’s Bing #ChatGPT #Magic #Bullet #Microsofts #Bing
Blockchain Mythos: How Stories Shape The Decentralized Revolution #Blockchain #Mythos #Stories #Shape #Decentralized #Revolution
I always find this hard to understand. So legal tender means it’s recognized as money, but sellers don’t HAVE to accept it (ex: physical cash isn’t always accepted).
Further, is there a law that a seller can’t accept something that isn’t legal tender? Say a shitcoin?
What does it mean to introduce a bill? Is it a proposal that gets voted on by elected officials and made law if the vote is successful?
[Here](https://www.azleg.gov/legtext/56leg/1R/bills/SB1239P.pdf) is the bill
So there won’t be any capital gains tax there?
Slowly at first. Then all at once
Cool, but not as cool as just using it as legal tender without big daddy gubment’s permission tbh.
that definition of bitcoin is rather problematic, no?
Would that definition as written include spinoff shitcoins like bcash and BSV?
Man she’s the wrong person to do this. Bitch is insane
It’ll prolly fail again. But it’s still great news it’s even considered. Seriously, that’s insane! BTC is adopting slowly but surely. It seems inevitable!
Not going to pass.
I like the idea, but you are literally opening Pandoras box with this.
Before you guys start blindly supporting a politician for throwing up window dressing.
[Wendy Rogers said white nationalists are ‘patriots’ and called for hanging political enemies](https://www.azmirror.com/2022/02/26/wendy-rogers-racist-white-nationalists-patriots-and-called-for-hanging-political-enemies/)
Somebody else from the state should purpose this bill.
Senator…. Wendy’s? No, Roy Rogers.
Crazy how we went from all the doomsday nay-saying two weeks ago to possibly one of the strongest adoption measures yet
I would argue that the definition of “Bitcoin” in this law, is ambiguous. Seriously, there are like 25 or 30 spinoff hard fork cryptos from the original Bitcoin (BTC Cash, BTC SV, Bitcoin gold, etc.), and each of those would seem to meet the definition provided herein.
Anyways, yeah it’s bullish. Love to see this stuff.
Would make it legal tender negate its treatment as an asset, and thus avoid having to pay capital gains from it?
I thought the constitution states no state can make anything other than silver and gold as money?