It is extraordinary and this indicates that bitcoin is getting ahead and is increasingly being recognized by many countries.
But every decision they make whether the government allows it because bitcoin is a digital currency and every country certainly has their currency that is legal and recognized by the government.
So I don't think it's easy for them to legally enforce payments with bitcoin, of course the government feels competitive with their currency.
Topic: California senator filed a bill to allow payment of state services with Bitcoin - page 2. (Read 232 times)
February 22, 2022, 08:34:41 PM
February 22, 2022, 08:34:28 PM
Amazing.. Many countries have opened and accepted cryptocurrency. In fact, crypto is not a threat but a new technology. Referring to the related statement, there are still no details regarding what crypto will be used and when it will be valid in the country. But positively cryptocurrencies have at least been glimpsed and will be enforced as a legal payment method later there.
They are now realizing the good thing it can do and to get some taxes from potential investors, they allowed it and give them the freedom to operate in their country. This is how it should be for the others that have gone hostile to bitcoins, all they need to do is stay neutral and let every exchange or other platform and stores accept BTC as payment. With this, all they gonna do is accept some taxes from their transactions when they want to convert it to fiat. All will be happy, but other countries choose to remain hostile.
February 22, 2022, 07:22:31 PM
Makes me wonder if / when it goes live how they will do it.
Process it themselves or through a 3rd party. If they do a 3rd party will they charge a fee like many state agencies do when taking credit cards.
I doubt they will hold any as BTC, since for the most part states don't hold anything but cash.
-Dave
Process it themselves or through a 3rd party. If they do a 3rd party will they charge a fee like many state agencies do when taking credit cards.
I doubt they will hold any as BTC, since for the most part states don't hold anything but cash.
-Dave
February 22, 2022, 06:26:23 PM
Senator Sydney Kamlager from California has recently filed bill 1275, which states:
It seems that there is a momentum building in the US, after Colorado started moving into this path earlier this year.
Quote
A state agency may accept cryptocurrency as a method of payment for the provision of government services.
It seems that there is a momentum building in the US, after Colorado started moving into this path earlier this year.
Amazing.. Many countries have opened and accepted cryptocurrency. In fact, crypto is not a threat but a new technology. Referring to the related statement, there are still no details regarding what crypto will be used and when it will be valid in the country. But positively cryptocurrencies have at least been glimpsed and will be enforced as a legal payment method later there.
February 22, 2022, 05:58:40 PM
Senator Sydney Kamlager from California has recently filed bill 1275, which states:
It seems that there is a momentum building in the US, after Colorado started moving into this path earlier this year.
Quote
A state agency may accept cryptocurrency as a method of payment for the provision of government services.
It seems that there is a momentum building in the US, after Colorado started moving into this path earlier this year.
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