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Topic: State Senator Introduces Bill to Make Bitcoin Legal Tender in Arizona - page 3. (Read 442 times)

legendary
Activity: 2576
Merit: 1860
So do you think they will be successful in making bitcoin legal tender in this state?

Of course, not.

I'm not sure whether the senator is unaware that what she's proposing in the bill is unconstitutional, which is highly unlikely, or that despite knowing she's simply trying to bring this forward to try to do a Don Quixote. Or this might simply be a test attempt to somehow stir the senate or trigger a much more contentious discussion on the matter.

So whether this will be implemented or not is not a question. After all, this bill, in the most unlikely event that it is passed and eventually signed into a law, will surely be declared null and void by the federal government right away.
legendary
Activity: 2828
Merit: 1515
I don't think it even has a chance of passing the Arizona legislature, let alone surviving the court system after it were to get challenged. This senator isn't the only U.S. politician to say they want to legalize Bitcoin, there's been plenty before her -- they know they can't do it, it's just to pander so they present themselves as being outside of the establishment. We've all heard the script before.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
The State of Arizona can pass the bill, but it needs to abide with the constitution of America. Maybe it can give access to shops and other services the legality to be used. Bitcoin to be a legal tender can't be made, maybe there'll be different laws that can get an exclusion. I'm not that technical, but from a common man's view this isn't gonna happen for now.
member
Activity: 1092
Merit: 67
As I was browsing the news from Coindesk, I happened to stumble this article-

https://www.coindesk.com/business/2022/01/28/arizona-senator-introduces-bill-to-make-bitcoin-legal-tender/

But "U.S. Constitution doesn't allow individual states to create their own legal tender"



So do you think they will be successful in making bitcoin legal tender in this state?
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