Colorado Governor Jared Police, remains upbeat on the crypto offering despite the current market decline. The entrepreneur and politician spoke at the National Governors Association meeting on January 29, 2022, and bitcoin announced that its plan to accept tax payments in other digital currencies will continue regardless of the current crypto market scenario.
According to the recommendation of the police, the state cryptocurrenciesIt will instantly convert the payments made from the website into dollars and will not keep them waiting for a long time in crypto money:
“As the state government, we will not hold cryptocurrencies and they will be converted into dollars instantly when the transaction is processed. Management will not be on the speculative side in any way, positive or negative. We want to use cryptocurrencies as a medium of exchange for payment purposes only.”
In addition, the politician, the dollar as a value wavy He made a parallel comparison with international organizations that accept payments in foreign currencies.
Polis has long been known as a staunch supporter of the cryptocurrency. In fact, he was the first politician to legally accept Bitcoin in his campaign donations and was previously a US Senator. Joe Manchin He had a discussion with him on cryptocurrencies.
Joe Manchin’s Bitcoin in 2014 “suspicious if not completely harmful” and urged federal regulators to ban the use of crypto. In response to this call, the police responded by replacing all BTC samples in the article in question with “dollar bills”.
At a virtual conference last year, the pro-Bitcoin congressman said he wants it to be the first state to allow residents to pay state taxes with cryptocurrencies. Detailing his vision of Police, Colorado in the United States blockchain He added that it will be central to innovation, attracting investments in individual data security in the private and public sectors.