US Senator Wendy Rogers of bitcoin He introduced a bill to make it the official currency in the state of Arizona.
The bill in question aims to make Bitcoin one of the legitimate currencies accepted in the state of Arizona.
However, state citizens can pay their debts, public payments and taxes in BTC.
If the Bill Passes, Arizona Citizens Will Be able to Use Bitcoin as a Substitute for the US Dollar
If the bill is passed, many transactions, such as spending and salary payments currently in US dollars, can be made with Bitcoin.
Citizens will have the option to receive their salaries directly in BTC. Companies, on the other hand, will be completely free on where and how to use BTC.
However, a general cryptocurrency Instead of the concept of Bitcoin, it is specifically mentioned. It is known that BTC is the only cryptocurrency among digital currencies that can fully solve the “double spending” problem.
If the bill passes, Arizona could become the first US state to recognize BTC as a legitimate currency.
If the draft law is approved, it will be effective as of December 2022. As it is known, a similar attempt took place in Texas a short time ago.
The first country to recognize BTC as a legitimate currency was El Salvador last September.
The country’s president, Nayib Bukele, announced that in addition to the US dollar, which was the country’s only official currency in the past, BTC was also given the same status.