The Bitcoin dream soon reality? – Many are the worshipers of Bitcoin – as Elon Musk recently – who, throughout the world, preach the good word and participate in their own way in theadoption of BTC and cryptocurrencies in the world. Today we are going to look at the good word of Wendy Rogers, Arizona State Senator. Indeed, the latter proposed a law Project which would aim to make bitcoin one legal tender in this state. If this bill is passed, Arizona would then become the first US state to officially adopt the king of cryptocurrencies.
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Bitcoin to foster innovation and the economy
Senator Wendy Rogers therefore believes that this initiative would drive innovation and adoption of blockchain technology in the state. It would therefore offer companies and citizens the possibility of using the Bitcoin as legitimate means of payment and take advantage of the virtues of decentralized finance.
“Breaking: Bitcoin is the best performing asset in the world this year according to data from Goldman Sachs. I launched my #Crypto bills today (…)”
Tweet by Wendy Rogers
The American dream is not over. The senator also wants the cryptocurrencies be considered as a tax exempt property. Good. Let’s not get carried away! Let’s keep in mind that this isn’t the first time she’s tried to get Bitcoin adopted. Let’s also not forget the rather negative predispositions of the US authorities regarding cryptocurrencies. In this sense, we can evoke the fight of Grayscale vs. the SEC as part of the launch of its Bitcoin ETFs.
The question ofbitcoin adoption continues to go its merry way, despite the crypto winter and its detractors who sometimes try to knock it out. Currency legal tender in El Salvador for over a year now, advised by Coinbase to certain countries, such as Brazil and Argentina as a long-term opportunity, the Bitcoin seems alive and well, just like its course.
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