Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona.
The bill seeks to add bitcoin to the list of instruments considered legal tender in Arizona and make the peer-to-peer digital currency a lawful medium of exchange there, enabling citizens to pay debts, public charges, taxes and dues with BTC.
If enacted, all financial transactions that are currently done in U.S. dollars could most likely be done in bitcoin in the state, including payments and payouts. Citizens could opt to receive their salaries directly in bitcoin and companies would have complete freedom as to how and when they could use bitcoin.
The bill says “Bitcoin” specifically rather than cryptocurrency in general, and doesn’t mention any other digital currency besides the first and only P2P system that managed to trustlessly solve the double-spending problem of digital cash.
