California introduces bill to make ₿itcoin 'Legal Tender' [SB 1275] 🌉🧾🤑

A bill was put forth into motion that seeks to make ₿itcoin Legal Tender.
Government would accept ₿itcoin and other cryptocurrencies for State Taxes, Permits, DMV, Licenses and Fines. If the CA government holds onto the ₿itcoin and does not convert it to USD, it's very likely California will become the richest State in America, by multiple times, before the year 2030.

The piece of proposed payment legislation reads as follows:

"SB 1275, as introduced, Kamlager. State agencies: cryptocurrency.

Existing law establishes state agencies for various purposes, including to provide certain services to the public for which payment is required. This bill would authorize a state agency to accept cryptocurrency as a method of payment for the provision of government services."

READ THE BILL: https://openstates.org/ca/bills/20212022/SB1275/

READ MORE: https://www.fool.com/the-ascent/cryptocurrency/articles/bitcoin-bill-introduced-to-allow-californians-to-pay-state-services-with-crypto/

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