After the legal reserve, legal tender for Bitcoin may come.

in LeoFinance3 days ago

After the legal reserve, legal tender may come for Bitcoin. Or at least those seem to be the steps being taken in some US states.
There is a bill underway in the state of Arizona that would expand the definition of legal tender in the state, allowing Bitcoin and other cryptocurrencies to be introduced.

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This would undoubtedly be a major step forward for the adoption of cryptocurrencies among the population. In the case of Bitcoin, its limited number has already shown that it is a currency of questionable use at best. But it could open up possibilities for others, especially stablecoins.
I think this is what all these initiatives are really pursuing, rather than putting Bitcoin into use.
On the other hand, there are quite a few doubts, since the vote in the Arizona case was 6 to 4, and that shows a lot of political division. Currencies cannot be dependent on a political change in the administration, otherwise we will have chaos every four years. These types of laws must have larger majorities and a much broader consensus if they are to endure over time.

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