0 sats \ 3 replies \ @phaedrus 28 Jan 2022
Wow! What’s the implication if this gets approved?
reply
40 sats \ 2 replies \ @0268486dc4 OP 28 Jan 2022
I don't actually think it will. The US constitution prevents States from adopting their own legal tender besides gold and silver, but it gets the conversation going.
reply
22 sats \ 0 replies \ @sidewaysram 29 Jan 2022 freebie
it wouldn't be the first time something gets approved at the state level which goes against the constitution - the ongoing argument if it does will be good for bitcoin.
reply
20 sats \ 0 replies \ @LibreLoya 29 Jan 2022
"No State shall make any thing but gold and silver Coin a Tender in Payment of Debts"
If Bitcoin is "unconstitutional" according to this, then Fiat also became unconstitutional in 1971 when they removed the Gold Standard.
reply
0 sats \ 3 replies \ @k00b 28 Jan 2022
I couldn't manage to find the actual text of the bill.
reply
12 sats \ 2 replies \ @nout 28 Jan 2022
https://www.azleg.gov/legtext/55leg/2R/bills/SB1341P.pdf
reply
0 sats \ 1 reply \ @k00b 28 Jan 2022
Oh! I get it, it's a redefinition of legal tender. I thought it'd be a typically long government bill.
reply
11 sats \ 0 replies \ @nout 28 Jan 2022
Yeah, it's just a small patch PR with only couple lines diff.
reply