Dear Readers,
Bitcoin’s standing around the world has been methodically advancing over the course of the thirteen years since the blockchain’s genesis block was mined. At first, it was a fringe project championed only by libertarians, programmers, and cypherpunks. But in the present day, it has become a currency demanded by global citizens and supported by institutions and governments alike. Such monumental progress in such a short amount of time lends credence to some of the highest hopes from Bitcoiners around the world, namely that it could become the global reserve currency on top of which every financial system is based. Such a reality may now be even closer than we think:
From AZ to BTC
For over one hundred years, the U.S. dollar has reigned supreme as the only major currency accepted as legal tender across the United States. However, that may soon change for citizens living in the state of Arizona thanks to the introduction of a bill by a member of the state’s legislature that seeks to amend Arizona’s statutes to recognize Bitcoin as legal tender:
