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RE: Crypto Revolution: AZ Senate Passes Bill Officially Recognizing Bitcoin as Money

More symbolic legislation. This is noteworthy enough to post because people are interested in it, but in reality it's just a political circle jerk. We saw it the last few years with basically the exact same legislation for gold and silver in a few states. It meant nothing for the price of gold and silver then, and it means nothing for the price of Bitcoin now. I'd have given them credit here, had they done this before Bitcoin went parabolic because then it would have "legitimized" Bitcoin.

In the end, this legislation is just a way for politicians to suck their own cocks.

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Agreed. But it will get more people talking about crypto in general so we might see some good come from this.

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