California Cryptocurrency Bill
California has become the center of a heated debate over the cryptocurrency bill. Claims that the state could make Bitcoin legal tender came to the fore. The heated debate on Twitter focused on the surprising US state's legal recognition of Bitcoin.
Bitcoin advocate, political strategist Dennis Porter and Democratic Party politician Ian C. Calderon were the names at the center of the allegations.
Serving in the California State Assembly, Calderon announced on Twitter that he and Porter are working on Bitcoin.
Calderon's sharing, quoting Porter's tweet, almost divided the social media platform in two.
While Porter and Calderon meant all cryptocurrencies over Bitcoin, the comments on the shares also drew attention.
While Porter's tweet stated that "the bill has been submitted", Calderon stated that they are working on legally researching Bitcoin for the bill.
Twitter users debated the difference between the two expressions.
California Cryptocurrency Bill Takes an Open Approach
With these shares of the duo, it was a matter of curiosity how the step to be taken in California would take shape.
The bill, which was made public, made it clear that Bitcoin would be specifically recognized as a “method of payment.”
Let us remind you that the US Constitution does not give the states the freedom to recognize Bitcoin as the official currency.