To Make Bitcoin Legal Tender in CA, Bitcoiners May Have To Rewrite Constitution
From blockworks.co
California bitcoiners are hoping to make the state the first to accept the cryptocurrency as legal tender, even if it means going up against the US Constitution. “This is a bottom-up approach, just like bitcoin is a bottom-up approach,” said bitcoin advocate Dennis Porter, who is working to advance the bill. “The states have the final say over what is in the Constitution, and if we have to, we’ll go to an Article V and we’ll rewrite the Constitution.” Republican State Rep. Jordan Cunningham introduced assembly bill 2698 February 19. The bill has since been referred to committee. The goal is to establish bitcoin as ...
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