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LA Legislature considering crypto payments.

Posted on 5/18/22 at 7:27 pm
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22628 posts
Posted on 5/18/22 at 7:27 pm
"Essentially we're going to look at things like the state taking payments in cryptocurrency or digital payments," Wright said to the committee.

Wright has filed another bill related to cryptocurrency, House Bill 170, which would allow political candidates in Louisiana to take cryptocurrency for campaign contributions.

LINK

Meh ... somebody call Boudreaux.
Posted by SlidellCajun
Slidell la
Member since May 2019
17195 posts
Posted on 5/18/22 at 7:31 pm to


I have no problem with a candidate taking a crypto currency as a donation (or chickens or 1988 air Jordan’s…) and surprised to hear it needs a law to make it legal.
Posted by AMS
Member since Apr 2016
6541 posts
Posted on 5/18/22 at 7:37 pm to
quote:

I have no problem with a candidate taking a crypto currency as a donation (or chickens or 1988 air Jordan’s…) and surprised to hear it needs a law to make it legal.


its not just donations... LA wants to do what colorado did to accept crypto for payment of taxes and fees.
quote:

"Essentially we're going to look at things like the state taking payments in cryptocurrency or digital payments

quote:

In February, Colorado Gov. Jared Polis announced that his state would be the first to begin accepting cryptocurrency as payment for state taxes and fees


so with state governments looking to accept crypto as payment. local governments are setting up mining operations. looks like crypto will become accepted currency in a few short years as more states adopt it.
This post was edited on 5/18/22 at 7:40 pm
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