> Senator Sydney K. Kamlager represents the 30th Senate District, ranging from Century City to South Los Angeles and takes in Culver City, Cheviot Hills, Crenshaw District, University of Southern California, downtown Los Angeles, and a portion of Inglewood.
> Elected to the California State Senate in the March 2021
> SB 1275, as introduced, Kamlager. State agencies: cryptocurrency.
> Existing law establishes state agencies for various purposes, including to provide certain services to the public for which payment is required.
> **This bill would authorize a state agency to accept cryptocurrency as a method of payment for the provision of government services**
> BILL TEXT
> THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
> SECTION 1. Section 11000.3 is added to the Government Code, to read:
> 11000.3. **A state agency may accept cryptocurrency as a method of payment for the provision of government services**.
Article with more info:
> California’s new bill proposes to make Bitcoin a legal tender
> FEBRUARY 20, 2022 BY LIPIKA DEKA
> Political advisors in California are working on a new bill that aims to make Bitcoin a legal tender in the state. Former Majority Leader of the California State Assembly who is now a Political advisor Ian C. Calderon tweeted that he is working in collaboration with Bitcoin expert Dennis Porter to draft the new proposal.
> The news comes close on the heels of previously reported Arizona and the Island of Tonga expressing similar intentions to legalize the king coin. Looks like the California bill is set to disrupt the legal tender race once again.
> The U.S state recently hit the headlines when at a Congressional hearing politician Brad Sherman compared crypto to sub-prime mortgages and asked a Treasury Department official if “those of color will be left holding the bag if we see a collapse in cryptocurrency or stablecoins?”
> His comments invited a barrage of tweets including Ryan Selkis of Messari who accused Sherman of making it a racial issue while refusing to debate his pro-crypto primary challenger Aarika Rhodes, who happens to be Black.
> Aarika Rhodes, the U.S. congressional candidate for California’s 32nd District is looking to unseat Congressman Brad Sherman [D-Calif.], who termed bitcoin as “a way for economic justice.” “Do I love the Lightning Network? Absolutely, I think it is the future,” Rhodes said.
> With respect to BTC adoption in the state, crypto advocates believe that it would most likely catapult straight into hyperbitcoinization.
14 thoughts on “Democratic State Senators are introducing bills favorable to Crypto across the Country. This is the latest one from California trying to make Crypto legal tender:”
I don’t get why so many people in this sub want crypto to be a right-wing only thing. If crypto is seen as partisan, it’s got a ceiling in terms of how mainstream it can become. Bipartisan support for crypto is *great* for crypto investors.
What’s that I smell??
>Political advisors in California are working on a new bill that aims to make Bitcoin a legal tender in the state.
A week ago there was a thread about the guy running to unseat Abbott in the republican gubernatorial primary proposing the same. Every denizen of this sub banded together to post “that’s not allowed” and “hee haw, he must be dumb, states can’t do that!” and “hurr durr, maybe this is just my weed talking, but dis Republican sure is dumb”.
Now you’re pointing to this state senator in California and shouting, “SEE! The democrat establishment is totally pro-crypto!”
Crypto isn’t political. Gtfo..
Both sides are making moves. Their only aspiration is to secure voters..
Meanwhile the federal senators that are pro-crypto all seem to be republican, as are most of the House members.
It’ll take time, but I see more democrats being pro-crypto in the coming years. Laura Shin did a great episode on her podcast featuring two democratic politicians and their stance on crypto. Worth checking out.
All it takes is one state – just look at weed.
This is a good sign for us.
Blockchain and crypto already being used in [government contracts ](https://www.investing.com/news/cryptocurrency-news/blockchain-in-governancethe-major-drivers-2766067)
We’re falling behind in the world of finance
This is definitely heading in the right direction. I’m hesitate of politicians overall though so only time will tell
Looks like somebody loaded up their bag heavily 😅
Read the bill very carefully, they are writing a bill to allow STATE agencies to accept crypto for payment of GOVERNMENTAL services. This is not legal tender. This is the government trying to size crypto assets from stupid people.