Texas, Arizona Voters Want Crypto Payments Legalized
Crypto is freedom. Payment is instant and can be done straight from smartphones—scan and go.
That's the experience among El Salvadorians.
If a poll by Redfield & Wilton Strategies is anything to go by, then it appears voters in swing states—Texas and Arizona—would want their states to legal crypto payment. Of those surveyed—from California, Florida, Georgia, North Carolina, Ohio, Pennsylvania, and Virginia—roughly 30 percent of voters residing in swing states would vote yes for crypto legalization, following the steps of crypto-friendly Wyoming.
To attract investment, Wyoming allows for free crypto transactions. At the same time, crypto transactions are exempted from transmitter regulations. As such, residents in surveyed states support similar laws to spur job creation and attract investment in their zones.
All the same, there should be more effort into education since six to 10 percent of those surveyed don't know what cryptocurrencies are. And for active users, their only attraction seemed to be the high return on investment and nothing else.
While cryptocurrencies like BTC and ETH are available for trading at reputable CryptoAltum, they have utility. Bitcoin, for instance, is a perfect, efficient alternative for centralized remittance companies. It is relatively cheaper to use, promises immediate settlement features the El Salvador government is now tapping.
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