Governing Body Of Louisiana Gives Bitcoin Its Nod Of Approval

Bitcoin has gained increasing levels of adoption over the past several months amid its rise past $60,000. The government of the U.S. state of Louisiana recently released a resolution in which it noted some of Bitcoin’s (BTC) accomplishments.

“THEREFORE, BE IT RESOLVED that the House of Representatives of the Legislature of Louisiana does hereby commend Satoshi Nakamoto for his contribution to economic security,” said House Resolution No. 33 from Rep. Mark Wright. According to an article from The Hill, the document was signed on Thursday.

The shout out to anonymous Bitcoin creator Satoshi Nakamoto came after the document gave BTC a pat on the back for its success in terms of adoption and market capitalization. The first lines of the resolution read: Read more…..

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Money will become more and more digitized, according to Jim Rogers, investor, best-selling author, and co-founder of the Quantum Fund, but the question is whether or not non-government issued digital currencies will prevail.

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