“Vermont has recently taken some legislative steps that could see the state using Bitcoin’s technology for state records, smart contracts and other applications in a drive to become ‘a leader in the field.’ Neither the bill nor the amendment reference ‘Bitcoin’ but rather the distributed immutable worldwide ledger database that Bitcoin runs on – the blockchain. Legislation such as that from Vermont seems to follow this same path of burying Bitcoin and at the same time embracing it. This also has to do with the recent Bitcoin 2.0 awakening that the Bitcoin blockchain public ledger is not merely a rail to move virtual currency, but a powerful means to transmit information.”
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