This is an excerpt from Jimmy's statement on the matter, titled: "Florida Needs Cryptocurrency Oversight"
"We cannot allow the cryptocurrency industry to expand in Florida unfettered and unchecked with the potential for so many, including our large population of seniors, to be exploited..."
...although, I particularly generally agree with him that people should be protected from fraud but I don't think the government has jurisdiction on the majority of cases and I feel as if private enterprise could handle this dispute better. Personally, all individuals should be responsible for their own terrible investments, but sometimes the media likes to blame others. Patronis has offered to appoint someone for oversight, some are calling it a Crypto Czar in Florida, which will handle major disputes between securities, and commodity trading/investing when it comes to ICO's and other popular cryptocurrencies.
Cryptocurrency use is expanding within Florida, especially for counties near popular beaches, near Tallahassee, Miami, and Orlando! Recently, in May, Seminole County Tax Collector (of Florida) became the first US government agency to announce that it will accept cryptocurrency for payments, such as, Bitcoin and Bitcoin Cash! You may be able to use Bitcoin to pay for government services such as paying property taxes, getting a drivers license or an ID card, replacing tags and getting a new vehicle title, etc! The agency serves the community within parts of the Orlando-Kissimmee-Sanford metropolitan, and has partnered up with Bitpay and will begin rolling out crypto-use later this Summer!
Will you begin adopting Bitcoin or other cryptocurrencies? How do you feel about cryptocurrencies being accepted as a payment method for government services?
