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Benefit: Less Costs to the State (lower transaction fees) + $0 set up fee. More secure than credit card transactions. Safer/More Secure + Cheaper = Benefit -
by EricSchleien 12y ago
Benefit:
Less Costs to the State (lower transaction fees) + $0 set up fee. More secure than credit card transactions.
Safer/More Secure + Cheaper = Benefit
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And yes completely constitutional. Nobody is issuing currency. It's simply providing a means of payment that is getting converted into US Dollars through a third party payment processor. BitPay was mentioned as a company that provides those services above.
Hope this clarifies.
Eric Schleien
Prime Sponsor