I think it's quite nice to see them accept crypto and it's the first step to adoption. However how many people do you think will be using crypto for taxes? I feel it might be a little bit risky because your basically letting the state know what your wallet address is.
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I dont think many will actually do it. We are still too early in the game. Plus who is going to give up BTC or ETH when most people believe they will go to higher levels.
If they accepted Stablecoins that might be different. Either way, it is the publicity that is important along with the validation. By accepting it, the State of Colorado is not going to take action against cryptocurrency.
We have another safe haven.
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