It is now July and California, the all-progressive State, decided to make the leap and accept bitcoin.  One has to wonder if there was any elbows coming from Silicon-valley to get the wheels turning on the decision, but really, it was a giant step for getting the currency more recognized as a valid option for alternative currencies.

 

The price of coin has been hovering around the 650.00 point this past week, and seems to be stable at this price point.  Not really sure what happened with Mt. Gox shakeup, but assuming that the missing coins were found and everyone was happy.

Oh well, it should be an interesting few months to see if any other states will jump on the bandwagon.  People are taking side bets on which states will legalize coin or weed first.  For all your favorite bitcoin betting, go to casinobitco.in.

 

For more news on the legalization, check out http://time.com/2942212/california-bitcoin-legalize/

 

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