TL; DR
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The Colorado DMV has jumped on the crypto bandwagon and now lets you pay for its services with digital coins, all through PayPal.
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Will it magically make those excruciatingly long DMV lines disappear? We can neither confirm nor deny it.
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Either way, a government agency that accepts cryptocurrency is another step forward on the road to wider cryptocurrency adoption.
Full story
If you envision the future of crypto, what do you see?
Some would probably imagine living in a metaverse à la Ready Player One.
Others envision a world where blockchain has revolutionized the way we identify ourselves online.
…and then there’s Colorado.
Who apparently sees crypto as an easy way to pay online for driver’s licenses, ID cards, vehicle registration and other DMV services.
NoReal.
The Colorado DMV has jumped on the crypto bandwagon and now lets you pay for its services with digital coins, all through PayPal.
You just choose your favorite cryptocurrency and press the big ‘pay’ button.
Is it a game changer for customers? Not really.
Will it magically make those excruciatingly long DMV lines disappear? We can neither confirm nor deny it.
Either way, a government agency that accepts cryptocurrency is another step forward on the road to wider cryptocurrency adoption.
(So we’ll take it!).