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 make those excruciatingly long DMV lines magically disappear? We can neither confirm nor deny it.
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Either way, a government agency accepting cryptocurrency is another step forward toward broader cryptocurrency adoption.
Full story
When you imagine the future of crypto, what do you see?
Some would probably imagine themselves 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.
Which 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 simply choose your favorite cryptocurrency and press the big ‘pay’ button.
Is it a game changer for customers? Not really.
Will it make those excruciatingly long DMV lines magically disappear? We can neither confirm nor deny it.
Either way, a government agency accepting cryptocurrency is another step forward toward broader cryptocurrency adoption.
(So we’ll take it!).