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Bill Gates: Bitcoin is a ScamBill Summary. Legal tender; specie; bitcoin. Subject. Addition To Arizona Gross Income, Banks And Financial Institutions - Title 6, Bitcoin, Cities And Towns. The proposed legislation aims to recognize bitcoin as a legal form of currency in Arizona, allowing it to be used to pay for debts, taxes and. A state senator in Arizona has introduced a bill that would make bitcoin legal tender in the state � although federal law could complicate things.