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Texas

Texas

Texas is the latest US State to pass a Bitcoin strategic reserve bill.


So far, a total of 32 Bitcoin strategic reserve bills have been introduced in 24 US States.


Texas State Senator Charles Schwertner, that's an extremely Texan name by the way, said "we don't have stacks of dollar bills like we did in medieval times. We have digital currency".


The goal is clear and predictable. Texas wants to 'stockpile', figure of speech, Bitcoin as a hedge against inflation.


We should get used to it, and it's good news.


Every government with a grain of salt in its head (so not that many, admittedly) will start storing BTC in the same way they have gold and dollars.

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


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