Ohio State Bitcoin Reserve : HB 703

Ohio State Bitcoin Reserve : HB 703

By Novasky | DevPress | 19 Dec 2024


Ohio state is one of those states which are not coming much into the news. Until their mayor of waterville wanted to get the state into the attention. He wanted to put the bitcoin reserve for the state and get the state secured on the debt and the nation level safety for the state performance on debt side. 

So the Derek merrin the mayor of the Ohio state has published a tweet related to the bitcoin reserve. And this bill which is mentioned in the tweet is called as the HB703. 

As the state wants to secure the nation for the USD devaluation. And the way devaluation happens. This bill is all about how the state is meant to be invested into the bitcoin and how the reserve is meant to serve the state. And they are building it in such a way that in the case of the USD fallout they would get the reserves to work for the nation. 

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If you check the google for this bill and each state working towards the bill like this and making sure the reserves are built. USA is not only insecure about the fall out of the USD but planning to stand the windfall when that happens. 

You can check out the bill on the official site for the bill here

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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