Arizona writes history: First to implement Bitcoin Strategic Reserve

in LeoFinance10 days ago

Pioneers

Arizona is a state of pioneers, from gold diggers 200 years ago to Bitcoin pioneers today. The Arizona state senate has approved the implementation of a Bitcoin Strategic Reserve with the funds of the state. The vote was supported bipartisan with 69 votes pro and 28 votes against.

Now, the bill is transferred to the House of Representatives. But that looks like a formality after the overwhelming support in the Senate.

10 %

10 % of the state’s public funds, including the retirement holdings can be used to be put into cryptocurrency assets.

This is a major breakthrough for digital assets all over the world. And will set the tone for other states and countries to do exactly the same. The influx of money into the market will be unprecedented and will push the price of cryptocurrency like Bitcoin to astronomical highs!

The future is very bright.

Sincerely,

Pele23

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Nice news! By the way, us gold diggers are still finding gold in Arizona! There's still plenty to be had if you go out find it!
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