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Texas House Greenlights Bold Bitcoin Reserve Plan—First State to Bet Big on Crypto
Texas House Greenlights Bold Bitcoin Reserve Plan—First State to Bet Big on Crypto
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Lawmakers just flipped the switch on a financial experiment that could redefine state treasuries. Texas’ House passed a bill to create a strategic Bitcoin reserve—putting taxpayer money where its crypto-mouth is.
The move signals a growing institutional embrace of digital assets, even as traditional finance scoffs. ’Diversification’ or reckless speculation? Wall Street won’t decide—the Lone Star State just cut them out of the equation.
One thing’s certain: when the next bull run hits, Texas won’t be stuck holding worthless fiat like some 2008-era hedge fund.
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