Arizona Makes History: Bitcoin Reserve Bill Clears Final Senate Hurdle
Arizona just turbocharged its crypto credibility—the state senate greenlit a groundbreaking bill to establish a Bitcoin reserve. No more waiting on the Fed’s printer; the Grand Canyon State is stacking sats like a Wall Street whale.
Why this matters: States are now the innovation labs for monetary policy. While D.C. debates regulation, Arizona’s playing chess—positioning itself as a crypto hub before the next bull run.
The fine print: Zero taxpayer funds at risk (take notes, legacy finance). Instead, the bill allows corporate donations in BTC to seed the reserve—a clever end-run around bureaucratic red tape.
Cynic’s corner: ‘Because nothing says fiscal responsibility like backing state reserves with an asset that can swing 20% before lunch.’ But hey, at least it’s not fiat.