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Texas Legislators Greenlight Bitcoin Reserve Plan—State Inches Toward Crypto Treasury Experiment
Texas Legislators Greenlight Bitcoin Reserve Plan—State Inches Toward Crypto Treasury Experiment
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Texas just took a big step toward becoming the first U.S. state to hold Bitcoin as part of its official reserves. A bill clearing the House sets the stage for a strategic crypto treasury—because nothing says ’fiscal responsibility’ like gambling with taxpayer money on volatile digital assets.
The move signals growing institutional acceptance of Bitcoin, even as Wall Street hedgies still can’t decide if it’s ’digital gold’ or a speculative meme. Meanwhile, the Lone Star State’s play could pressure other states to follow suit—or watch their coffers get left behind in the fiat Stone Age.
One thing’s certain: When the next crypto winter hits, at least Texas politicians will have a shiny new scapegoat.
By:
http://cryptoadventure.com/texas-moves-closer-to-setting-up-strategic-bitcoin-reserve-as-bill-passes-house/
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