New Hampshire Goes Full Bitcoin Maxi—First U.S. State to Legalize BTC Reserves
Move over, gold—New Hampshire just rewrote the playbook for state treasuries. Governor Sununu slams the gavel on America’s first Bitcoin reserve bill, letting the state stockpile BTC like digital Fort Knox.
Why it matters: While Wall Street hedge funds dither over ETF approvals, this granite-state gambit cuts straight to the chase—legitimizing Bitcoin as a reserve asset before the Fed even finishes its CBDC powerpoint.
The fine print: No taxpayer funds allocated (yet), but the framework’s in place. Treasury now authorized to HODL through bear markets, bull runs, and whatever fresh hell Gary Gensler cooks up next.
Bonus snark: Because nothing says ’fiscal responsibility’ like a state government betting its savings on the asset that made ’rekt’ a financial term.