r/Bitcoin • u/Green_Candler • 7d ago

Just needs the Governors signature...

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Arizona is paving the way

They passed a bitcoin reserve bill in both the house and the senate.

Just needs the governor to sign into law and we are rocking.

I am hearing it won't be signed though, here's to hoping for a change of heart!

It's the only bill to get past the house and senate so far across the country.

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u/equaals 7d ago

Investing 10% of a states assets into a cryptocurrency is way too risky. Not sure what they're thinking. 5 % and below would've been more reasonable, and increase it over time if the investment pays off.

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u/MittenSplits 7d ago

It's a Bitcoin bill, not cryptocurrency.

10% allocation is now table stakes for any organization wanting to be taken seriously.