Nearly half of the state governments in the United States are either on a way towards putting some of its money in encryption or already, and a lot of prosperous attention suddenly by linking its financial future to digital fashion markets after US President Donald came, Trump showed support for a national store of numbers.
In increasing legislative or financial efforts at the state level, 21 states invest or invest in investment – in general in the pioneering sandy symbol in the industry, (BTCSometimes in the least fluctuating stablecoins that are designed to suit the value of the US dollar, according to the Coindsk analysis. With the presence of states such as Arizona, Pennsylvania, Utta and Texas already in legislation to open public funds for the purchase of encrypted currencies, these initiatives may exceed efforts in Congress that target the so -called strategic Bitcoin R.
Sixteen legislative bodies in the state are looking for bills either to create digital asset stocks or to allow retirement funds in the country partially in encryption, most of which have been presented in recent weeks. Officials in three other states participate in serious discussions about joining them, and money managers of two countries – Michigan and Weskonsen He owns Indeed parts of the retirement portfolios for their general employees in encryption ETFS.
If the states start pouring parts of their public funds in Bitcoin and other digital assets, it is possible that billions of dollars of symbols will be closed for extended periods, which enhances the value of assets that are still circulating publicly. Another effect: The states are likely to create millions of people to obtain personal classes in the health of the encryption sector – whether they want it or not.
In many proposals, the governments are looking to follow the footsteps of Michigan and Yistson in pushing parts of pension funds and pension investments in digital assets. Retired school teachers, law enforcement employees and other public employees will see that some of their financial security depends on the fluctuations of encryption markets.
Other legislations will learn the state treasury to spend up to 10 % of their public fund .
Arizona and Utah is building the initiative after obtaining their efforts by the legislative committees, but other countries that weigh some of the issuance of an Illinois, Indiana, Kansas, Massachusetts, Missouri, Montana, New Hampshire, North Dakota, Ohio, Oklahoma, Oklahoma, South Dakota and Woewang. Others, such as Alabama, Florida and Kentucky, are studying proposals from state officials or on the verge of follow -up legislation. The countries interested in the reserves of digital assets are mostly Republican in their policies, and the reasons that make legislators say they support bills include the diversity of investment and the embrace of technological innovation.
The amount that the states put in the end can be overwhelmed by the US government reserves, if this effort comes. President Trump, in His broader executive in the American encryption policyHe called for his administration to “evaluate potential creativity and maintain the stock of national digital assets.” It was suggested that it may be built from government seizures for encryption in criminal cases.
The idea was Initially it was developed Written by Senator Cinemia Lomes, Republican in Wyoming, who devotes a lot of political reluctance to support encryption and was named as Senior Chairman of the Sub -Committee for Digital Assets of the Senate Banking Committee. Its bill to create an American reserve calls the country to obtain about $ 20 billion in the first year and get one other 200,000 in each of the next four years, until the United States eventually holds a million Bitcoin.
Although the Lummis Stadium has described it as a “strategic Bitcoin reserve”, it is not – like the Petroleum Reserve – is designed to publish when this guarantees economic conditions. It is more organized than a long -term investment, and the United States requires to keep assets for at least 20 years.
This will be approximately 5 % of the limited offer of the global bitcoin that has not touched it for at least two decades. Besides everything that countries seek to store, American governments will secure a large percentage of the original, as well as the tall reserves kept by ETF exporters in the United States such as Blackrock and Grayscale and investors from the companies led by Microstrategy.
It is possible that the interest of countries in Bitcoin in the practice of Satoshi Nakamoto’s final for financial foreigners firmly in the world’s world, adding the original to the basic functions of the government. Bitcoin white paper aims to create a system of transactions Outside the need for financial brokers or government control.
The countries that create Bitcoin can be partially run by new laws of the most institutional investors in the industry. Bitcoin as a “strategic reserve” places digital symbols on an equal footing with gold and oil as basic economic tanks, despite the different nature of encrypted and practical currencies Weakness as an enlargement of inflation.
From the point of view of their citizens or their public employees, it states that the seizure of encryption shares will come out with possible results: millions of people will enjoy the most comfortable and well -convenient public services; Or, millions of people will see a shattering encryption that they depend on.
“It may be” catastrophic for tens of millions of retirees if government officials gambling the state pension funds to purchase Bitcoin or Crypto, “said Dennis Keylir, CEO of Better Markets, a group of advocacy in Washington, who criticizes the dangers of digital assets.
He called the idea of a stock of government bitcoin “a rude attempt by a handful of encrypted billionaires and their political allies to take money from taxpayers pockets in the main streets to create artificial demand for a very fluctuating product that suffers from mutation cycles,, full of fraudulent trading and pricing in the irregular markets And he has no legal use, but it is loved by criminals. “
Polymarkket has placed the possibilities of one of the states that began to allocate Bitcoin reserves before the end of this month In 11 %And the opportunities to establish the United States such as this year at the national level In 45 %.
It may actually be a trend that governments around the world cannot ignore.
“We expect more national countries, central banks, sovereign wealth funds, and the government’s treasury will look forward to setting strategic positions in Bitcoin,” Feliti digital asset researchers predicted. Report of consideration in 2025. “In the face of challenges such as insulting inflation, exposing the currency, and increasingly crushing the financial deficit, the lack of any bitcoin allocation may become more than one danger to countries more than one manufacture.”
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