Early in September, Texas made history by becoming the first U.S. state to fund a “strategic” bitcoin reserve. This decision marks an important step in the long march towards officialdom’s acceptance of digital assets. In June, Gov. Greg Abbott signed the Texas Strategic Bitcoin Reserve and Investment Act into law....
What you might have missed there, is that Texas just made a pretty big $10 million bet on Bitcoin. I know, I know, before you roll your eyes and say “here we go with another crypto hype train,” let’s connect these dots. This isn’t just about digital dollars; it’s about...
Texas just took a major step of faith in the crypto ecosystem. It did so by becoming the first state in US history to create a publicly funded Bitcoin reserve. It was Governor Greg Abbott who kickstarted this highly coordinated orchestration when he signed Senate Bill 21. In turn, $10...
Texas, bless its heart, is always up for a fun gamble. This latest move consists of pumping $10 million into a state-backed Bitcoin reserve. Genius idea or just another shiny object to avoid addressing the deeper systemic issues? We are told that all of this is really about innovation, attracting...
