North Carolina is thinking about using some of its government money to invest in Bitcoin and other cryptocurrencies! This would be a big deal, involving billions of dollars in pensions for state employees. But there's a lot of debate about whether it's a good idea.
- A new law wanted to let the state put up to 10% of its money in crypto.
- Supporters believe it could make big profits, like Bitcoin’s recent rise.
- Critics worry it's too risky for people's retirement money.
- Lawmakers are delaying a decision to learn more about cryptocurrency.
| Fact | Information |
|---|---|
| Bitcoin's price | Over $88,000 (but recently higher and more volatile) |
| Proposed Investment | Up to 10% of state funds, potentially billions of dollars. |
| Concerns | Risk to retirement funds, lack of understanding of cryptocurrency. |
