North Carolina is thinking about using some of its money to invest in cryptocurrency! It's like investing in digital money like Bitcoin, but not directly in Bitcoin itself. The state wants to use special funds called ETFs, which are like baskets holding different cryptocurrencies to spread out the risk.
- Lawmakers first rejected the idea, but then changed their minds.
- The state wouldn't invest in single cryptocurrencies, but in a mix through ETFs.
- Some people worry that cryptocurrency is too risky because its value goes up and down a lot.
- The state treasurer believes crypto could help make more money for state funds.
| Fact | Details |
|---|---|
| What's an ETF? | A mix of different cryptocurrencies, like a basket of fruits. |
| Goal | To earn more money for pensions. |
| Risk | Cryptocurrency prices can change dramatically. |
