North Carolina wants to invest some of its money in Bitcoin! This is like putting some of the state's savings into a special type of digital money. It's a big decision because it could help the state's money grow, but it also has risks.
- The state will only invest in Bitcoin, because it's one of the biggest and most well-known cryptocurrencies.
- They can only invest up to 10% of their total savings in Bitcoin.
- This decision is part of a bigger trend. More US states are considering similar investments.
Fact | Detail |
---|---|
Minimum Bitcoin market value | $750 billion |
Maximum investment allowed | 10% of state funds |
Number of states with proposed crypto investment bills | 19 |