Texas is thinking about putting some of its money into Bitcoin, a type of cryptocurrency. This is like digital money that you can't touch! It's like having money in a computer. Many people are unsure if this is a good idea.
- Bitcoin's price goes up and down a lot. It can lose value quickly.
- There's a risk of losing money to hackers who steal Bitcoin.
- Using Bitcoin uses lots of energy.
- Many people don't trust Bitcoin.
Fact | Number |
---|---|
Bitcoin price drop (March 2023) | ~30% |
Money stolen by hackers (Feb 2023) | $1.5 Billion |
Americans who trust crypto | 17% |