Texas is thinking about adding Bitcoin and other cryptocurrencies to its money! It's like having a special savings account, but instead of dollars, it would hold digital money. This could protect Texas' money from losing value due to inflation.
- Texas lawmakers want to use Bitcoin to protect the state's money.
- Other states are also looking into this idea.
- Some states already rejected similar plans because digital money can be risky.
Fact | Details |
---|---|
Bill Number | Senate Bill 21 (SB-21) |
Cryptocurrencies Involved | Bitcoin and others |
Goal | Protect against inflation and economic instability |
Similar Bills | Introduced in over 20 states. |