Texas is thinking about adding Bitcoin to its savings! It's like adding a special kind of money to their piggy bank. Other states like New Hampshire and Utah are also looking into this.
- Texas wants to use Bitcoin to protect its money from losing value.
- New Hampshire and Utah are also considering using Bitcoin for some of their savings.
- Even the US President talked about the idea of using crypto as a national reserve.
State | Action | Amount |
---|---|---|
Texas | Passed bill to allow Bitcoin investment | Not specified |
New Hampshire | House committee approved bill | Up to 5% of funds |
Utah | Bill awaiting Senate vote | Over $500 billion market cap assets (likely Bitcoin) |
Bitcoin is a type of digital money. This is a big deal because it shows that some governments are starting to trust and use cryptocurrencies!