TexasBitcoin
626 views
4 Discussing
Hot
Latest
🚀🏛️ #TexasBTCReserveBill : The Lone Star State Goes All-In on Bitcoin! 🤠💰
Texas is making bold moves with the #TexasBTCReserveBill, proposing to hold Bitcoin as a strategic reserve asset! 🏦⚡ As crypto adoption grows, this bill could position Texas as a major Bitcoin hub, driving innovation and financial sovereignty.
🔥 Key Highlights:
🔹 State-Owned BTC? 🏛️ – Texas may officially hold Bitcoin in reserves.
🔹 Financial Independence 💰 – A hedge against inflation & economic shifts.
🔹 Pro-Crypto Policies 🚀 – Strengthening Texas as a blockchain leader.
🔹 National Impact 🌎 – Could other states follow suit?
Is Texas paving the way for Bitcoin-backed state reserves, or is this a risky bet? Drop your thoughts below! ⬇️💬
#Bitcoin #TexasBitcoin #CryptoRegulation #Finance
$BTC
Texas is making bold moves with the #TexasBTCReserveBill, proposing to hold Bitcoin as a strategic reserve asset! 🏦⚡ As crypto adoption grows, this bill could position Texas as a major Bitcoin hub, driving innovation and financial sovereignty.
🔥 Key Highlights:
🔹 State-Owned BTC? 🏛️ – Texas may officially hold Bitcoin in reserves.
🔹 Financial Independence 💰 – A hedge against inflation & economic shifts.
🔹 Pro-Crypto Policies 🚀 – Strengthening Texas as a blockchain leader.
🔹 National Impact 🌎 – Could other states follow suit?
Is Texas paving the way for Bitcoin-backed state reserves, or is this a risky bet? Drop your thoughts below! ⬇️💬
#Bitcoin #TexasBitcoin #CryptoRegulation #Finance
$BTC
🚨🚨 #TexasBitCoin 🚨$BTC 🚨🚨
Reserve Bill (SB 21) hearing set for April 23, 2025, in the House. It’s a big deal, but some of the buzz needs a reality check. Let’s break it down:📜 Bill Status: SB 21 already passed the Texas Senate 25-5 on March 6, 2025, and is now headed to the House for a hearing on April 23. If it passes, Texas could be the first U.S. state with a Bitcoin reserve. 🏛️💸 Investment Plan: The original SB 778 had a $500M annual Bitcoin buying cap, but SB 21 removed it, meaning Texas could invest way more in BTC, depending on legislative appropriations. Claims of a fixed $500M yearly buy aren’t fully accurate anymore. 🚀🏦 Reserve Setup: The reserve will be a special fund outside the state treasury, managed by the Texas Comptroller. It’ll focus on Bitcoin and other cryptos with a market cap over $500B (only BTC qualifies now). Think of it as Texas’ “digital gold” stash. 🪙📈 Why It Matters: Supporters, like Sen. Charles Schwertner, say it’s a hedge against inflation and a way to boost Texas’ financial resilience. Critics warn about BTC’s volatility—its price dropped 20% from $109K to $85K recently. ⚖️🇺🇸 Bigger Picture: Texas is riding a wave of state-level BTC reserve proposals (21 states are exploring similar moves). This aligns with Trump’s push for a federal crypto reserve, but some argue it’s more symbolic than a price driver. 🌎⚠️ What to Watch: The House hearing will decide if Texas goes all-in. No specific $500M yearly commitment is confirmed—funding depends on future budgets. Volatility and regulatory risks are still hot topics. 👀
Reserve Bill (SB 21) hearing set for April 23, 2025, in the House. It’s a big deal, but some of the buzz needs a reality check. Let’s break it down:📜 Bill Status: SB 21 already passed the Texas Senate 25-5 on March 6, 2025, and is now headed to the House for a hearing on April 23. If it passes, Texas could be the first U.S. state with a Bitcoin reserve. 🏛️💸 Investment Plan: The original SB 778 had a $500M annual Bitcoin buying cap, but SB 21 removed it, meaning Texas could invest way more in BTC, depending on legislative appropriations. Claims of a fixed $500M yearly buy aren’t fully accurate anymore. 🚀🏦 Reserve Setup: The reserve will be a special fund outside the state treasury, managed by the Texas Comptroller. It’ll focus on Bitcoin and other cryptos with a market cap over $500B (only BTC qualifies now). Think of it as Texas’ “digital gold” stash. 🪙📈 Why It Matters: Supporters, like Sen. Charles Schwertner, say it’s a hedge against inflation and a way to boost Texas’ financial resilience. Critics warn about BTC’s volatility—its price dropped 20% from $109K to $85K recently. ⚖️🇺🇸 Bigger Picture: Texas is riding a wave of state-level BTC reserve proposals (21 states are exploring similar moves). This aligns with Trump’s push for a federal crypto reserve, but some argue it’s more symbolic than a price driver. 🌎⚠️ What to Watch: The House hearing will decide if Texas goes all-in. No specific $500M yearly commitment is confirmed—funding depends on future budgets. Volatility and regulatory risks are still hot topics. 👀
🚨 BREAKING: Texas State Rep. Giovanni Capriglione proposes a Strategic #Bitcoin Reserve for the Lone Star State! 🌟⚡
Big moves for #BitcoinNation 🌎💰
#BitBounty #CryptoNews #TexasBitcoin
$BTC $SOL $BNB
Big moves for #BitcoinNation 🌎💰
#BitBounty #CryptoNews #TexasBitcoin
$BTC $SOL $BNB
Login to explore more contents