In a move that shakes both the crypto world and the political landscape, the state of Arizona is evaluating formalizing a state reserve in Bitcoin ($BTC).
Yes, we are talking about a regional government in the U.S. considering having BTC as part of its long-term financial strategy.
What does this mean?
Institutional recognition of the value of Bitcoin as a reserve.
Potential hedge against inflation and the devaluation of the dollar.
A key precedent for other states (and countries!) to follow the same path.
This step could mark a turning point in the relationship between cryptocurrencies and the traditional financial system.
Will we soon see Bitcoin as part of the official balances of more governments?
