#ArizonaBTCReserve
Arizona just made a bold move - planning to launch a Strategic Bitcoin Reserve, letting treasury & pension funds invest up to 10% in Bitcoin and digital assets.
If signed into law, it’ll be the first U.S. state to do so!
My take? It’s a big step - and others might follow.
➕ Pros:
• Diversification - some crypto, not all eggs in one basket
• Inflation hedge - dollar weakens? BTC holds
• Progressive image - tech, startups, investors will notice
➖ Cons:
• Volatility - big swings, tax money at risk
• Regulatory uncertainty - laws still forming
• Reputation risk - not everyone likes “gambling” with public funds
⚡️ Will others follow?
Texas, Florida, Wyoming... who's next?