#亚利桑那比特币储备 Arizona Plans to Establish Bitcoin Reserves, Are Local Governments in the U.S. Starting to 'Hoard Coins'?

Recently, a proposal in the Arizona State Legislature aims to include Bitcoin as part of the state government's reserve assets, drawing market attention. This could be the first time a local government in the U.S. officially considers cryptocurrency as an 'official reserve'.

What is the purpose?

• To combat inflation and preserve state financial assets

• To strengthen blockchain-friendly policies and attract Web3 companies

• To establish a decentralized asset reserve system and reduce dependence on federal finances

Market significance:

If the proposal passes, Arizona may become the first state government in the U.S. to hold Bitcoin, setting a precedent for other states. This also symbolizes that Bitcoin is gradually moving from a private asset to official recognition.

A government holding coins, is it beneficial or detrimental?

Supporters argue this is a forward-looking strategy; opponents worry about price volatility affecting fiscal stability. However, it is undeniable that government-level involvement will bring a new endorsement for BTC.

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Do you support local governments holding Bitcoin?

Share your thoughts in the comments!