New Hampshire has done something significant this time!
The governor just signed a bill that directly allocates 5% of the state government budget to buy Bitcoin—note that it's not just any cryptocurrency, but one with a market capitalization of over 500 billion USD, and currently, the only one that meets this requirement is Bitcoin.
What does this mean? The first state in the United States to stockpile Bitcoin as a strategic reserve asset has been born!
Don't be fooled by the 5% figure seeming small; this is real government funds entering the market, sending a powerful signal. In my opinion, this move sets an example for all states in the U.S.: digital currency is about to enter government asset lists!
Next, it's highly likely that other states will follow suit, after all, who doesn't want to seize an opportunity in the era of digital finance? If this becomes a trend, Bitcoin's 'official certification' status will skyrocket, and the traditional financial system might have to be reshuffled.
We, the onlookers, might just witness a historic page being turned!
I am Xin Jie, click on my profile to follow me if you want to know how to buy low and sell high? I offer free sharing to help you set sail!