#ArizonaBTCReserve
The state buys Bitcoin — the beginning of a new era?
The Arizona Senate has approved a resolution to form a state Bitcoin reserve, which could set a precedent for the entire USA. This involves using BTC as part of treasury assets, alongside gold and dollars.
Why this is important:
— Arizona is the first U.S. state to consider BTC as part of its official reserve.
— This legitimizes Bitcoin at the level of public finance.
— It potentially paves the way for paying taxes in BTC in the future.
What this means for the market:
— There is increasing demand for BTC from institutions.
— Other states may follow Arizona's lead (Texas and Florida are already looking into it).
— BTC is gaining a new level of recognition as a store of value asset.
Bitcoin is no longer just a speculative asset — it is slowly transforming into a state reserve.