#ArizonaBTCReserve Arizona may become the first state in the USA to officially adopt Bitcoin as part of the state treasury reserves. Thus, Arizona will hold Bitcoin at around 10% of the total state reserves, indicating how quickly they want to implement digitalization. So far, few understand what is happening. No one explains how this will affect municipalities and their budgets if Bitcoin drops to $15,000, as it did in 2022-2023.