#ArizonaBTCReserve Bitcoin — into the state reserve!

The state of Arizona surprises again: local authorities are considering the possibility of creating a state reserve in Bitcoin — Arizona BTC Reserve. This means that part of the state budget could be held in BTC, like digital gold.

Why is this necessary?

The idea is to protect state finances from dollar inflation and diversify assets. Bitcoin is viewed as an alternative to gold, but with greater liquidity and growth potential.

What has already been done:

— A bill has been submitted to the Arizona Senate

— Frameworks for storage, security, and regulation are being discussed

— The possibility of using BTC in the future for state expenditures

Why is this important:

If the law is passed, Arizona could become the first state in the USA to officially add Bitcoin to its financial reserves. This would set a precedent and enhance the adoption of cryptocurrencies at the state level.

Interesting fact:

Previously, Arizona had already proposed allowing tax payments in BTC — the state clearly aims to become a crypto-friendly region.