The governor of New Hampshire officially signed law HB 302, allowing the state treasurer to invest state funds in Bitcoin and precious metals.
Goal: Diversify reserves, protect the budget from inflation, and create a 'digital equivalent of the gold standard.'
Conditions: Investments are possible only in assets with a capitalization > $500 billion (currently, this is only BTC).
Why is this important?
1️⃣ The first step in U.S. history: The state officially recognized Bitcoin as part of its strategic reserves.
2️⃣ Movement for BTC reserves: Similar bills are being discussed in Arizona, Illinois, Maryland, Michigan, and Texas.
3️⃣ Contrast with Florida: The state Senate postponed two BTC projects, but debates continue.
Experts estimate:
Satoshi Action Fund: 'HB 302 proves that Bitcoin is the safest monetary network for protecting taxes.'
Analysts: This could trigger a chain reaction in other states, strengthening institutional adoption of BTC.
What's next?
Watch for market reactions and legislation developments in other regions. Bitcoin continues to become part of the U.S. financial infrastructure.
