BOMBSHELL: North Carolina Goes ALL IN On Bitcoin with Groundbreaking 10% Reserve Plan!
In a shocking move that’s sent shockwaves through the financial world, North Carolina has just unveiled an audacious plan to invest a staggering 10% of its state reserves in Bitcoin! That’s right, folks! This bold initiative makes North Carolina the 19th state in the U.S. to dive headfirst into the world of cryptocurrency!
House Bill 92 – A Game Changer for the Tar Heel State!
Introduced by the powerhouse Speaker of the House, Rep. Destin Hall, and championed by Bitcoin buffs Reps. Mark Brody and Steve Ross, this isn’t just a casual proposal; it’s a full-on revolution! With Bitcoin riding high at a value of $97,546 and a market cap soaring close to $1.93 trillion, there’s no denying that the stakes are sky-high!
Under this groundbreaking #HB92, North Carolina plans to pump a whopping 10% of its investment funds into digital assets like Bitcoin – and it’s not stopping there! The state will also consider using funds from pensions, insurance reserves, and trust funds for veterans to supercharge its Bitcoin investments!
Rep. Hall’s Bold Vision for Economic Domination!
Rep. Destin Hall is convinced this could be a financial game changer for North Carolina: “Investing in digital assets like Bitcoin not only has the potential to generate huge yields for our state investment fund but also positions North Carolina as a leader in technology and innovation!"
SERIOUS BUSINESS: North Carolina’s Initiative Not to Be Underestimated!
Industry expert Dan Spuller from the Blockchain Association threw his weight behind this initiative, declaring it will be taken “deadly serious.” Unlike other states where proposals have fallen flat, North Carolina is charging ahead with a fierce determination!
Utah follows suit: Is the Bitcoin Bandwagon about to explode?
But that’s not all! Just last week, Utah made headlines of its own, pushing forward with its own Strategic Bitcoin Reserve bill, which could see it become the first state to invest public funds in crypto! Are we witnessing a Bitcoin Revolution across America?
Don’t blink, folks – the future of finance is unfolding right before our eyes! With Bitcoin sparking fierce debates and strategic investments across states, and even on an international scale, the world is buzzing with excitement. North Carolina’s audacious plan is just the tip of the iceberg. Will more states jump on this crypto train? Only time will tell!
Stay tuned for more explosive updates as the Bitcoin saga continues!
