Why do States want a treasure in bitcoin?

The biggest advantage of a BTC reserve lies in its scarcity: there will be no more than 21 million coins. Unlike gold, bitcoin does not require complex management or costly security measures. The bitcoin-based strategic reserve project, promoted by Senator Cynthia Lummis – known on Capitol Hill as “The Queen of Cryptocurrencies” – has captured…

Texas joins the fever of bitcoin reserves

Texas state Congressman Giovanni Capriglione formally introduced a bill to create a strategic bitcoin (BTC) reserve, becoming the fourth state in the United States to show interest in developing its own BTC treasury. The presentation was made by Capriglione during a Space of Texas, itself one of the largest economies in the world, is moving…