A bill has been proposed in North Carolina to allow the investment of public funds in digital assets. This initiative aligns with the idea of creating a strategic Bitcoin reserve.
The Bill and Trump's Vision
The 'NC Digital Investments Act' requires digital assets to have an exchange-traded product and an average market cap of at least $750 billion over the past 12 months. House Speaker Destin Hall emphasized that investing in Bitcoin can yield positive returns for the state and strengthen its leadership in technological development.
Reasons to Invest in Cryptocurrencies
Lawmakers argue that investing in digital assets is vital in the face of inflation and dollar depreciation, as well as for the potential returns from state funds. HB 92 co-sponsor Mike Schietzelt noted that new technologies such as blockchain and decentralized finance are shaping the future and opening new opportunities for the state.
Ways to Earn Free Bitcoin
As Bitcoin gains popularity among US states, new ways are emerging for small investors. One such way is through the meme coin BTC Bull, which rewards holders with real BTC airdrops when Bitcoin reaches certain price levels.
The proposed bill in North Carolina opens doors for strategic investments in digital assets, potentially strengthening the state's position in the technological sector.