In the United States, almost half of the governments of the States are either on the way to put part of their money in the crypto, or already, and a large part of the booming interest in linking their financial future to the markets Digital assets came after US President Donald, Donald Trump has shown support for a national stock of figure assets.
In an increase in cryptographic legislative or financial efforts at the state level, 21 states invest or plan to invest – generally in the main token of industry, Bitcoin (BTC), and sometimes also in less volatile stables that are Designed to correspond to the value of the value of the value of the value of the value of the value of the American dollar, according to a Coindesk analysis. With states such as Arizona, Pennsylvania, Utah and Texas which are already digging in legislation to open public funds to buy cryptocurrencies, such initiatives can exceed effort at Congress targeting a self- saying bitcoin r bitcoin r
Sixteen States legislatures are considering bills to establish digital asset stocks or to allow their retirement funds to be partially invested in crypto, most of them have been introduced in recent weeks. The managers of three other states are involved in serious discussions on participation, and fund managers for two states – Michigan and Wisconsin – have already plunged parts of the retirement portfolios of their public employees in negotiated funds in exchange for Crypto (ETF).
If states are starting to pay parts of their public funds in Bitcoin and other digital assets, it would potentially lock billions of dollars of chips for long periods, which increased the value of assets that still circulate openly. Another effect: States potentially create millions of people to have personal issues in the health of the cryptography sector – whether they wish or not.
In many of the proposals, governments seek to follow in the footsteps of Michigan and Wisconsin to push parties of their pension funds and retirement investments in digital assets. Retired teachers, law enforcement agents and other public employees will see part of their financial security depend on the fluctuations in cryptographic markets.
Other legislation emissions would ask the Treasurers of the State to spend up to 10% of their public funds in a strategic reserve, some specifying that eligible digital assets must have at least a market capitalization of $ 500 billion, does not Leaving that Bitcoin currently does not fill the brand.
Arizona and Utah build an advance after having made the adoption of their efforts by the legislative committees, but other states weighing a version of a Crypto bill also include Illinois, Indiana, Kansas, Massachusetts, Missouri, Montana, New Hampshire, North Dakota, Ohio, Oklahoma, South Dakota and Wyoming. Others, such as Alabama, Florida and Kentucky, envisage proposals from state representatives or about to continue legislation. States interested in digital asset reserves are mainly republican in their policy, and the reasons why legislators say they support invoices include the diversity of investments and the adoption of technological innovation.
The amount put aside by the States could possibly be overshadowed by the own reserve of the American government, if this effort takes place. President Trump, in his broader decree on American cryptography policy, called on his administration to “assess the potential creation and maintenance of a national stock of digital assets”. The ordinance suggested that it could be built from Crypto government convulsions in criminal affairs.
The idea was initially presented by senator Cynthia Lummis, the Wyoming Republican who devotes a large part of her political bandwidth to support the crypto and was appointed first president of the Senate banking committee subcommittee. Its invoice to set up an American reserve calls on the country to obtain around $ 20 billion in chips in the first year and to obtain 200,000 others in the following four years, until the United States holds Finally a million bitcoin.
While the Lummis field called it as a “strategic bitcoin reserve”, it is not – as the oil reserve – designed for deployment when economic conditions justify it. It is more structured as a long-term investment, forcing the United States to hold assets for at least 20 years.
It would be almost 5% of the final and finished Bitcoin intact for at least two decades. Combined with all that states seek to store, American governments would guarantee a significant percentage of the assets, in addition to the imposing reserves owned by American ETF issuers such as BlackRock and gray levels and investors of Company led by Microstrategy.
The interests of the States for Bitcoin potentially won the ultimate exercise of Satoshi Nakamoto of financial foreigners firmly in the field of initiates, adding the active functions of the government. The Bitcoin White Paper intended to establish a transaction system outside the need for financial intermediaries or government surveillance.
States creating Bitcoin funds managed in part by new laws could become among the most stable institutional investors. And name bitcoin as a “strategic reserve” puts digital tokens tied with gold and oil as economic pillars, despite the very different nature of cryptocurrencies and their practical weaknesses as coverage of inflation inflation .
From the point of view of their citizens or their public employees, states that will take crypto issues will reproduce with two potential results: millions of people will benefit from more comfortable and well -funded public services; Or millions of people will look at a crypto accident eating in the safety net on which they count.
It could be “disastrous for tens of millions of retirees if government representatives have played with state pension funds to buy bitcoin or crypto,” said Dennis Kelleher, CEO of Better Markets, a group of Washington -based advocacy which criticizes the dangers of digital assets.
He described the idea of a government Bitcoin to store “a cheeky attempt at a handful of cryptographic billionaires and their political allies to withdraw money from the taxpayers on the main street to create an artificial request for a Very volatile product that suffers from boom-build cycles, for trading and fraudulent prices on unregulated markets, and has no socially legitimate use, but is loved by criminals.
Bets on the Polymarket prediction site have put the chances that one of the states starting to reserve the Bitcoin reserves before the end of this month at 11%, and the chances that the United States will set up such a reserve this year at the national level are 45%.
It may already be a trend that the governments of the world cannot ignore.
“We are planning that more statements, central banks, sovereign funds and government vouchers will seek to establish strategic positions in Bitcoin”, predicted that researchers from Fidelity Digital Assets in a look of Look for 2025. “To face challenges such as debilitating inflation, the discharge of currencies, and the crushing increasingly of budgetary deficits, to do no bitcoin allowance could become more a risk for nations than to do one.”
