Almost half of the state governments in the US After the president of the United States, Donald Trump showed support for a national digit asset reserve.
In increasing legislative or financial cryptographic efforts at the state level, 21 states are investing or seeking to invest, generally in the leader of the industry, Bitcoin (BTC) and, sometimes, also in less volatile stables designed to match the value of the US dollar, according to a Coindesk analysis. With states such as Arizona, Pennsylvania, Utah and Texas already digging in the legislation to open public funds to buy cryptocurrencies, such initiatives can overcome the effort in Congress aimed at a so -called Bitcoin R Strategic R
Sixteen state legislatures are analyzing bills to establish digital asset reservations or to allow their state retirement funds to be partially invested in cryptography, most of them introduced in recent weeks. Officials in three other states are dedicated to serious discussions about joining, and money administrators for two states, Michigan and Wisconsin, have already submerged parts of the retirement portfolios of their public employees in funds (ETF) quoted in cryptocurrency exchange .
If the states begin to pour parts of their public funds in Bitcoin and other digital assets, potentially blocked billions of dollars of tokens for prolonged periods, which increases the value of the assets that still circulate openly. Another effect: States are potentially establishing millions of people to have personal bets in the health of the cryptographic sector, whether they want or not.
In several of the proposals, governments seek to follow in the footsteps of Michigan and Wisconsin to promote parts of their retirement funds and state pension investments in digital assets. The masters of retired schools, the agents of the law and other public employees will see that part of their financial security depends on the fluctuations of cryptography markets.
Other laws would instruct state treasurers to spend up to 10% of their public funds on a strategic reserve, and some specify that qualified digital assets must have at least one market limit of $ 500 billion, letting Bitcoin only comply With the brand.
Arizona and Utah are building a leadership after the legislative committees pass their efforts, but other states that weigh some version of a cryptography bill also include Illinois, Indiana, Kansas, Massachusetts, Missouri, Montana, New Hampshire, Dakota Del North, Ohio, Oklahoma, South Dakota and Wyoming. Others, such as Alabama, Florida and Kentucky, are considering proposals from state officials or on the verge of following the legislation. The states interested in digital asset reserves are predominantly of republican majority in their policy, and the reasons why legislators say they are supporting the bills include the diversity of investments and the adoption of technological innovation.
The amount saved by states could eventually be eclipsed by the United States government reserve itself, if that effort is passed. President Trump, in his broader executive order on the US cryptocurrency policy. The order suggested that it can be built from government criptography in criminal cases.
The idea had initially been released by Senator Cynthia Lummis, the Wyoming Republican who dedicates much of her political bandwidth to support Crypto and was appointed the first president of the Digital Assets Subcommittee of the Senate Banking Committee. Its bill to establish an American reserve requires that the country obtain around $ 20 billion in the tokens in the first year and obtain another 200,000 in each of the next four years, until the United States finally has one million Bitcoin .
While the launch of Lummis has called it a “Bitcoin strategic reserve”, it is not, as the oil reserve, designed for deployment when economic conditions justify it. It is structured more as a long -term investment, which requires the United States to maintain assets for at least 20 years.
That would be almost 5% of the eventual and finite supply of Global Bitcoin that did not touch for at least two decades. Combined with what states seek to store, US governments would ensure a significant percentage of the asset, in addition to the imposing reserves held by the ETF emitters of the United States. UU., Such as Blackrock and corporate investors and gray scale, led by Microstrategy .
The interest of the states in Bitcoin potentially lands the final exercise of Satoshi Nakamoto of financial strangers firmly in the field of experts, adding the asset to the central functions of the government. Bitcoin’s White Paper was intended to establish a transaction system outside the need for financial intermediaries or government supervision.
The states that establish Bitcoin funds administered in part by new laws could become some of the most stable institutional investors in the industry. And name Bitcoin as a “strategic reserve” puts digital tokens with gold and oil as economic pillars, despite the very different nature of cryptocurrencies and their practical weaknesses such as inflation coverage.
From the perspective of their citizens or public employees, he affirms that CRUPTOGRAPHICAL Bets will be with two potential results: millions of people will enjoy more comfortable and well -financed public retirement or services; Or millions of people will see a cryptographic shock eating in the security network they have.
It could be “disastrous for dozens of millions of retirees if government officials played with state pension funds to buy bitcoin or cryptography,” said Dennis Kelleher, CEO of Better Markets, a Washington -based defense group that is critical of the dangers of digital assets.
He called the idea of a storage of the Bitcoin government “a shameless attempt of multimillionaire cryptographic and its political allies to get money from the pockets of the street taxpayers of Main to create an artificial demand for a highly volatile product that suffers from booming cycles, it is full of trade and fraudulent prices in unregulated markets, and does not have socially legitimate use, but is loved by criminals. “
Bets on the Polymarket Prediction site have made the chances that one of the states that begins to neglect Bitcoin reserves before the end of this month at 11%, and the possibilities of the US. Estable this reservation this year nationwide are 45%.
It can be a trend that everyone’s governments cannot ignore.
“We anticipate more national states, central banks, sovereign wealth funds and the government’s treasure will seek to establish strategic positions in Bitcoin,” predicted Fidelity digital asset researchers in an appearance report for 2025 “. The degradation of foreign exchange and deficits increasingly overwhelming prosecutors, not making any assignment of Bitcoin could become a more risk for nations to do one. “
