đ **Florida CFO Advocates for Bitcoin in State Pension Funds!** đ
Florida's Chief Financial Officer, Jimmy Patronis, is pushing for Bitcoin (BTC) to be included in the stateâs pension fund investments! đŠđŒ In a formal request to Chris Spencer, Executive Director of Floridaâs State Board of Administration, Patronis emphasized the need for a digital currency investment pilot program.
Patronis highlighted Floridaâs strong economic position, noting its Triple-A bond rating and record state reserves. He believes Bitcoin could serve as a hedge against traditional market volatility, providing stability for public workers' pensions. đđ©âđđšâđ«đźââïž
Inspired by similar moves in states like Wisconsin and Michigan, Patronis wants a feasibility study to assess the risks and benefits of Bitcoin investments. He also cited Donald Trump's advocacy for a national Bitcoin stockpile as an inspiration. đșđžđĄ
With Governor Ron Desantis backing crypto-friendly legislation, Florida is poised to lead in crypto innovation! đđ
Stay tuned for more updates on this exciting development! đ