đ Texas Takes the Bitcoin Bull by the Horns! đ
In a bold move, Texas State Representative Giovanni Capriglione has filed a bill to create a strategic Bitcoin reserve for the Lone Star State! The Texas Strategic Bitcoin Reserve Act aims to boost fiscal stability and cement Texas as a leader in digital innovation. đ
Capriglione envisions this reserve as a "win-win" to combat inflation and hedge against economic volatility. If passed, Texans could pay taxes and fees in BTC, with the reserve managed outside the general revenue fund. đŠ
This initiative is part of a broader trend, with states like Pennsylvania also eyeing Bitcoin integration. As the U.S. embraces crypto, Texas is charging ahead! đȘ