比特三肥
如果你连追涨都不敢，那你来币圈做什么？做看客吗？
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I'll donate some to you.
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Hello everyone, I am Sanfei. Brothers who hold BNB are blessed again. The much-anticipated Binance Megadrop Phase II is finally here. Using BNB to participate in staking in Megadrop not only can you get Megadrop points but also automatically participate in Binance Launchpool. It is so cool.
This is not the first time that Binance has given away money to users who hold BNB. For example, in the recent participation in the first phase of Megadrop, within two weeks, not only did I get the airdrop of the BB project in Megadrop, but I also got the income of REZ and NOT in Launchpool, and I made thousands of U without doing anything. The income does not include the increase in BNB. Do you love BNB, a veritable golden shovel?
Finally, Lista is a project developed by Binance alone. The current over-the-counter price is 0.8U. Megadrop accounts for 100 million of the initial circulation. Brothers can judge whether to participate based on their own judgment. If you have any other ideas and opinions, brothers are welcome to follow and leave a message in the comment area for discussion.
#MegadropLista #新币挖矿 #BTC
This is not the first time that Binance has given away money to users who hold BNB. For example, in the recent participation in the first phase of Megadrop, within two weeks, not only did I get the airdrop of the BB project in Megadrop, but I also got the income of REZ and NOT in Launchpool, and I made thousands of U without doing anything. The income does not include the increase in BNB. Do you love BNB, a veritable golden shovel?
Finally, Lista is a project developed by Binance alone. The current over-the-counter price is 0.8U. Megadrop accounts for 100 million of the initial circulation. Brothers can judge whether to participate based on their own judgment. If you have any other ideas and opinions, brothers are welcome to follow and leave a message in the comment area for discussion.
#MegadropLista #新币挖矿 #BTC
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More options for you to choose~ The threshold is lowered. Which project do you think is the biggest dark horse of BTCL2? #BTC突破7万大关 #ETH🔥🔥🔥🔥🔥🔥
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@zksync I heard you've been waiting for four years and are finally going to launch a coin? You know the valuation, right? Be smart and don't set the listing price too high, you hear me? Don't be like that beast @Starknet#空投大毛 #ETH🔥🔥🔥🔥🔥🔥
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Hello everyone, I am Sanfei. With the increasing expectations of the Ethereum ETF passing, ETH rose by 20% overnight last night. Congratulations to ETH holders for finally getting a wave of gains after being beaten for half a year.
Today Sanfei is thinking about a question, that is, if the ETF is really passed, there will be more new users in the future. Which coin should be recommended to new friends? This question seems simple, but it actually involves the following aspects:
First, it cannot be too expensive, which basically excludes BTC and ETH, because new users are unlikely to bring a lot of money to go all-in, and not everyone can afford to buy 6-digit Bitcoin and 5-digit Ethereum;
Second, the decline must be small, which can basically exclude most altcoins. Most altcoins start with a 10-point increase, which is extremely unfriendly to newcomers;
Third, there must be a good return expectation and resistance to bull and bear markets, which is even more difficult. Old leeks know that most altcoins cannot resist bull and bear markets, and they all take the path of "issuing coins" - "pulling the market" - "returning to zero". The coins that can pull the market for a long time are one in a hundred. The three fat picks in the market, and finally only one coin meets the requirements, that is BNB:
In terms of unit price, the price of 600 dollars is equivalent to more than 4,000 yuan, which is affordable for everyone;
In terms of resistance to decline, among the major mainstream currencies, BNB has always been the most resistant to decline in any cycle. In the last cycle, Bitcoin fell from 69,000 US dollars to 15,000 US dollars, a drop of more than 75%, and ETH was the same. Only BNB showed enough resilience;
As for the most important rate of return, although it seems not as good as Bitcoin and Ethereum, with the unique launchpool product, its comprehensive rate of return is not low at all. Sanfei made a statistics:
As of March 13, Binance Launchpool has launched a total of 7 projects this year. Judging from the mining APY of the past 7 Launchpools, the average rate of return brought by the price performance on the day of launch exceeded 100%, and the highest return MANTA reached 186.92%. Imagine that when you hold 100 BNB in a bull market, you put them into the pool for mining with basically lying down operations, and you will get 1000u in 5-7 days, which is definitely a golden shovel in the bull market.
Mining is just one of the benefits of BNB holders. The three fat guys dare to support BNB so much, and the most important thing is its repurchase mechanism:
20% of Binance's quarterly profit will be used to buy back and destroy BNB. The destruction mechanism will continue until 50% of the total supply is destroyed, that is, it is reduced to less than 100 million BNB. The maximum number of BNB in circulation is 200 million, and currently 140 million are in circulation, which means there is still 40% of destruction space.
The last time the BNB Foundation carried out the 27th quarterly destruction, a total of 1,944,452.51 BNBs were destroyed, which was equivalent to about US$1.17 billion at the time.
You can think about it, when there are only 100 million BNBs in circulation, where will BNB end?
With such a rich background, there is no shortage of funds to pull up and protect the market. There is no need to worry that the price of the currency will suddenly be cut in half. It has strong empowerment and diverse application scenarios, from deducting handling fees to mining activities to a coin that kills two birds with one stone... It is not an exaggeration to say that it is the most empowered copycat king in the currency circle. It is too friendly to novice friends. I sincerely hope that there will be more such tokens in the currency circle, rather than a bunch of concepts created by VCs.
It’s getting late, so today’s sharing ends here. Thank you for reading. If you have any projects you want to study, you can leave a message in the comment area. Sanfei usually likes to study. Let’s strive to capture the next valuable coin together. #BNB挖礦 #Launchpool #ETH🔥🔥🔥🔥🔥🔥
Today Sanfei is thinking about a question, that is, if the ETF is really passed, there will be more new users in the future. Which coin should be recommended to new friends? This question seems simple, but it actually involves the following aspects:
First, it cannot be too expensive, which basically excludes BTC and ETH, because new users are unlikely to bring a lot of money to go all-in, and not everyone can afford to buy 6-digit Bitcoin and 5-digit Ethereum;
Second, the decline must be small, which can basically exclude most altcoins. Most altcoins start with a 10-point increase, which is extremely unfriendly to newcomers;
Third, there must be a good return expectation and resistance to bull and bear markets, which is even more difficult. Old leeks know that most altcoins cannot resist bull and bear markets, and they all take the path of "issuing coins" - "pulling the market" - "returning to zero". The coins that can pull the market for a long time are one in a hundred. The three fat picks in the market, and finally only one coin meets the requirements, that is BNB:
In terms of unit price, the price of 600 dollars is equivalent to more than 4,000 yuan, which is affordable for everyone;
In terms of resistance to decline, among the major mainstream currencies, BNB has always been the most resistant to decline in any cycle. In the last cycle, Bitcoin fell from 69,000 US dollars to 15,000 US dollars, a drop of more than 75%, and ETH was the same. Only BNB showed enough resilience;
As for the most important rate of return, although it seems not as good as Bitcoin and Ethereum, with the unique launchpool product, its comprehensive rate of return is not low at all. Sanfei made a statistics:
As of March 13, Binance Launchpool has launched a total of 7 projects this year. Judging from the mining APY of the past 7 Launchpools, the average rate of return brought by the price performance on the day of launch exceeded 100%, and the highest return MANTA reached 186.92%. Imagine that when you hold 100 BNB in a bull market, you put them into the pool for mining with basically lying down operations, and you will get 1000u in 5-7 days, which is definitely a golden shovel in the bull market.
Mining is just one of the benefits of BNB holders. The three fat guys dare to support BNB so much, and the most important thing is its repurchase mechanism:
20% of Binance's quarterly profit will be used to buy back and destroy BNB. The destruction mechanism will continue until 50% of the total supply is destroyed, that is, it is reduced to less than 100 million BNB. The maximum number of BNB in circulation is 200 million, and currently 140 million are in circulation, which means there is still 40% of destruction space.
The last time the BNB Foundation carried out the 27th quarterly destruction, a total of 1,944,452.51 BNBs were destroyed, which was equivalent to about US$1.17 billion at the time.
You can think about it, when there are only 100 million BNBs in circulation, where will BNB end?
With such a rich background, there is no shortage of funds to pull up and protect the market. There is no need to worry that the price of the currency will suddenly be cut in half. It has strong empowerment and diverse application scenarios, from deducting handling fees to mining activities to a coin that kills two birds with one stone... It is not an exaggeration to say that it is the most empowered copycat king in the currency circle. It is too friendly to novice friends. I sincerely hope that there will be more such tokens in the currency circle, rather than a bunch of concepts created by VCs.
It’s getting late, so today’s sharing ends here. Thank you for reading. If you have any projects you want to study, you can leave a message in the comment area. Sanfei usually likes to study. Let’s strive to capture the next valuable coin together. #BNB挖礦 #Launchpool #ETH🔥🔥🔥🔥🔥🔥
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As long as ETH doesn't collapse, there will be no crazy bull market for copycats.
The 519 that made the old leeks in the currency circle tremble with fear was spent in a depressed market sentiment. The good news is that the big drop of that year has not been repeated this year. The bad news is that the market sentiment is not optimistic: BTC is weak in rising, and new coins are all falling. The whole market seems to be stagnant. Many friends around me have lamented in recent casual chats that it is difficult to make money this year. The core reason is very simple: there is no copycat season in this round, and there is no grand occasion of copycats flying all over the place with ten times or a hundred times the previous bull market.
If you ask me, there is no copycat crazy bull market, because as long as ETH, the largest public chain bubble group in the currency circle, does not spit out its excess market value, the copycat will not have a crazy bull market!
To put it bluntly, Ethereum, as the largest copycat, has sucked the "blood" of the copycats in this cycle, which has led to the current situation where the copycats cannot usher in a crazy bull market.
I know this sentence may offend too many Ethereum believers, but this is the fact: compared with the last round of "Defi Bull", Ethereum has too many Layer2s around it, resulting in its market value in this cycle being much higher than many people imagine.
Take the most famous "Four Heavenly Kings" among ETH's more than 60 Layer2s as an example: ARB and OP occupy a circulating market value of 2.6 billion US dollars and 2.7 billion US dollars respectively, and the fully released market value (FDV) of both is more than 10 billion US dollars. Although STRK, which was just listed this year, has a market value of only 1.2 billion US dollars, its fully diluted market value is also 10 billion US dollars.
Zksync, the only one of the four heavenly kings that has not issued a coin, is a project benchmarked against STRK. Its valuation in the last round of financing was also 8 billion, so it is still a 10 billion project.
The FDV of the four heavenly kings alone is equivalent to three avalanche chains (AVAX) added together.
Here we do not count other Layer2s that are already circulating in the market, such as IMX (current market value of 3.3 billion US dollars, FDV4.5 billion), which is the same project as STRK and was listed in the last cycle, Manta (current market value of 360 million US dollars, FDV1.4 billion), which was launched three years ago and just listed this year, and Metis (current market value), whose mother V God is an advisor.
Each of them is an "Ethereum Layer2" with a high valuation, unit price and FDV. After the emergence of these Layer2s, while increasing the ETH consumption scenarios and pushing up the ETH price, they also sucked away the liquidity in the market. However, except for STRK, which can be used as an ETH replacement token on the main network for consumption, the other tokens are "governance tokens", which means they are useless.
In the last cycle, ETH has been developing from Defi to domain names to NFT to pledge, and the concepts and gameplays are endless. However, in this cycle, ETH has long lost its ability to tell stories, and uses the narrative of "Restaking" to support its huge and inflated market value. What is Restaking? It is pledging on the surface, but it is actually a revolving loan. The arrogant ETH project has abandoned the huge number of ordinary users and embraced various ETH big players. The continuous issuance of more than 60 Layer2s has sucked away the liquidity that could have belonged to the copycats, adding to the huge and bloated empire. This is a bloody fact.
Therefore, friends who are still waiting for the copycats to go crazy in this cycle, go to bed. In the market situation where there is no large capital entering the market and the internal PVP is serious, Ethereum will not go crazy unless it completely bleeds. I hope everyone will hold on to the BTC and SOL in their hands, don't buy some empty copycats without authorization, and wait for market changes.
Finally, those who can still read my articles on 520 should be single dogs like me, right? Hahahahahahaha! #ETH🔥🔥🔥🔥🔥🔥 #ARB， #以太坊ETF批准预期
The 519 that made the old leeks in the currency circle tremble with fear was spent in a depressed market sentiment. The good news is that the big drop of that year has not been repeated this year. The bad news is that the market sentiment is not optimistic: BTC is weak in rising, and new coins are all falling. The whole market seems to be stagnant. Many friends around me have lamented in recent casual chats that it is difficult to make money this year. The core reason is very simple: there is no copycat season in this round, and there is no grand occasion of copycats flying all over the place with ten times or a hundred times the previous bull market.
If you ask me, there is no copycat crazy bull market, because as long as ETH, the largest public chain bubble group in the currency circle, does not spit out its excess market value, the copycat will not have a crazy bull market!
To put it bluntly, Ethereum, as the largest copycat, has sucked the "blood" of the copycats in this cycle, which has led to the current situation where the copycats cannot usher in a crazy bull market.
I know this sentence may offend too many Ethereum believers, but this is the fact: compared with the last round of "Defi Bull", Ethereum has too many Layer2s around it, resulting in its market value in this cycle being much higher than many people imagine.
Take the most famous "Four Heavenly Kings" among ETH's more than 60 Layer2s as an example: ARB and OP occupy a circulating market value of 2.6 billion US dollars and 2.7 billion US dollars respectively, and the fully released market value (FDV) of both is more than 10 billion US dollars. Although STRK, which was just listed this year, has a market value of only 1.2 billion US dollars, its fully diluted market value is also 10 billion US dollars.
Zksync, the only one of the four heavenly kings that has not issued a coin, is a project benchmarked against STRK. Its valuation in the last round of financing was also 8 billion, so it is still a 10 billion project.
The FDV of the four heavenly kings alone is equivalent to three avalanche chains (AVAX) added together.
Here we do not count other Layer2s that are already circulating in the market, such as IMX (current market value of 3.3 billion US dollars, FDV4.5 billion), which is the same project as STRK and was listed in the last cycle, Manta (current market value of 360 million US dollars, FDV1.4 billion), which was launched three years ago and just listed this year, and Metis (current market value), whose mother V God is an advisor.
Each of them is an "Ethereum Layer2" with a high valuation, unit price and FDV. After the emergence of these Layer2s, while increasing the ETH consumption scenarios and pushing up the ETH price, they also sucked away the liquidity in the market. However, except for STRK, which can be used as an ETH replacement token on the main network for consumption, the other tokens are "governance tokens", which means they are useless.
In the last cycle, ETH has been developing from Defi to domain names to NFT to pledge, and the concepts and gameplays are endless. However, in this cycle, ETH has long lost its ability to tell stories, and uses the narrative of "Restaking" to support its huge and inflated market value. What is Restaking? It is pledging on the surface, but it is actually a revolving loan. The arrogant ETH project has abandoned the huge number of ordinary users and embraced various ETH big players. The continuous issuance of more than 60 Layer2s has sucked away the liquidity that could have belonged to the copycats, adding to the huge and bloated empire. This is a bloody fact.
Therefore, friends who are still waiting for the copycats to go crazy in this cycle, go to bed. In the market situation where there is no large capital entering the market and the internal PVP is serious, Ethereum will not go crazy unless it completely bleeds. I hope everyone will hold on to the BTC and SOL in their hands, don't buy some empty copycats without authorization, and wait for market changes.
Finally, those who can still read my articles on 520 should be single dogs like me, right? Hahahahahahaha! #ETH🔥🔥🔥🔥🔥🔥 #ARB， #以太坊ETF批准预期
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Is the real value coin Meme? I won’t buy any coin that does things in the future🤡 #MemeWatch2024 #山寨币热点
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In the future, your wallet should not only be protected from hackers, but also from people around you. After all, they have given too much! 🤮 #LayerZero
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大家好，我是三肥，SOL连涨四天再次突破170U的关卡，提起SOL，大部分的兄弟们第一反应就是，又有Meme可以冲啦？那么为什么大家会选择在SOL链上进行Meme的部署，而不是在曾经的土狗之王ETH上呢？
接下来，三肥简单和大家聊一聊SOL。
SOL与以太坊一样，它是一个智能合约区块链，可促进从 DeFi 到 NFT 用例等一般应用程序。以太坊和 SOL的根本区别在于它们的设计理念。
SOL因为自身性能过硬，低费用、低延迟和高吞吐量，当大流量进来时，自身能接的住。金融的本质是交易，Crypto市场真正狂热的东西，都是与交易沾边的，SOL作为一个平台，不断在技术上提高其速度与流畅度。
ETH作为曾经链上活跃度最高的链，虽然完成了坎昆升级，但对主链没有一丝改善。而且，以太坊价格越贵，链上交易成本就越高，一次交易的手续费就在几十上百刀之间，一来一回，冲土狗资金的20%就没了，导致大家开始转向其他链，而因此受益最大的就是SOL。
SOL自身在这一轮表现相当的不俗，从最低位8U拉到最高点210U，短期市值突破到第四。SOL的上涨使大部分的人都吃到了红利，并且在后续的Meme行情中，基本上每一波都是从SOL开始的，俗话说的好“热点在哪里，资金就在哪里。”
而我们反观ETH呢，搬出了质押玩法，想要减缓ETH的通胀，但是好端端的一手好牌打的稀烂，质押项目没有一个冲的出来的，导致无项目可玩，无人敢交易，目前ETH链上的GAS费已经降到3Gwei。
看到这里，如果兄弟们是项目方，你会选择在一个热度不高，资金少，费用高，交易速度慢的链上去进行部署吗？
最后三肥个人还是很看好SOL后续发展的，接下来Meme热潮过后，兄弟们觉得热度是否会过渡到SOL生态基础设施上呢？欢迎兄弟们关注三肥，留言分享你的观点。#SOL #ETH #MemeWatch2024
接下来，三肥简单和大家聊一聊SOL。
SOL与以太坊一样，它是一个智能合约区块链，可促进从 DeFi 到 NFT 用例等一般应用程序。以太坊和 SOL的根本区别在于它们的设计理念。
SOL因为自身性能过硬，低费用、低延迟和高吞吐量，当大流量进来时，自身能接的住。金融的本质是交易，Crypto市场真正狂热的东西，都是与交易沾边的，SOL作为一个平台，不断在技术上提高其速度与流畅度。
ETH作为曾经链上活跃度最高的链，虽然完成了坎昆升级，但对主链没有一丝改善。而且，以太坊价格越贵，链上交易成本就越高，一次交易的手续费就在几十上百刀之间，一来一回，冲土狗资金的20%就没了，导致大家开始转向其他链，而因此受益最大的就是SOL。
SOL自身在这一轮表现相当的不俗，从最低位8U拉到最高点210U，短期市值突破到第四。SOL的上涨使大部分的人都吃到了红利，并且在后续的Meme行情中，基本上每一波都是从SOL开始的，俗话说的好“热点在哪里，资金就在哪里。”
而我们反观ETH呢，搬出了质押玩法，想要减缓ETH的通胀，但是好端端的一手好牌打的稀烂，质押项目没有一个冲的出来的，导致无项目可玩，无人敢交易，目前ETH链上的GAS费已经降到3Gwei。
看到这里，如果兄弟们是项目方，你会选择在一个热度不高，资金少，费用高，交易速度慢的链上去进行部署吗？
最后三肥个人还是很看好SOL后续发展的，接下来Meme热潮过后，兄弟们觉得热度是否会过渡到SOL生态基础设施上呢？欢迎兄弟们关注三肥，留言分享你的观点。#SOL #ETH #MemeWatch2024
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Most of the time when brothers are rushing memes, they are like this🤡 #memecoin #Meme币你看好哪一个？
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Hello everyone, I am Sanfei. Today, a token LINK that usually has little presence suddenly entered the top 20 of the increase list, and the token increased by 20%.
Sanfei, I looked for the reason for the increase and found that in a report released on Thursday, the world's largest securities settlement system, the Depository Trust and Clearing Corporation (DTCC), completed a pilot project with the blockchain oracle Chainlink (LINK) and several major financial institutions in the United States to help accelerate the tokenization of funds.
Participants include Bank of New York Mellon, Edward Jones, Franklin Templeton, etc.
Driven by the benefits of LINK, the entire RWA sector rose an average of 2.1%.
So what is RWA? Below, Sanfei will explain it one by one.
RWA (Real World Assets) refers to tangible and intangible assets in the physical world (such as real estate, bonds, commodities, etc.). The tokenization of RWA brings these off-chain assets into the blockchain, thereby opening up new possibilities and potential use cases.
Among them, the most representative projects in the RWA sector are MKR (MakerDao) and ONDO (Ondo Finance). MKR is familiar to you. It is a lending platform deployed on ETH. Today, MKR rose from the lowest price of 2662U to the highest price of 2748U. It is currently stable at 2704U. According to a friend of an institution of Sanfei, BlackRock, the world's largest fund management company, which has played the most recognized role in the passage of Bitcoin ETF, announced its entry into the crypto industry. It was very optimistic about MKR and wanted to acquire it, but for some reason, the plan was interrupted.
ONDO is a large, highly liquid ETF managed by institutions such as asset management giant BlackRock and Pacific Investment Management Company (PIMCO), and has launched three tokenized U.S. Treasury and bond products.
ONDO also announced the launch of a tokenized fund, allowing stablecoin holders to invest in bonds and U.S. Treasury bonds, which means that real-world assets are accelerating their integration with DeFi. During the period of downward crypto interest rates, user assets can be allocated with higher returns.
ONDO opened on January 24 this year, and Binance Exchange launched ONDO U-based perpetual contracts for the first time. The price of ONDO coin has quadrupled from 0.2U at that time to 0.94U today, and ONDO has increased by 10% today, and is currently hitting the 1U level!ONDO's overall performance is very strong.
Whether it is ONDO, LINK or MKR, I am very optimistic about this track. If you have other opinions or other potential coins to recommend, please add them.
Brothers who like Sanfei, please pay attention. If you have any questions in this article, please leave a message in the comment area for discussion. #币安交易所 #link #RWA
Sanfei, I looked for the reason for the increase and found that in a report released on Thursday, the world's largest securities settlement system, the Depository Trust and Clearing Corporation (DTCC), completed a pilot project with the blockchain oracle Chainlink (LINK) and several major financial institutions in the United States to help accelerate the tokenization of funds.
Participants include Bank of New York Mellon, Edward Jones, Franklin Templeton, etc.
Driven by the benefits of LINK, the entire RWA sector rose an average of 2.1%.
So what is RWA? Below, Sanfei will explain it one by one.
RWA (Real World Assets) refers to tangible and intangible assets in the physical world (such as real estate, bonds, commodities, etc.). The tokenization of RWA brings these off-chain assets into the blockchain, thereby opening up new possibilities and potential use cases.
Among them, the most representative projects in the RWA sector are MKR (MakerDao) and ONDO (Ondo Finance). MKR is familiar to you. It is a lending platform deployed on ETH. Today, MKR rose from the lowest price of 2662U to the highest price of 2748U. It is currently stable at 2704U. According to a friend of an institution of Sanfei, BlackRock, the world's largest fund management company, which has played the most recognized role in the passage of Bitcoin ETF, announced its entry into the crypto industry. It was very optimistic about MKR and wanted to acquire it, but for some reason, the plan was interrupted.
ONDO is a large, highly liquid ETF managed by institutions such as asset management giant BlackRock and Pacific Investment Management Company (PIMCO), and has launched three tokenized U.S. Treasury and bond products.
ONDO also announced the launch of a tokenized fund, allowing stablecoin holders to invest in bonds and U.S. Treasury bonds, which means that real-world assets are accelerating their integration with DeFi. During the period of downward crypto interest rates, user assets can be allocated with higher returns.
ONDO opened on January 24 this year, and Binance Exchange launched ONDO U-based perpetual contracts for the first time. The price of ONDO coin has quadrupled from 0.2U at that time to 0.94U today, and ONDO has increased by 10% today, and is currently hitting the 1U level!ONDO's overall performance is very strong.
Whether it is ONDO, LINK or MKR, I am very optimistic about this track. If you have other opinions or other potential coins to recommend, please add them.
Brothers who like Sanfei, please pay attention. If you have any questions in this article, please leave a message in the comment area for discussion. #币安交易所 #link #RWA
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TexasBTCReserveBill
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#TexasBTCReserveBill
Texas has recently made significant strides toward establishing a Bitcoin reserve. On March 6, 2025, the Texas Senate passed Senate Bill 21 (SB-21) with a 25-5 vote, aiming to create a Bitcoin and cryptocurrency strategic reserve for the state. Introduced by State Senator Charles Schwertner in January 2025, the bill was initially focused solely on Bitcoin but was later amended to include other digital assets following President Donald Trump's executive order on January 23, which directed a commission to study the feasibility of a "digital asset stockpile."
The legislation empowers the Texas Comptroller of Public Accounts to acquire, sell, and trade investments that a prudent investor would consider, positioning Bitcoin and other cryptocurrencies as potential hedges against inflation and economic volatility. The bill also allows for public donations of Bitcoin to the reserve and mandates secure storage and regular audits to ensure transparency and security.
This initiative aligns with a broader national trend, as President Trump has proposed creating a U.S. strategic cryptocurrency reserve, which would include major cryptocurrencies like Bitcoin, Ether, XRP, Solana, and Cardano. The federal proposal aims to position the United States as a leader in the crypto industry, serving as a hedge against inflation and enhancing the financial system's efficiency.
While Texas moves forward with its Bitcoin reserve plans, other states have exhibited varying levels of interest. States such as Arizona and Utah have advanced similar bills, whereas Montana, Wyoming, North Dakota, South Dakota, and Pennsylvania have rejected such initiatives due to concerns over Bitcoin's volatility and the potential risks to taxpayers.
Critics of Texas's plan argue that investing taxpayer money in Bitcoin could be risky, given the cryptocurrency's unpredictable nature. They caution that such a move might benefit the crypto industry disproportionately and could lead to taxpayer-funded bailouts if the market experiences downturns.
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