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Texas Just Delivered Incredible News to Bitcoin Investors Everywhere
File this under "More proof that Bitcoin is going mainstream." At the end of June, Texas signed into law a Strategic Bitcoin Reserve that will invest in Bitcoin. Texas becomes the third state to do so, joining New Hampshire and Arizona. This is fantastic news for Bitcoin investors everywhere. Although the state's initial $10 million investment won't affect Bitcoin's price, there are a number of reasons why the move is significant. Most importantly, Texas made a commitment to dedicate public funds to a stand-alone Strategic Bitcoin Reserve. In other words, actual taxpayer money is going to be spent on buying Bitcoin. ... (full story)
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